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Abraham Michelson
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The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Joseph Imbasciani

Trusts, Commercial Real Estate, Estate Planning, Wills

Status: In Good Standing Licensed: 40 Years

CONTACT

99 E Main St, East Islip, NY 11730

John J. Burke

Elder Law, Trusts, Commercial Real Estate, Federal Trial Practice

Status: In Good Standing Licensed: 23 Years

CONTACT

32 Bogel Rd, Bayport, NY 11705

Guy W. Germano

Real Estate, Government, Trusts, Estate

Status: In Good Standing

CONTACT

4250 Veterans Memorial Hwy, Holbrook, NY 11741

Guy William Germano

Real Estate, Government, Trusts, Business Organization

Status: In Good Standing

CONTACT

4250 Veterans Memorial Hwy, Holbrook, NY 11741

Guy W. Germano

Land Use & Zoning, Public Finance, Trusts, Business Organization

Status: In Good Standing Licensed: 51 Years

CONTACT

4250 Veterans Memorial Hwy, Holbrook, NY 11741

Doris B. Bilotti

Land Use & Zoning, Real Estate, Litigation, Trusts

Status: In Good Standing

CONTACT

4250 Veterans Memorial Highway, Bethpage, NY 11714

Michael H. Fier

Real Estate, Estate, Wills & Probate, Trusts

Status: In Good Standing Licensed: 40 Years

CONTACT

160-2 Remington Blvd, Ronkonkoma, NY 11779

Michael Martin Mcclellan

Tax, Landlord-Tenant, Motor Vehicle, Trusts

Status: In Good Standing Licensed: 36 Years

CONTACT

320 Carleton Ave, Central Islip, NY 11722

Catherine Taylor

Trusts

Status: In Good Standing

CONTACT

Islandia, NY 11749

Barbara Maria Pizzolato

Commercial Real Estate, International Tax, Trusts, Estate Planning

Status: In Good Standing

CONTACT

One Suffolk Square, Islandia, NY 11749

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.

MARITAL LIFE ESTATE TRUST

See AB trust.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

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.'

CREDIT SHELTER TRUST

See AB trust.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

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.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

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.

SAMPLE LEGAL CASES

Tzolis v. Wolff

... Chancellor Walworth applied to a joint stock corporation â€” then a fairly new kind of entity â€” a familiar principle of the law of trusts: that a beneficiary (or "cestui que trust") could bring suit on behalf of a trust when a faithless trustee refused to do so. ...

IN THE MATTER OF DE SANCHEZ

... In 1927, two years before the Great Depression, Elizabeth Laurent de Sanchez, whose family owned a sugar plantation in Cuba, set up seven inter vivos trusts for the benefit of her six childrenâ€”Emilio (two trusts in his name), Jorge, Julio, Marcelo, Maria and Gabriela. ...

Matter of Mergenhagen

... as appealed from is unanimously reversed on the law without costs, 1487 the petitions are granted in part, the termination of trust dated October 10, 1994 is vacated, respondent David M. Mergenhagen is removed as trustee from the 1991 and 1994 irrevocable trusts, he is ...

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Oakdale Trusts Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Joseph Imbasciani

John J. Burke

Guy W. Germano

Guy William Germano

Guy W. Germano

Doris B. Bilotti

Michael H. Fier

Michael Martin Mcclellan

Catherine Taylor

Barbara Maria Pizzolato

TIPS

LEGAL TERMS

GROSS ESTATE

MARITAL LIFE ESTATE TRUST

REMAINDERMAN

PRETERMITTED HEIR

CREDIT SHELTER TRUST

EXECUTOR

DISCHARGE (OF PROBATE ADMINISTRATOR)

CONSERVATOR

SPRINKLING TRUST

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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