Royal Oak Estate Planning Lawyer, Michigan

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Includes: Gift Taxation

Stacey L. Sanford

Commercial Real Estate, Estate Planning, Employment, Bankruptcy
Status:  In Good Standing           

Glenn A. Diegel

Estate Planning, Merger & Acquisition, Contract, Business Organization
Status:  In Good Standing           

Andrew J. Paluda

Commercial Real Estate, Dental Malpractice, Employment, Estate Planning
Status:  In Good Standing           

Andrew B. Wachler

Mental Health, Estate Planning, Family Law, Administrative Law
Status:  In Good Standing           Licensed:  46 Years

Howard H. Collens

Litigation, Estate Planning, Employee Rights, Elder Law
Status:  In Good Standing           

James M. Duquet

Federal Appellate Practice, Trusts, Estate Planning, Guardianships & Conservatorships, Estate
Status:  In Good Standing           Licensed:  21 Years

Darren M. Findling

Mass Torts, Estate Planning, Workers' Compensation, Elder Law, Wrongful Death
Status:  In Good Standing           

Michael Caine

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

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Regina M. Staudacher

International Tax, Gift Taxation, Merger & Acquisition, Business
Status:  In Good Standing           Licensed:  31 Years

Scott Donovan Skinner

Landlord-Tenant, Estate Planning, Business, Credit & Debt
Status:  In Good Standing           Licensed:  11 Years

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

Member Representative

Call me for fastest results!
800-943-8690

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

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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Easily find Royal Oak Estate Planning Lawyers and Royal Oak Estate Planning Law Firms. For more attorneys, search all Estate areas including Trusts, Wills & Probate and Power of Attorney attorneys.

LEGAL TERMS

CREDIT SHELTER TRUST

See AB trust.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)
Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

FUNDING A TRUST

Transferring ownership of property to a trust.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)
A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)
An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)
Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

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, § 22.4.]. ... [Michigan Estate Planning Handbook (Carol J. Karr ed., ICLE 2d ed, 2006), ch 22, § 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 ...