Northville Estate Planning Lawyer, Michigan, page 5

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Jamie R. Ryke
About | Practice Areas
Thav, Ryke and Associates, Attorneys at Law
24725 W 12 Mile Rd Suite 110 Southfield, MI 48034» view map
Estate Law
Lawyers Who Treat You Like Family

We have achieved a reputation for solving complex probate matters and as a result, practice and have clients throughout the great state of Michigan.

800-707-6901
1. Jamie R. Ryke Southfield, MI
  Attorney at Law - MI, 1997
  St. Thomas University J.D. 1996
2. AboutThav, Ryke and Associates, Attorneys at Law
  Lawyers Who Treat You Like Family
3. Practice AreasExpertise
  Estate Law
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Includes: Gift Taxation

James H. Loree

Estate Planning, Estate

Status: In Good Standing Licensed: 63 Years

CONTACT

19436 Cardene Ct, Northville, MI 48167

Henry D. Kopicko

Estate Planning, Estate, Elder Law, Business

Status: In Good Standing Licensed: 18 Years

CONTACT

499 Leicester St, Plymouth, MI 48170

Kari Louise Orlandoni

Lawsuit & Dispute, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 18 Years

CONTACT

15898 Portis Rd, Northville, MI 48168

Gary Ford Allen

Patent, Estate Planning, Elder Law, Credit & Debt, Real Estate Other

Status: In Good Standing

CONTACT

41700 6 Mile Rd, Northville, MI 48168

Christopher Jon Moell

Corporate, Business, Estate Planning

Status: In Good Standing Licensed: 28 Years

CONTACT

51308 W Hills Dr, Plymouth, MI 48170

Heather A. Northcott

Estate Planning, Estate

Status: In Good Standing Licensed: 20 Years

CONTACT

51308 W Hills Dr, Plymouth, MI 48170

William S. Pearson

Litigation, Estate Planning, Labor Law, Elder Law

Status: In Good Standing Licensed: 39 Years

CONTACT

21355 Meadowbrook Rd, Novi, MI 48375

Jennifer J. Troyer

Tax, Gift Taxation

Status: In Good Standing Licensed: 25 Years

CONTACT

Plymouth, MI 48170

Roxanne J. Chang

Dispute Resolution, Lawsuit & Dispute, Estate Planning, Elder Law

Status: In Good Standing Licensed: 22 Years

CONTACT

Plymouth, MI 48170

Caleb Christopher Sheng

Divorce, Estate Planning

Status: In Good Standing Licensed: 16 Years

CONTACT

41065 Ann Arbor Rd E, Plymouth, MI 48170

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.

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.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

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.

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.'

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

FAMILY POT TRUST

See pot trust.

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.

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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Northville Estate Planning Lawyer, Michigan, page 5

Sponsored Law Firm

Thav, Ryke and Associates, Attorneys at Law

SPONSORED LAWYERS

James H. Loree

Henry D. Kopicko

Kari Louise Orlandoni

Gary Ford Allen

Christopher Jon Moell

Heather A. Northcott

William S. Pearson

Jennifer J. Troyer

Roxanne J. Chang

Caleb Christopher Sheng

TIPS

LEGAL TERMS

AUGMENTED ESTATE

ENDOWMENT INSURANCE

WILL

ABATEMENT

LIVING TRUST

TRUST CORPUS

DOWER AND CURTESY

FAMILY POT TRUST

ENTITY

SAMPLE LEGAL CASES

IN RE ESTATE OF SOUTHWORTH

IN RE HAYES

Charfoos v. Schultz

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