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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

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.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

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.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

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.'

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.

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

FAMILY ALLOWANCE

ADMINISTRATION (OF AN ESTATE)

QTIP TRUST

REAL ESTATE AGENT

TRUSTEE

ABSTRACT OF TRUST

INTESTATE

PRETERMITTED HEIR

DISCHARGE (OF PROBATE ADMINISTRATOR)

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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