Tioga County, NY Trusts Lawyers

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Abraham Michelson
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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
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Not enough matches for Tioga Trusts lawyer.
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Adam Roberts Schumacher

Other, Government

Status: In Good Standing Licensed: 33 Years

CONTACT

212 Front St, Owego, NY 13827

Betty J. Keene

General Practice

Status: In Good Standing Licensed: 41 Years

CONTACT

443 Fulton St, Waverly, NY 14892

Catharine Turk

General Practice

Status: Suspended Licensed: 74 Years

CONTACT

Owego, NY 13827

Charles P. Ayers

General Practice

Status: Deceased Licensed: 45 Years

CONTACT

20 Sunnyside Drive, Owego, NY 13827

Cheryl Ann Mancini

General Practice

Status: In Good Standing Licensed: 28 Years

CONTACT

20 Court St, Owego, NY 13827

Christopher Joseph Konrad

General Practice

Status: In Good Standing Licensed: 26 Years

CONTACT

1801 State Route 17C, Owego, NY 13827

Dana E. Eischen

General Practice

Status: In Good Standing Licensed: 50 Years

CONTACT

Spencer, NY 14883

Dana Eischen

General Practice

Status: Retired Licensed: 51 Years

CONTACT

Spencer, NY 14883

Deborah Lynn Reynolds

Child Custody

Status: In Good Standing Licensed: 21 Years

CONTACT

2800 Crystal Dr, Waverly, NY 14892

Donald B. Frederick

General Practice

Status: Deceased Licensed: 38 Years

CONTACT

245 Broad St, Waverly, NY 14892

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LEGAL TERMS

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

CREDIT SHELTER TRUST

See AB trust.

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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Tioga County, NY Trusts Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Adam Roberts Schumacher

Betty J. Keene

Catharine Turk

Charles P. Ayers

Cheryl Ann Mancini

Christopher Joseph Konrad

Dana E. Eischen

Dana Eischen

Deborah Lynn Reynolds

Donald B. Frederick

TIPS

LEGAL TERMS

TESTAMENTARY TRUST

RESIDUARY BENEFICIARY

POUR-OVER WILL

WILL

SURVIVING SPOUSE'S TRUST

PER STIRPES

ESTATE TAXES

TRUST DEED

CREDIT SHELTER TRUST

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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