Northport Trusts Lawyer, Michigan

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Lewis G. Gatch

Real Estate, Dispute Resolution, Trusts, Estate, Business
Status:  In Good Standing           Licensed:  30 Years

Agnieszka Jury

Family Law, Trusts, Business, Federal Appellate Practice, Child Custody
Status:  In Good Standing           Licensed:  9 Years

Corinne R. Galusky

Landlord-Tenant, Federal Appellate Practice, Trusts, Estate, Contract
Status:  In Good Standing           Licensed:  24 Years

Stacey Lee Isles

Landlord-Tenant, Trusts, Employee Rights, Contract
Status:  In Good Standing           Licensed:  33 Years

Roy Jay Montney

Construction, Trusts, Contract, Collection
Status:  In Good Standing           Licensed:  33 Years

Kent A. Rozycki

International Tax, Trusts, Contract, Business
Status:  In Good Standing           Licensed:  42 Years

Brendan Michael Bouffard

Trusts, Employee Rights, Divorce, Contract
Status:  In Good Standing           Licensed:  11 Years

Frederick R. Bimber

Landlord-Tenant, Trusts, Employee Rights, Credit & Debt
Status:  In Good Standing           Licensed:  45 Years

Jane M. Gootee Nelson

Mediation, Trusts, Estate Planning, Estate
Status:  In Good Standing           Licensed:  48 Years

Joel D. Wurster

Construction, Trusts, Contract, Collection
Status:  In Good Standing           Licensed:  31 Years

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Free Help: Use This Form or Call 800-943-8690

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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.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)
For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

CREDIT SHELTER TRUST

See AB trust.

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.

INTER VIVOS TRUST

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

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)
An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

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, § 29(c), pp. ...