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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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Lori J. Perlman

Wills & Probate, Estate Planning, Wills, Trusts

Status: In Good Standing

CONTACT

One Blue Hill Plaza, Pearl River, NY 10965

Barbara H. Cane

Lawsuit, Federal Appellate Practice, Trusts, Estate

Status: In Good Standing

CONTACT

62 Burd St, Nyack, NY 10960

Thomas O'Connell

Real Estate, Trusts, Civil Rights, Business

Status: In Good Standing

CONTACT

144 East Central Ave, Pearl River, NY 10965

Hugh Janow

International Tax, Estate Planning, Trusts

Status: In Good Standing Licensed: 58 Years

CONTACT

1 Blue Hill Plz, Pearl River, NY 10965

R. Spencer Lauterbach

Corporate, Workout, Household Mold, Trusts

Status: In Good Standing

CONTACT

151 North Main Street, New City, NY 10956

Albert J. Kaiser

Wills & Probate, Trusts, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

96 South Broadway, Nyack, NY 10960

Robert Sherry Knoebel

Intellectual Property, Trusts, Wills & Probate

Status: In Good Standing Licensed: 34 Years

CONTACT

135 Main St, Nyack, NY 10960

800-923-0641

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LEGAL TERMS

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.

GRANTOR

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

MARITAL LIFE ESTATE TRUST

See AB trust.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

FUNDING A TRUST

Transferring ownership of property to a trust.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

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.

IRREVOCABLE TRUST

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

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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West Nyack Trusts Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Lori J. Perlman

Barbara H. Cane

Thomas O'Connell

Hugh Janow

R. Spencer Lauterbach

Albert J. Kaiser

Robert Sherry Knoebel

TIPS

LEGAL TERMS

EXECUTOR

GRANTOR

MARITAL LIFE ESTATE TRUST

AUGMENTED ESTATE

SPECIAL ADMINISTRATOR

FUNDING A TRUST

INVENTORY

SECONDARY MEANING

IRREVOCABLE TRUST

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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