Grandville Trusts Lawyer, Michigan

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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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Samantha M. Hull

Family Law, Wills, Divorce, Trusts

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29 Pearl NW, Grand Rapids, MI 49503

Ocheiko S. Obande

Trusts, Estate Planning, Insurance, Reorganization

Status: Licensed: 12 Years

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4439 Caspian Dr, Hudsonville, MI 49426

Joel Brent Helder

Trusts, Estate, Family Law, Divorce

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734 Alger St Se, Grand Rapids, MI 49507

Bryan Reeder

Trusts, Family Law, Administrative Law, Bankruptcy

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124 Fulton St E, Grand Rapids, MI 49503

Audra Rose Mcclure

Federal Appellate Practice, Trusts, Family Law, Divorce, Children's Rights

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678 Front Ave Nw, Grand Rapids, MI 49504

Eric R. Post

Commercial Real Estate, Real Estate, Trusts, Business

Status: Licensed: 17 Years

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Grand Rapids, MI 49501

James M. Shade

Landlord-Tenant, International Tax, Trusts, Contract

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250 Monroe Ave NW, Grand Rapids, MI 49503

Michael James Terbeek

Construction, Litigation, Trusts, Contract

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250 Monroe Ave NW, Grand Rapids, MI 49503

Christine Elizabeth Cameron

Trusts, Family Law, Criminal, Licensing

Status: Licensed: 10 Years

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Grand Rapids, MI 49515

Lauretta K. Murphy

International Tax, Trusts, Guardianships & Conservatorships, Elder Law

Status: Licensed: 37 Years

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45 Ottawa Ave Sw, Grand Rapids, MI 49503

800-814-6700

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LEGAL TERMS

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

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.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

CREDIT SHELTER TRUST

See AB trust.

SAMPLE LEGAL CASES

In re Kostin Estate

... We find that, by statute, the trial court was obliged to honor the Totten trusts. Michigan law honors Totten trusts. MCL 487.702 provides, in relevant part: ... Michigan law also provides: Express trusts may be created for any or either of the following purposes: * * *. Fifth. ...

In re Temple Marital Trust

... But appeals from a probate court decision are on the record, not de novo. See MCL 700.1305; MCL 600.866(1); MCR 5.802(B)(1); In re Webb H. Coe Marital and Residuary Trusts, 233 Mich.App. ... In re Coe Trusts, supra; In re Baldwin Trust, supra at 396-397, 733 NW2d 419. ...

In re Mary E. Griffin Revocable Grantor Trust

... Although MCL 700.2518 does not apply to trusts, we conclude that it reflects this state's public policy that a no-contest clause in a trust agreement is unenforceable if there is probable cause for challenging the trust. ... 2 Restatement Trusts, 3d, Â§ 29(c), pp. ...

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Grandville Trusts Lawyer, Michigan

Sponsored Law Firm

Thav, Ryke and Associates, Attorneys at Law

SPONSORED LAWYERS

Samantha M. Hull

Ocheiko S. Obande

Joel Brent Helder

Bryan Reeder

Audra Rose Mcclure

Eric R. Post

James M. Shade

Michael James Terbeek

Christine Elizabeth Cameron

Lauretta K. Murphy

TIPS

LEGAL TERMS

LIVING TRUST

LAPSE

TRUST CORPUS

WILL

MINERAL RIGHTS

ADEMPTION

EXEMPTION TRUST

GRANT DEED

CREDIT SHELTER TRUST

SAMPLE LEGAL CASES

In re Kostin Estate

In re Temple Marital Trust

In re Mary E. Griffin Revocable Grantor Trust

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