Higgins Lake Trusts 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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Troy B. Daniel

Trusts, Divorce, Contract, Credit & Debt

Status: In Good Standing Licensed: 28 Years

CONTACT

319 Lake St, Roscommon, MI 48653

James R. Deamud

Foreclosure, Mediation, Trusts, Divorce

Status: In Good Standing Licensed: 51 Years

CONTACT

4419 W Nestel Rd, Houghton Lake, MI 48629

Adam Troy Vernon

Landlord-Tenant, Trusts, Credit & Debt, Juvenile Law

Status: In Good Standing

CONTACT

2373 S I 75 Business Loop, Grayling, MI 49738

David T. McAndrew

Wills & Probate, Trusts, Estate Planning, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

651 Richard Drive, Harrison, MI 48625

Russell J. Hughes

Employee Rights, Social Security, Elder Law, Trusts, Workers' Compensation

Status: In Good Standing Licensed: 56 Years

CONTACT

Rose City, MI 48654

Annette K. Howe

Federal Appellate Practice, Trusts, Family Law, Divorce, Criminal

Status: In Good Standing Licensed: 20 Years

CONTACT

225 W Main St, Harrison, MI 48625

Izak J. Post

Landlord-Tenant, Federal Appellate Practice, Trusts, Family Law, Bankruptcy

Status: In Good Standing Licensed: 11 Years

CONTACT

195 S Main St, Harrison, MI 48625

Douglas A Jacobson

Real Estate, Trusts, Criminal, Corporate

Status: In Good Standing Licensed: 47 Years

CONTACT

348 W Cedar Ave, Gladwin, MI 48624

Larry James Brown

Juvenile Law, Trusts, Divorce, Contract, Estate

Status: In Good Standing

CONTACT

440 W Main St, Gaylord, MI 49735

Katherine E Mott

Arbitration, Trusts, Civil Rights, Securities

Status: In Good Standing Licensed: 14 Years

CONTACT

145 N Otsego Ave, Gaylord, MI 49735

800-923-0641

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LEGAL TERMS

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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.

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.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

MARITAL LIFE ESTATE TRUST

See AB trust.

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, Â§ 29(c), pp. ...

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Higgins Lake Trusts Lawyer, Michigan

Sponsored Law Firm

Dulaney Gibson Law and Advocacy

SPONSORED LAWYERS

Troy B. Daniel

James R. Deamud

Adam Troy Vernon

David T. McAndrew

Russell J. Hughes

Annette K. Howe

Izak J. Post

Douglas A Jacobson

Larry James Brown

Katherine E Mott

TIPS

LEGAL TERMS

AUGMENTED ESTATE

NONPROBATE

RULE AGAINST PERPETUITIES

LIFE BENEFICIARY

FAMILY ALLOWANCE

GENERATION-SKIPPING TRUST

ABATEMENT

PROBATE

MARITAL LIFE ESTATE TRUST

SAMPLE LEGAL CASES

In re Kostin Estate

In re Temple Marital Trust

In re Mary E. Griffin Revocable Grantor Trust

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