Norwood 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

Not enough matches for Norwood Estate Planning lawyer.
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Francis Peter Cappello

Real Estate, Estate, Business

Status: In Good Standing Licensed: 52 Years

CONTACT

76 Market St, Potsdam, NY 13676

Andrew Christopher Heinegg

Landlord-Tenant, Real Estate, Estate, Business

Status: Suspended Licensed: 48 Years

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75 1/2 Leroy St, Potsdam, NY 13676

Jerry C. Leek

Real Estate, Estate, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 54 Years

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107 S Canton Rd, Potsdam, NY 13676

Daniel Stuart Pease

Real Estate, Immigration, Estate, Bankruptcy

Status: In Good Standing Licensed: 38 Years

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40 Main St, Massena, NY 13662

Eric J. Gustafson

Real Estate, Estate

Status: In Good Standing Licensed: 33 Years

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40 Main St, Massena, NY 13662

Virginia Ann Gettmann

Accident & Injury, Estate, Real Estate, Traffic

Status: In Good Standing Licensed: 24 Years

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40 Main St., Massena, NY 13662

Charles Bradley Nash

Real Estate, Government, Estate, Criminal

Status: In Good Standing Licensed: 51 Years

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113 Main St, Canton, NY 13617

Megan Jean Mccarthy Whitton

Social Security, Estate, Workers' Compensation, Family Law

Status: In Good Standing Licensed: 18 Years

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21 Court St, Canton, NY 13617

Megan Jean Mccarthy Whitton

Lawsuit & Dispute, Intellectual Property, Government, Estate

Status: In Good Standing Licensed: 18 Years

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21 Court St, Canton, NY 13617

Maureen C. Mcgaw

Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 35 Years

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51 Miner St, Canton, NY 13617

800-923-0641

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LEGAL TERMS

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

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.

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.

FAMILY POT TRUST

See pot trust.

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.

NET ESTATE

The value of all property owned at death less liabilities or debts.

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.

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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Norwood Estate Planning Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Francis Peter Cappello

Andrew Christopher Heinegg

Jerry C. Leek

Daniel Stuart Pease

Eric J. Gustafson

Virginia Ann Gettmann

Charles Bradley Nash

Megan Jean Mccarthy Whitton

Megan Jean Mccarthy Whitton

Maureen C. Mcgaw

TIPS

LEGAL TERMS

CERTIFIED COPY

OFFICER

SPRINKLING TRUST

ALTERNATE BENEFICIARY

LAPSE

FAMILY POT TRUST

DISCHARGE (OF PROBATE ADMINISTRATOR)

NET ESTATE

POWER OF APPOINTMENT

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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