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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

Kris Ann Deangelo

Other, Gift Taxation, Estate Planning, Divorce & Family Law

Status: In Good Standing Licensed: 22 Years

CONTACT

7373 Webster Church Rd, Whitmore Lake, MI 48189

Jason B. Negri

Real Estate, Estate Planning, Estate, Elder Law

Status: In Good Standing Licensed: 21 Years

CONTACT

58 Barker Rd, Whitmore Lake, MI 48189

James Gregory Wald

Lawsuit, Estate Planning, Divorce, Bankruptcy

Status: In Good Standing Licensed: 24 Years

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Brighton, MI 48116

Adrienne Beller Knack

Estate Planning, Employee Rights, Elder Law, Business

Status: In Good Standing Licensed: 14 Years

CONTACT

810 E Grand River Ave, Brighton, MI 48116

Kimberly Bowlin

Construction, Wills & Probate, Estate Planning, Business

Status: In Good Standing

CONTACT

10315 Grand River Rd, Brighton, MI 48116

Jennifer Lyn Hansor

Income Tax, Corporate Tax, Gift Taxation, Corporate

Status: In Good Standing Licensed: 19 Years

CONTACT

10869 Winner Cir, Whitmore Lake, MI 48189

John J. Ayaub

Estate Planning, Estate, Tax

Status: In Good Standing Licensed: 41 Years

CONTACT

Brighton, MI 48116

Daniel J. Wholihan

Election & Political, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 13 Years

CONTACT

Brighton, MI 48116

Michael J. Biber

Other, Real Estate, Gift Taxation, Business

Status: In Good Standing Licensed: 54 Years

CONTACT

5332 Arbor Bay Dr, Brighton, MI 48116

Jean M. Ligon

Agriculture, Estate Planning, Divorce, Animal Bite

Status: In Good Standing Licensed: 33 Years

CONTACT

6875 Farley Rd, Pinckney, MI 48169

800-923-0641

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LEGAL TERMS

DEVISEE

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

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

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.

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.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

SUCCESSOR TRUSTEE

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

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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Lakeland Estate Planning Lawyer, Michigan

Sponsored Law Firm

Marrs & Terry, PLLC

SPONSORED LAWYERS

Kris Ann Deangelo

Jason B. Negri

James Gregory Wald

Adrienne Beller Knack

Kimberly Bowlin

Jennifer Lyn Hansor

John J. Ayaub

Daniel J. Wholihan

Michael J. Biber

Jean M. Ligon

TIPS

LEGAL TERMS

DEVISEE

LIVING TRUST

ABSTRACT OF TRUST

QTIP TRUST

IN TERROREM

AB TRUST

HOLOGRAPHIC WILL

INCOMPETENCE

SUCCESSOR TRUSTEE

SAMPLE LEGAL CASES

IN RE ESTATE OF SOUTHWORTH

IN RE HAYES

Charfoos v. Schultz

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