Novi Estate Lawyer, Michigan

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Margaret F. Terrasi Lawyer

Margaret F. Terrasi

VERIFIED *Status is reviewed annually. For latest information visit here
Wills & Probate, Divorce & Family Law

Attorney Margaret Terrasi was admitted to the Michigan Bar in 2003 after receiving her Juris Doctor from Thomas M. Cooley Law School. Prior, she atten... (more)

Stephen M. Landau Lawyer

Stephen M. Landau

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Estate, Real Estate, Business, Divorce & Family Law, Lawsuit & Dispute

Stephen Landau is a practicing lawyer in the state of Michigan.

Valenton  Vulaj Lawyer

Valenton Vulaj

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Estate, Accident & Injury, Criminal, Elder Law

Valenton Vulaj is a practicing lawyer in the state of Michigan. Attorney Vulaj received his J.D. from the University of Detroit Mercy in 2000.

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Kenneth A. Thompson Lawyer

Kenneth A. Thompson

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Criminal, Traffic, Juvenile Law, Personal Injury, Estate

Kenneth A. Thompson was born in Michigan in 1980. He grew up in Westland, Michigan with his mother and sister after losing his father to a heart attac... (more)

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800-955-5350

Paul J. Dillon Lawyer

Paul J. Dillon

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Accident & Injury, Bankruptcy & Debt, Divorce & Family Law, Employment, Estate

Paul J. Dillon is the managing partner of the firm. Since 1992, Mr. Dillon maintains specialties in the fields of business law, real estate law, perso... (more)

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734-455-9000

Nick  Balberman Lawyer

Nick Balberman

VERIFIED *Status is reviewed annually. For latest information visit here
Accident & Injury, Criminal, Divorce & Family Law, Bankruptcy & Debt, Estate

Mr. Balberman graduated from the University of Michigan with a degree in Economics in 1978 and was admitted to the State Bar of Michigan in 1983 after... (more)

Thomas J. Borkowski

Estate Planning, Real Estate, Corporate, Corporate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

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Sandra K. Alexander

Real Estate, Estate Planning, Business, Credit & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Patricia Gormely Prince

Family Law, Wills & Probate, Business Organization, Elder Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Marc D. Melamed

Business Organization, Dissolution, Estate Administration, Joint Ventures
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Free Help: Use This Form or Call 800-814-6700

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LEGAL TERMS

LIFE BENEFICIARY

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

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)
Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)
The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)
A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

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.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)
A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

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.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)
Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

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.

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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