Millbrook Estate Planning Lawyer, New York

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Abraham Michelson
About | Practice Areas
The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
Bankruptcy, Chapter 7, Chapter 13
Chicago Bankruptcy Lawyer

When your finances are at stake, choose the best. Don't sink deeper in debt. Contact The Michelson Law Office

800-824-6431
1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
  Our legal team can advise you on your options for negotiating a solution.
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Includes: Gift Taxation

Gerald A. Vergilis

Commercial Real Estate, Estate Planning, Criminal, Corporate

Status: In Good Standing

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1136 Route 9, Wappingers Falls, NY 12590

John W. Cobb

Bankruptcy, Contract, Criminal, Estate Planning

Status: In Good Standing

FREE CONSULTATION

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724 Broadway, Newburgh, NY 12550

Michel P. Haggerty

Real Estate, Wills & Probate, Estate Planning, Elder Law

Status: In Good Standing

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6367 Mill Street, Rhinebeck, NY 12572

Thomas E. Dietz

Real Estate, Trusts, Estate Planning, Family Law

Status: In Good Standing

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2 Cannon Street, Poughkeepsie, NY 12601

Bernadette M. Davidson

Divorce & Family Law, Residential Real Estate, Estate Planning

Status: In Good Standing Licensed: 24 Years

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42 Catharine Street, Poughkeepsie, NY 12601

Daniel Nikon Price

International, Gift Taxation, Tax

Status: In Good Standing Licensed: 22 Years

CONTACT

2891 Route 22, Patterson, NY 12563

David A. Rubel

Social Security -- Disability, Estate Planning, DUI-DWI, Divorce, Landlord-Tenant

Status: In Good Standing Licensed: 13 Years

FREE CONSULTATION

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621 Route 52, Beacon, NY 12508

Donald J. Scialabba

Health Care, Estate Planning, Child Custody, Medical Malpractice

Status: In Good Standing Licensed: 44 Years

CONTACT

995 Main St, Fishkill, NY 12524

Douglas Frederick Wicks

Wills & Probate, Residential Real Estate, Estate Planning

Status: In Good Standing Licensed: 58 Years

CONTACT

7405 S Broadway, Red Hook, NY 12571

Edmund Arthur Kavanagh

Estate Planning, Family Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 54 Years

CONTACT

255 Fair St, Kingston, NY 12402

800-923-0641

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LEGAL TERMS

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

SAMPLE LEGAL CASES

Schneider v. Finmann

... maintain an action for legal malpractice. We now reverse and reinstate plaintiff's claim. Strict privity, as applied in the context of estate planning malpractice actions, is a minority rule in the United States. [1] In New York, a third ...

Fielding v. Kupferman

... The documents at issue in Bishop were estate planning instruments executed by the plaintiff who believed that he was giving his wife a life estate and was not limiting his access to his life savings (Bishop, 33 AD3d 497, 501 [2006], affd 9 NY3d 910 [2007]). ...

Kram Knarf, LLC v. Djonovic

... The client's malpractice complaint was silent as to how the attorneys misled him, what they failed to explain to him concerning the estate planning documents he executed, and which of his instructions those documents did not reflect (33 AD3d at 498-499). ...

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Millbrook Estate Planning Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Gerald A. Vergilis

John W. Cobb

Michel P. Haggerty

Thomas E. Dietz

Bernadette M. Davidson

Daniel Nikon Price

David A. Rubel

Donald J. Scialabba

Douglas Frederick Wicks

Edmund Arthur Kavanagh

TIPS

LEGAL TERMS

IN TERROREM

INHERITANCE TAXES

EXEMPTION TRUST

PROVING A WILL

MINERAL RIGHTS

HOLOGRAPHIC WILL

WARRANTY DEED

REAL ESTATE AGENT

INHERIT

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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