West Bloomfield Trusts Lawyer, Michigan

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Cortney Gibson
About | Practice Areas
Dulaney Gibson Law and Advocacy
2447 Emerson Ave Bloomfield Hills, MI 48302» view map
Estate Law
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If two heads are better than one, imagine the team WE would make. Simply put...we want your head in the game, too.

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1. Cortney Gibson Bloomfield Hills, MI
  Attorney at Law - MI, 2012
  Thomas M. Cooley Law School J.D.
2. AboutDulaney Gibson Law and Advocacy
  We Have Your Back
3. Practice AreasExpertise
  Estate Law
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Jamie R. Ryke

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Estate, Estate Planning, Wills & Probate, Trusts

A Lawyer Who Treats You Like Family in Your Time of Need

Mr. Ryke is an Estate Lawyer proudly serving Southfield, Michigan and the neighboring communities.

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CONTACT

800-707-6901

24725 W 12 Mile Rd, Southfield, MI 48034

Leslie J. Stein

Real Estate, Trusts, Contract, Credit & Debt

Status: Licensed: 45 Years

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6904 Tamerlane Dr, West Bloomfield, MI 48322

Blake P. Lipman

Landlord-Tenant, Litigation, Trusts, Divorce, Contract

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CONTACT

32871 Middlebelt Rd, Farmington, MI 48334

Matthew Alan Ferrara

Trusts, Estate Planning, Elder Law, Contract

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CONTACT

32300 Northwestern Hwy, Farmington, MI 48334

Frank J. Ellias

Health Care Other, Trusts, Elder Law, Contract

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CONTACT

7091 Orchard Lake Rd, West Bloomfield, MI 48322

Marjorie L. Kolin

Litigation, Trusts, Family Law, Contract

Status: Licensed: 39 Years

CONTACT

31555 W 14 Mile Rd, Farmington, MI 48334

Leclair L. Flaherty

Landlord-Tenant, Trusts, Guardianships & Conservatorships, Contract

Status: Licensed: 33 Years

CONTACT

31500 Northwestern Hwy, Farmington, MI 48334

Duane L. Reynolds

Landlord-Tenant, Federal Appellate Practice, Trusts, Contract

Status: Licensed: 42 Years

CONTACT

31500 Northwestern Hwy, Farmington, MI 48334

Chiara F. Mattieson

Elder Law, Trusts, Estate Planning, Estate

Status: Licensed: 22 Years

CONTACT

800 W Long Lake Rd, Bloomfield Hills, MI 48302

Marc H. Wander

Estate Administration, Trusts, Estate Planning, Bankruptcy

Status: Licensed: 33 Years

CONTACT

2550 S Telegraph Rd, Bloomfield Hills, MI 48302

800-814-6700

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LEGAL TERMS

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

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.

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.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

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.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

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.'

CREDIT SHELTER TRUST

See AB trust.

SAMPLE LEGAL CASES

In re Kostin Estate

... We find that, by statute, the trial court was obliged to honor the Totten trusts. Michigan law honors Totten trusts. MCL 487.702 provides, in relevant part: ... Michigan law also provides: Express trusts may be created for any or either of the following purposes: * * *. Fifth. ...

In re Temple Marital Trust

... But appeals from a probate court decision are on the record, not de novo. See MCL 700.1305; MCL 600.866(1); MCR 5.802(B)(1); In re Webb H. Coe Marital and Residuary Trusts, 233 Mich.App. ... In re Coe Trusts, supra; In re Baldwin Trust, supra at 396-397, 733 NW2d 419. ...

In re Mary E. Griffin Revocable Grantor Trust

... Although MCL 700.2518 does not apply to trusts, we conclude that it reflects this state's public policy that a no-contest clause in a trust agreement is unenforceable if there is probable cause for challenging the trust. ... 2 Restatement Trusts, 3d, Â§ 29(c), pp. ...

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West Bloomfield Trusts Lawyer, Michigan

Sponsored Law Firm

Dulaney Gibson Law and Advocacy

SPONSORED LAWYERS

Jamie R. Ryke

Leslie J. Stein

Blake P. Lipman

Matthew Alan Ferrara

Frank J. Ellias

Marjorie L. Kolin

Leclair L. Flaherty

Duane L. Reynolds

Chiara F. Mattieson

Marc H. Wander

TIPS

LEGAL TERMS

POWER OF APPOINTMENT

AUGMENTED ESTATE

TRUST DEED

GRANTOR RETAINED INCOME TRUST

CHARITABLE TRUST

INVESTOR

ADMINISTRATRIX

LIVING TRUST

CREDIT SHELTER TRUST

SAMPLE LEGAL CASES

In re Kostin Estate

In re Temple Marital Trust

In re Mary E. Griffin Revocable Grantor Trust

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