Sunfield Estate Planning Lawyer, Michigan

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Cortney Gibson
About | Practice Areas
Dulaney Gibson Law and Advocacy
2447 Emerson Ave Bloomfield Hills, MI 48302» view map
Estate Law
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If two heads are better than one, imagine the team WE would make. Simply put...we want your head in the game, too.

800-879-0801
1. Cortney Gibson Bloomfield Hills, MI
  Attorney at Law - MI, 2012
  Thomas M. Cooley Law School J.D.
2. AboutDulaney Gibson Law and Advocacy
  We Have Your Back
3. Practice AreasExpertise
  Estate Law
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Includes: Gift Taxation

Bradley A. Vauter

International Tax, Estate Planning, Elder Law, Civil Rights, Business

Status: In Good Standing Licensed: 41 Years

CONTACT

11963 E Andre Dr, Grand Ledge, MI 48837

Kristin D. Arnett

Dispute Resolution, Estate Planning, Estate, Family Law, Divorce

Status: In Good Standing

CONTACT

316 Taylor St, Grand Ledge, MI 48837

Alphonse B. Dalimonte

Real Estate, Estate Planning, Workers' Compensation, Elder Law

Status: In Good Standing Licensed: 48 Years

CONTACT

450 E Saginaw Hwy, Grand Ledge, MI 48837

Mary Kathryn Mckinley

Estate Planning, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing Licensed: 26 Years

CONTACT

Eagle, MI 48822

Pamela K. O'Berry

Estate Planning, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing Licensed: 24 Years

CONTACT

117 E Scott St, Grand Ledge, MI 48837

William L. Ferrigan

Estate Planning, Wills & Probate, Trusts

Status: In Good Standing Licensed: 48 Years

CONTACT

11781 W Herbison Road, Eagle, MI 48822

Brittany Danielle Catterick

Estate Planning, Estate

Status: In Good Standing Licensed: 14 Years

CONTACT

912 6Th Ave, Lake Odessa, MI 48849

James L. Banks

Other, Real Estate, Estate Planning, Elder Law

Status: In Good Standing Licensed: 55 Years

CONTACT

Lake Odessa, MI 48849

Michele L. Halloran

Tax, Gift Taxation

Status: In Good Standing

CONTACT

10850 Canterbury Ln, Grand Ledge, MI 48837

Marvin L. Bromley

Estate Planning

Status: In Good Standing Licensed: 50 Years

CONTACT

11749 Millstone Dr, Grand Ledge, MI 48837

800-923-0641

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LEGAL TERMS

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

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.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

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.

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.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

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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Sunfield Estate Planning Lawyer, Michigan

Sponsored Law Firm

Dulaney Gibson Law and Advocacy

SPONSORED LAWYERS

Bradley A. Vauter

Kristin D. Arnett

Alphonse B. Dalimonte

Mary Kathryn Mckinley

Pamela K. O'Berry

William L. Ferrigan

Brittany Danielle Catterick

James L. Banks

Michele L. Halloran

Marvin L. Bromley

TIPS

LEGAL TERMS

SPECIFIC BEQUEST

INTESTATE

AB TRUST

DISINHERIT

FINAL BENEFICIARY

SUCCESSION

SPRINKLING TRUST

REAL ESTATE AGENT

NONPROBATE

SAMPLE LEGAL CASES

IN RE ESTATE OF SOUTHWORTH

IN RE HAYES

Charfoos v. Schultz

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