Detroit Wills & Probate Lawyer, Michigan, page 4

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Includes: Estate Administration, Living Wills, Wills

John J. Donahue III

Estate, Wills & Probate, Elder Law, Bankruptcy & Debt, Divorce & Family Law
Status:  In Good Standing           Licensed:  36 Years

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Michael Caine

Estate, Estate Planning, Real Estate, Wills & Probate
Status:  In Good Standing           Licensed:  23 Years

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Amber Nicole Atkins

Wills & Probate, Estate Planning, Estate, Guardianships & Conservatorships
Status:  In Good Standing           Licensed:  14 Years

K. Alexander

Criminal, Estate, Wills & Probate, Real Estate, Business Organization
Status:  In Good Standing           Licensed:  53 Years

Francis Soave

Wills & Probate, Trusts, Estate Planning, Bankruptcy
Status:  In Good Standing           

Rockwell Thomas Gust

Estate Administration, Trusts, Estate Planning, Estate
Status:  In Good Standing           Licensed:  11 Years

Timothy P. McGlinchey

Wills & Probate, Family Law, Business Organization, Medical Malpractice
Status:  In Good Standing           Licensed:  27 Years

Richard R. Scarfone

Litigation, Wills & Probate, Trusts, Estate Planning
Status:  In Good Standing           Licensed:  49 Years

Sue Ellen Fabian

Wills & Probate, Estate Planning, Consumer Rights, Elder Law
Status:  In Good Standing           Licensed:  23 Years

Janet A. Keenan

Wills & Probate, Trusts, Family Law, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  39 Years

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LEGAL TERMS

KINDRED

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

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)
Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)
A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)
A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)
A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

SURROGATE COURT

See probate court.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

SAMPLE LEGAL CASES

In re Temple Marital Trust

... Wallace Temple, Petitioner-Appellant, v. Clinton Probate Court Ralph Temple and Dean Temple, Respondents-Appellees. Docket No. 273911. ... Petitioner petitioned the probate court to construe the trust as not allowing Clarence to amend it after Florence's death. . . . ...

In re Smith Trust

... The respondent refused to sell the property to the petitioners. The petitioners filed a petition in the Sanilac County Probate Court, seeking to compel the sale of the land pursuant to the lease agreement. ... As a result, the probate court held that no enforceable agreement existed. ...

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. ...