Livonia Estate Lawyer, Michigan, page 4

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Jamie R. Ryke
About | Practice Areas
Thav, Ryke and Associates, Attorneys at Law
24725 W 12 Mile Rd Suite 110 Southfield, MI 48034» view map
Estate Law
Lawyers Who Treat You Like Family

We have achieved a reputation for solving complex probate matters and as a result, practice and have clients throughout the great state of Michigan.

800-707-6901
1. Jamie R. Ryke Southfield, MI
  Attorney at Law - MI, 1997
  St. Thomas University J.D. 1996
2. AboutThav, Ryke and Associates, Attorneys at Law
  Lawyers Who Treat You Like Family
3. Practice AreasExpertise
  Estate Law
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Jason Peter Wapiennik

International, Trusts, Estate Planning, Estate, Administrative Law

Status: In Good Standing

CONTACT

32437 5 Mile Rd, Livonia, MI 48154

Gerald A. Bagazinski

Health Care Other, Estate Planning, Elder Law, Business

Status: In Good Standing Licensed: 37 Years

CONTACT

Livonia, MI 48151

Jaspinder Singh Sachdev

Health Care Other, Gift Taxation, Estate Planning, Business

Status: In Good Standing Licensed: 18 Years

CONTACT

32238 Schoolcraft Rd, Livonia, MI 48150

Linda G. Anderson

Landlord-Tenant, Real Estate, Estate Planning, Contract, Credit & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

13407 Farmington Rd, Livonia, MI 48150

Raymond K. Waldo

Federal Appellate Practice, Estate Planning, Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 31 Years

CONTACT

14881 Farmington Rd, Livonia, MI 48154

Richard T. Graham

Estate Planning, Estate, Divorce, Criminal

Status: In Good Standing Licensed: 30 Years

CONTACT

32437 Five Mile Rd, Livonia, MI 48154

William C. Fried

Health Care Other, Social Security, Estate Planning, Business

Status: In Good Standing Licensed: 61 Years

CONTACT

33300 Five Mile Rd, Livonia, MI 48154

James P. Frederick

Wills & Probate, Estate Planning, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 35 Years

CONTACT

33300 5 Mile Rd, Livonia, MI 48154

Roman J. Ficaj

Criminal, Estate, Lawsuit & Dispute, Traffic, Wills & Probate

Status: In Good Standing Licensed: 32 Years

CONTACT

15461 Middlebelt Rd, Livonia, MI 48154

Carole S. Empey

Estate Planning, Construction, Elder Law, Health Care, Business

Status: In Good Standing

CONTACT

38777 6 Mile Rd, Livonia, MI 48152

800-923-0641

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LEGAL TERMS

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

SAMPLE LEGAL CASES

In re Kostin Estate

In Docket No. 272767, respondent Camille A. Kent appeals as of right the probate court's judgment and order following a bench trial, interpreting a will and trust, determining heirs and devisees, and determining title to property after decedent Juanita Kostin's death in 2004. ...

In re Nestorovski Estate

723 Payne, Broder & Fossee (by Andrew J. Broder) and Underwood & March (by Lauren M. Underwood), Bingham Farms, for the petitioner. ... Kemp Klein Law Firm, PC (by Alan A. May and Debra Nance), Troy, for the respondent. ... Before: SAAD, CJ, and BORRELLO and ...

In re Rudell Estate

During her lifetime, the decedent owned a certain parcel of residential real property located at 1170 Chesterfield in Birmingham, Michigan (the property). In 1982, the decedent properly transferred ownership of the property to the trust. According to the complaint filed in this matter, the ...

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Livonia Estate Lawyer, Michigan, page 4

Sponsored Law Firm

Thav, Ryke and Associates, Attorneys at Law

SPONSORED LAWYERS

Jason Peter Wapiennik

Gerald A. Bagazinski

Jaspinder Singh Sachdev

Linda G. Anderson

Raymond K. Waldo

Richard T. Graham

William C. Fried

James P. Frederick

Roman J. Ficaj

Carole S. Empey

TIPS

LEGAL TERMS

ESTATE TAXES

EXEMPTION TRUST

CONSERVATOR

ADMINISTRATION (OF AN ESTATE)

ACCUMULATION TRUST

EXECUTOR

PERSONAL PROPERTY

FINAL BENEFICIARY

SURVIVING SPOUSE'S TRUST

SAMPLE LEGAL CASES

In re Kostin Estate

In re Nestorovski Estate

In re Rudell Estate

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