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Abraham Michelson
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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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Racheal Christine Irizarry

Trusts, Business & Trade, Wills, Business

Status: Licensed: 23 Years

CONTACT

636 Girard Ave, East Aurora, NY 14052

James Timothy Embser

Trusts, Estate Planning, Construction, Housing & Urban Development

Status: Licensed: 64 Years

CONTACT

164 N Main St, Wellsville, NY 14895

Francis Robert Vavonese

Estate Planning, Nursing Home, Power of Attorney, Trusts

Status: Licensed: 19 Years

CONTACT

15 Greenwood Drive, Orchard Park, NY 14127

Kameron Kimber Brooks

Tax, Trusts, Estate, Elder Law

Status: Licensed: 47 Years

CONTACT

207 Court St, Little Valley, NY 14755

Andrew C. Hilton III

Real Estate, Trusts, Wills & Probate

Status: Licensed: 40 Years

CONTACT

4063 N Buffalo St, Orchard Park, NY 14127

Howard Eric Berger

Trusts, Employee Rights, Corporate, Personal Injury, Construction

Status: Licensed: 43 Years

CONTACT

3365 Avon Geneseo Rd, Geneseo, NY 14454

Heidi W. Feinberg

Trusts, Estate Planning, Elder Law

Status: Licensed: 22 Years

CONTACT

3407 Rochester Rd, Lakeville, NY 14480

Molly Sanders

General Practice

Status: Licensed: 13 Years

CONTACT

7965 Caswell Rd, Byron, NY 14422

Judy Nicholena Cuzzacrea Wagner

Other, Trusts, Estate, Civil & Human Rights

Status: Licensed: 23 Years

CONTACT

726 Exchange St, Buffalo, NY 14210

Anastacia Suzanne Knapper

Trusts, Estate, Corporate

Status: Licensed: 24 Years

CONTACT

5707 Glen Iris Dr, Clarence Center, NY 14032

800-923-0641

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LEGAL TERMS

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

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.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

NET ESTATE

The value of all property owned at death less liabilities or debts.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

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.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

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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Centerville Trusts Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Racheal Christine Irizarry

James Timothy Embser

Francis Robert Vavonese

Kameron Kimber Brooks

Andrew C. Hilton III

Howard Eric Berger

Heidi W. Feinberg

Molly Sanders

Judy Nicholena Cuzzacrea Wagner

Anastacia Suzanne Knapper

TIPS

LEGAL TERMS

PETITION

AUGMENTED ESTATE

QDOT TRUST

SPENDTHRIFT TRUST

NET ESTATE

INTESTATE SUCCESSION

PER STIRPES

GROSS ESTATE

KINDRED

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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