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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Leclair L. Flaherty

Landlord-Tenant, Trusts, Guardianships & Conservatorships, Contract

Status: Licensed: 33 Years

CONTACT

31500 Northwestern Hwy, Farmington, MI 48334

Thomas S. Leven

Real Estate, Trusts, Insurance, Personal Injury

Status:

CONTACT

30833 Northwestern Hwy, Farmington, MI 48334

Paul A. Nida

Trusts, Family Medical Leave Act (FMLA), Contract, Collection

Status: Licensed: 61 Years

CONTACT

30833 Northwestern Hwy, Farmington, MI 48334

Blake P. Lipman

Landlord-Tenant, Litigation, Trusts, Divorce, Contract

Status:

CONTACT

32871 Middlebelt Rd, Farmington, MI 48334

Marjorie L. Kolin

Litigation, Trusts, Family Law, Contract

Status: Licensed: 39 Years

CONTACT

31555 W 14 Mile Rd, Farmington, MI 48334

Robert J. Kull

Trusts, Elder Law, Contract, Credit & Debt, Estate

Status: Licensed: 29 Years

CONTACT

37000 Grand River Ave, Farmington, MI 48335

Patricia Kefalas Dudek

Estate Planning, Elder Law, Administrative Law, Social Security -- Disability, Trusts

Status: Licensed: 33 Years

CONTACT

30445 Northwestern Hwy, Farmington, MI 48334

Joseph Walter Kampman

Tax, International Tax, Estate Planning, Estate, Trusts

Status: Licensed: 52 Years

CONTACT

37700 River Bnd, Farmington, MI 48335

Brian Stephen Schick

Contract, Elder Law, Trusts, Tax, Guardianships & Conservatorships

Status: Licensed: 35 Years

CONTACT

37887 W 12 Mile Rd, Farmington, MI 48331

Matthew Alan Ferrara

Trusts, Estate Planning, Elder Law, Contract

Status:

CONTACT

32300 Northwestern Hwy, Farmington, MI 48334

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LEGAL TERMS

KINDRED

Under some state's probate codes, all relatives of a deceased person.

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.

PUBLISHED WORK

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public o... (more...)

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public on an unrestricted basis. It is thus possible to display a work, or distribute it with restrictions on disclosure of its contents, without actually 'publishing' it. Both published and unpublished works are entitled to copyright protection, but some of the rules differ.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

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.

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.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

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

Leclair L. Flaherty

Thomas S. Leven

Paul A. Nida

Blake P. Lipman

Marjorie L. Kolin

Robert J. Kull

Patricia Kefalas Dudek

Joseph Walter Kampman

Brian Stephen Schick

Matthew Alan Ferrara

TIPS

LEGAL TERMS

KINDRED

FINAL BENEFICIARY

PUBLISHED WORK

QTIP TRUST

GRANT DEED

GENERATION-SKIPPING TRUST

PER CAPITA

GRANTOR

CONTINGENT BENEFICIARY

SAMPLE LEGAL CASES

In re Kostin Estate

In re Temple Marital Trust

In re Mary E. Griffin Revocable Grantor Trust

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