Livonia Trusts Lawyer, Michigan, page 3

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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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Daniel Lee Weberman

Landlord-Tenant, Trusts, Family Law, Contract

Status: Licensed: 13 Years

CONTACT

30500 Northwestern Hwy, Farmington, MI 48334

Duane L. Reynolds

Landlord-Tenant, Federal Appellate Practice, Trusts, Contract

Status: Licensed: 42 Years

CONTACT

31500 Northwestern Hwy, Farmington, MI 48334

Leclair L. Flaherty

Landlord-Tenant, Trusts, Guardianships & Conservatorships, Contract

Status: Licensed: 33 Years

CONTACT

31500 Northwestern Hwy, Farmington, MI 48334

Donald A. Delong

Tax, Real Estate, Trusts, Contract

Status: Licensed: 40 Years

CONTACT

24800 Denso Dr, Southfield, MI 48033

Matthew Alan Ferrara

Trusts, Estate Planning, Elder Law, Contract

Status:

CONTACT

32300 Northwestern Hwy, Farmington, MI 48334

Dionne Elizabeth Webster-Cox

Other, Trusts, Estate Planning, Criminal

Status: Licensed: 19 Years

CONTACT

24100 Southfield Rd, Southfield, MI 48075

Donna J. Lehl

Mediation, Bankruptcy, Trusts, Bankruptcy & Debt

Status:

CONTACT

24901 Northwestern Highway, Southfield, MI 48075

Hameed Jamal Dakroub

Land Use & Zoning, Health Care Other, Trusts, Contract

Status: Licensed: 11 Years

CONTACT

1 Parklane Blvd, Dearborn, MI 48126

Lauren M. Underwood

Dispute Resolution, Trusts, Estate Planning, Estate

Status: Licensed: 34 Years

CONTACT

30100 Telegraph Rd, Franklin, MI 48025

Blake P. Lipman

Landlord-Tenant, Litigation, Trusts, Divorce, Contract

Status:

CONTACT

32871 Middlebelt Rd, Farmington, MI 48334

800-814-6700

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LEGAL TERMS

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

CURATOR

See conservator.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

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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Livonia Trusts Lawyer, Michigan, page 3

Sponsored Law Firm

Thav, Ryke and Associates, Attorneys at Law

SPONSORED LAWYERS

Daniel Lee Weberman

Duane L. Reynolds

Leclair L. Flaherty

Donald A. Delong

Matthew Alan Ferrara

Dionne Elizabeth Webster-Cox

Donna J. Lehl

Hameed Jamal Dakroub

Lauren M. Underwood

Blake P. Lipman

TIPS

LEGAL TERMS

POUR-OVER WILL

TESTAMENTARY TRUST

CURATOR

TRUST DEED

GENERATION-SKIPPING TRUST

TAKING AGAINST THE WILL

ALTERNATE BENEFICIARY

BENEFICIARY

SUMMARY PROBATE

SAMPLE LEGAL CASES

In re Kostin Estate

In re Temple Marital Trust

In re Mary E. Griffin Revocable Grantor Trust

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