Pompey Estate Planning Lawyer, New York, page 2

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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.
3. Practice AreasServices
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Includes: Gift Taxation

Mary Catherine King

Commercial Real Estate, Estate Planning, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 20 Years

CONTACT

100 Madison St, Syracuse, NY 13202

Ryan Thomas Emery

Commercial Real Estate, Immigration, Estate Planning, Consumer Rights

Status: In Good Standing

CONTACT

440 S Warren St, Syracuse, NY 13202

Patrick Anthony Langan

Real Estate, Estate Administration, Estate Planning, Criminal, Business Organization

Status: In Good Standing Licensed: 8 Years

CONTACT

892 E Brighton Ave, Syracuse, NY 13205

Kayla Claire Champagne

Estate Administration, Trusts, Estate Planning, Elder Law, Commercial Real Estate

Status: In Good Standing

CONTACT

507 Plum St, Syracuse, NY 13204

Laurie Colton Oliver

Intellectual Property, Estate Planning, Business

Status: In Good Standing Licensed: 32 Years

CONTACT

224 Harrison St, Syracuse, NY 13202

Ellen Carroll Priest

Commercial Real Estate, Estate Planning

Status: In Good Standing Licensed: 44 Years

CONTACT

333 E Onondaga St, Syracuse, NY 13202

Seth Aaron Fischer

Real Estate, Estate Planning, Divorce, Criminal

Status: In Good Standing Licensed: 40 Years

CONTACT

1117 E Genesee St, Syracuse, NY 13210

Lu Wang

Immigration, Estate Planning, Elder Law, Contract

Status: In Good Standing Licensed: 12 Years

CONTACT

333 W Washington St, Syracuse, NY 13202

Ryan Thomas Emery

Commercial Real Estate, Estate Planning, Estate, Accident & Injury

Status: In Good Standing

CONTACT

440 S Warren St, Syracuse, NY 13202

Todd Sanford Engel

Lawsuit & Dispute, Estate Planning, Estate, Divorce & Family Law

Status: In Good Standing

CONTACT

407 S Warren St, Syracuse, NY 13202

800-923-0641

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LEGAL TERMS

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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.

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.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

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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Pompey Estate Planning Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Mary Catherine King

Ryan Thomas Emery

Patrick Anthony Langan

Kayla Claire Champagne

Laurie Colton Oliver

Ellen Carroll Priest

Seth Aaron Fischer

Lu Wang

Ryan Thomas Emery

Todd Sanford Engel

TIPS

LEGAL TERMS

IRREVOCABLE TRUST

RULE AGAINST PERPETUITIES

TRUSTEE

INHERIT

SWEARING MATCH

SUCCESSOR TRUSTEE

SUCCESSION

TRUST CORPUS

STATUTORY SHARE

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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