Richmond Estate Planning Lawyer, Michigan, page 4

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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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2. Email
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Includes: Gift Taxation

Robert W. Kirk

Real Estate, Estate Planning, Employee Rights, Business

Status: In Good Standing Licensed: 41 Years

CONTACT

19500 Hall Rd, Clinton Township, MI 48038

Mary Ann Osterbeck

Traffic, Estate Planning, Family Law, Elder Law

Status: In Good Standing Licensed: 34 Years

CONTACT

5775 River Rd, East China, MI 48054

Daniel P. Marsh

Litigation, Estate Planning, Elder Law, Business

Status: In Good Standing Licensed: 33 Years

CONTACT

53700 Van Dyke Ave, Utica, MI 48316

Scott E. Bright

Traffic, Estate Planning, Criminal, Elder Law

Status: In Good Standing Licensed: 44 Years

CONTACT

319 Northbound Gratiot Ave, Mount Clemens, MI 48043

Gregory E. Schultz

Estate Administration, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 39 Years

CONTACT

23323 Lynnhurst St, Macomb, MI 48042

Gillian Blaire Gray

Estate Planning, Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

44080 Cadburry Dr, Clinton Township, MI 48038

Frank E. Henke

Gift Taxation, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 30 Years

CONTACT

45000 River Ridge Dr, Clinton Township, MI 48038

Michael J. Palazzolo

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

Status: In Good Standing Licensed: 9 Years

CONTACT

319 Northbound Gratiot Ave, Mount Clemens, MI 48043

Alan Loncar

Gift Taxation, Estate Planning, Elder Law

Status: In Good Standing Licensed: 15 Years

CONTACT

8679 26 Mile Rd, Washington, MI 48094

Audra B. Woods

Medicare & Medicaid, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing

CONTACT

45700 Village Blvd, Utica, MI 48315

800-923-0641

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LEGAL TERMS

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

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.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving 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 capita, Julie and the two grandchildren will each take a third. If, on the other hand, 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).

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

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.'

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation 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.

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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Richmond Estate Planning Lawyer, Michigan, page 4

Sponsored Law Firm

Thav, Ryke and Associates, Attorneys at Law

SPONSORED LAWYERS

Robert W. Kirk

Mary Ann Osterbeck

Daniel P. Marsh

Scott E. Bright

Gregory E. Schultz

Gillian Blaire Gray

Frank E. Henke

Michael J. Palazzolo

Alan Loncar

Audra B. Woods

TIPS

LEGAL TERMS

SPECIFIC BEQUEST

DISCHARGE (OF PROBATE ADMINISTRATOR)

PER CAPITA

TRUST DEED

LIVING TRUST

BEQUEATH

PROVING A WILL

ACCUMULATION TRUST

FAMILY ALLOWANCE

SAMPLE LEGAL CASES

IN RE ESTATE OF SOUTHWORTH

IN RE HAYES

Charfoos v. Schultz

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