Thompsonville Estate 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
We Have Your Back

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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Ingrid M. Andrews

Estate Planning

Status: In Good Standing Licensed: 31 Years

CONTACT

Interlochen, MI 49643

John B. Daugherty

Real Estate, Estate Planning, Child Custody, Criminal

Status: In Good Standing

CONTACT

249 S Benzie Blvd, Beulah, MI 49617

Catherine L. Wolfe

Divorce & Family Law, Estate Planning, Real Estate

Status: In Good Standing

CONTACT

Honor, MI 49640

Stephen J. Schoenow

Real Estate, Estate Planning, Environmental Law

Status: In Good Standing Licensed: 25 Years

CONTACT

1329 Blackford Blvd, Interlochen, MI 49643

Jeffrey J. Mcmanus

Other, Real Estate, Estate Planning, Estate

Status: In Good Standing

CONTACT

1243 Mulberry Dr, Traverse City, MI 49685

Miles C. Gerberding

Tax, Estate Planning, Elder Law, Business

Status: In Good Standing Licensed: 40 Years

CONTACT

Arcadia, MI 49613

Brian L. Johnson

Estate, Estate Planning, Wills & Probate, Trusts, Real Estate

Status: In Good Standing Licensed: 28 Years

FREE CONSULTATION

CONTACT

Elberta, MI 49628

John E. Baker

Estate Planning, Gift Taxation, Family Law, Real Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

Frankfort, MI 49635

Lawrence I. Mckay

Real Estate, Estate Planning, Estate

Status: In Good Standing Licensed: 50 Years

CONTACT

55 Sunset Dr, Frankfort, MI 49635

Hilary A. Eriksen

Estate, Criminal

Status: Suspended Licensed: 45 Years

CONTACT

7702 Lake St, Bear Lake, MI 49614

800-923-0641

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LEGAL TERMS

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

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.

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.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

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.

SAMPLE LEGAL CASES

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. ...

In re Nestorovski Estate

723 Payne, Broder & Fossee (by Andrew J. Broder) and Underwood & March (by Lauren M. Underwood), Bingham Farms, for the petitioner. ... Kemp Klein Law Firm, PC (by Alan A. May and Debra Nance), Troy, for the respondent. ... Before: SAAD, CJ, and BORRELLO and ...

In re Rudell Estate

During her lifetime, the decedent owned a certain parcel of residential real property located at 1170 Chesterfield in Birmingham, Michigan (the property). In 1982, the decedent properly transferred ownership of the property to the trust. According to the complaint filed in this matter, the ...

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Thompsonville Estate Lawyer, Michigan

Sponsored Law Firm

Dulaney Gibson Law and Advocacy

SPONSORED LAWYERS

Ingrid M. Andrews

John B. Daugherty

Catherine L. Wolfe

Stephen J. Schoenow

Jeffrey J. Mcmanus

Miles C. Gerberding

Brian L. Johnson

John E. Baker

Lawrence I. Mckay

Hilary A. Eriksen

TIPS

LEGAL TERMS

PERSONAL PROPERTY

ENTITY

GENERATION-SKIPPING TRANSFER TAX

PREDECEASED SPOUSE

IN TERROREM

SPRINKLING TRUST

QDOT TRUST

INVESTOR

EXEMPTION TRUST

SAMPLE LEGAL CASES

In re Kostin Estate

In re Nestorovski Estate

In re Rudell Estate

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