West Coxsackie Estate Planning Lawyer, New York

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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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800-824-6431
1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Includes: Gift Taxation

Ian L. Crimmins

Estate Planning, Family Law, Criminal, Collection

Status: In Good Standing

FREE CONSULTATION

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18 Park Row, Chatham, NY 12037

James G. Brennan

Real Estate, Wills & Probate, Estate Planning, Elder Law

Status: In Good Standing

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39 North Pearl Street, Albany, NY 12207

James P. Milstein

Criminal, DUI-DWI, Elder Law, Estate Planning

Status: In Good Standing

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293 Washington Avenue, Albany, NY 12206

John L. Orfan

Estate Planning, Real Estate, Litigation, Personal Injury

Status: In Good Standing

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100 Great Oaks Boulevard, Albany, NY 12203

Mark L. Koblenz

Business Organization, Elder Law, Estate Planning, Freedom of Religion

Status: In Good Standing

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20 Corporate Woods Boulevard, Albany, NY 12211

Susan B. Milstein

Farms, Estate Planning, Child Support, Criminal

Status: In Good Standing

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293 Washington Avenue, Albany, NY 12206

Aileen Armas Almonte

Education, Environmental Law Other, Corporate, Business, Estate Planning

Status: In Good Standing

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99 Washington Ave, Albany, NY 12210

Alexandra E. Dobles

Education, Environmental Law Other, Corporate, Business, Estate Planning

Status: In Good Standing

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1 Commerce Plz, Albany, NY 12260

Bellanca Jean Fletcher

Estate Planning, Family Law, Divorce, Elder Law

Status: In Good Standing Licensed: 31 Years

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Feura Bush, NY 12067

Caroline Weekes Trimble Lang

Estate, Real Estate, Estate Planning, Wills & Probate

Status: In Good Standing Licensed: 11 Years

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39 N Pearl St, Albany, NY 12207

800-923-0641

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LEGAL TERMS

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

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.

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.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

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.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

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.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

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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West Coxsackie Estate Planning Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Ian L. Crimmins

James G. Brennan

James P. Milstein

John L. Orfan

Mark L. Koblenz

Susan B. Milstein

Aileen Armas Almonte

Alexandra E. Dobles

Bellanca Jean Fletcher

Caroline Weekes Trimble Lang

TIPS

LEGAL TERMS

GRANTOR

POWER OF APPOINTMENT

WILL

SECONDARY MEANING

TRUST DEED

CREDIT SHELTER TRUST

LIVING TRUST

SWEARING MATCH

CONTINGENT BENEFICIARY

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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