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Tricia Terry
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Marrs & Terry, PLLC
6553 Jackson Road Ann Arbor, MI 48103Â» view map
Estate, Criminal Defense, Estate
Personalized, Efficient Counsel

Marrs & Terry, PLLC have been helping individuals face a variety of legal challenges, including bankruptcy, estate planning and administration, and family law.

800-862-7221
1. Tricia Terry Ann Arbor, MI
  Attorney at Law- MI, 1999
  Thomas M. Cooley Law School, J.D.
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Includes: Gift Taxation

Philip J. Curtis

Immigration, Estate Planning, Corporate, Business

Status: In Good Standing Licensed: 54 Years

CONTACT

Jackson, MI 49204

Jennifer M. Kelly

Estate Planning, Estate, Divorce, Felony

Status: In Good Standing Licensed: 32 Years

CONTACT

210 W Franklin St, Jackson, MI 49201

Brad Andrew Brelinski

Real Estate, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 19 Years

CONTACT

120 W Michigan Ave, Jackson, MI 49201

Philip M. Moilanen

Estate Planning, Labor Law, Employee Rights, Contract, Wrongful Death

Status: In Good Standing

CONTACT

404 S. Jackson St., Jackson, MI 49201

Chadwick Alan Perrine

Real Estate, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 17 Years

CONTACT

100 E Michigan Ave, Jackson, MI 49201

Kurt J. Parker

Real Estate, Gift Taxation, Estate Planning, Business

Status: In Good Standing

CONTACT

405 S Jackson St, Jackson, MI 49201

William M. Abbott

Labor Law, Estate Planning, Business, Limited Liability Companies, Power of Attorney

Status: In Good Standing

CONTACT

405 S Jackson St, Jackson, MI 49201

Richard Charles Mills

Trusts, Gift Taxation, Estate Planning, Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

145 S Jackson St, Jackson, MI 49201

Diane M. Rappleye

Estate Planning, Family Law, Native People, Children's Rights

Status: In Good Standing Licensed: 31 Years

CONTACT

312 S Jackson St, Jackson, MI 49201

William A. Thompson

Residential Real Estate, Real Estate, Estate Planning, Estate

Status: In Good Standing Licensed: 56 Years

CONTACT

740 W Michigan Ave, Jackson, MI 49201

800-923-0641

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LEGAL TERMS

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

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.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

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.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

SAMPLE LEGAL CASES

IN RE ESTATE OF SOUTHWORTH

... Margaret Noe. In February 2005, the decedent consulted Noe for estate planning advice. The ... estate plan. The representative offered to meet with the decedent and answer any questions regarding estate planning and the college. Despite ...

IN RE HAYES

... In addition, the survivor may amend or revoke the trust." [Brief at 8, citing Michigan Estate Planning Handbook (Carol J. Karr ed., ICLE 2d ed, 2006), ch 22, Â§ 22.4.]. ... [Michigan Estate Planning Handbook (Carol J. Karr ed., ICLE 2d ed, 2006), ch 22, Â§ 22.4.]. ...

Charfoos v. Schultz

... including trust documents, as in this case. Bullis v Downes, 240 Mich App 462, 468; 612 NW2d 435 (2000) (no distinction made among varieties of modern estate planning tools). Here, the trial court prohibited plaintiffs from ...

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Pleasant Lake Estate Planning Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Philip J. Curtis

Jennifer M. Kelly

Brad Andrew Brelinski

Philip M. Moilanen

Chadwick Alan Perrine

Kurt J. Parker

William M. Abbott

Richard Charles Mills

Diane M. Rappleye

William A. Thompson

TIPS

LEGAL TERMS

INTESTATE SUCCESSION

RESIDUARY BENEFICIARY

GENERATION-SKIPPING TRANSFER TAX

POWER OF APPOINTMENT

SELF-PROVING WILL

WILL

SUCCESSOR TRUSTEE

SUCCESSION

RESIDUARY ESTATE

SAMPLE LEGAL CASES

IN RE ESTATE OF SOUTHWORTH

IN RE HAYES

Charfoos v. Schultz

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