Plymouth Estate Lawyer, Michigan, page 6

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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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Henry D. Kopicko

Estate Planning, Estate, Elder Law, Business

Status: In Good Standing Licensed: 18 Years

CONTACT

499 Leicester St, Plymouth, MI 48170

Edward F. Pletzke

Other, Gift Taxation, Administrative Law, Consumer Bankruptcy

Status: In Good Standing Licensed: 33 Years

CONTACT

47325 Red Oak Dr, Northville, MI 48168

Terry A. Wash

Other, Estate Planning, Estate, Children's Rights

Status: In Good Standing Licensed: 38 Years

CONTACT

Canton, MI 48187

Charles E. Lowe

Estate Planning, Estate

Status: In Good Standing Licensed: 39 Years

CONTACT

905 W Ann Arbor Trl, Plymouth, MI 48170

Walter A. Scherer

Estate Planning, Estate, Criminal, Collection

Status: In Good Standing Licensed: 40 Years

CONTACT

905 W Ann Arbor Trl, Plymouth, MI 48170

Laura M. Walesch

Estate Planning, Estate, Family Law, Divorce, Divorce & Family Law

Status: In Good Standing Licensed: 25 Years

CONTACT

794 S Main St, Plymouth, MI 48170

Matthew W. Delezenne

Lawsuit & Dispute, Estate, Divorce & Family Law, Elder Law

Status: In Good Standing Licensed: 24 Years

CONTACT

1142 S Main St, Plymouth, MI 48170

Arthur A. Pisani

Estate Planning, Estate

Status: In Good Standing Licensed: 36 Years

CONTACT

164 N Main St, Plymouth, MI 48170

Alphonse V. Tabaka

Real Estate, Estate Planning, Labor Law, Family Law

Status: In Good Standing Licensed: 64 Years

CONTACT

40400 Ann Arbor Rd E, Plymouth, MI 48170

Wilfred N. Brunk

Real Estate, Social Security, Estate Planning, Elder Law

Status: In Good Standing Licensed: 37 Years

CONTACT

9376 N Lilley Rd, Plymouth, MI 48170

800-923-0641

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LEGAL TERMS

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

CREDIT SHELTER TRUST

See AB trust.

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.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

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.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

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.

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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Plymouth Estate Lawyer, Michigan, page 6

Sponsored Law Firm

Thav, Ryke and Associates, Attorneys at Law

SPONSORED LAWYERS

Henry D. Kopicko

Edward F. Pletzke

Terry A. Wash

Charles E. Lowe

Walter A. Scherer

Laura M. Walesch

Matthew W. Delezenne

Arthur A. Pisani

Alphonse V. Tabaka

Wilfred N. Brunk

TIPS

LEGAL TERMS

GROSS ESTATE

CREDIT SHELTER TRUST

AB TRUST

LAPSE

INVESTOR

HEIR AT LAW

TAKING AGAINST THE WILL

PRETERMITTED HEIR

QDOT TRUST

SAMPLE LEGAL CASES

In re Kostin Estate

In re Nestorovski Estate

In re Rudell Estate

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