East Concord Estate Planning Lawyer, New York, page 2

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

Hilary C. Banker

Litigation, Estate Planning, Family Law, Insurance

Status: In Good Standing Licensed: 28 Years

CONTACT

496 Main St, Buffalo, NY 14202

James P Burgio

Litigation, Estate Planning, Family Law, Insurance

Status: In Good Standing Licensed: 50 Years

CONTACT

496 Main St, Buffalo, NY 14202

Steven P. Curvin

Construction, Estate Planning, Family Law, Insurance

Status: In Good Standing Licensed: 45 Years

CONTACT

496 Main St, Buffalo, NY 14202

Stephen E. Cavanaugh

Corporate, Estate Planning, Wills

Status: In Good Standing

CONTACT

350 Main Street, Buffalo, NY 14202

Phillip Brothman

Education, Tax, Estate Planning, Corporate

Status: In Good Standing Licensed: 62 Years

CONTACT

726 Exchange St, Buffalo, NY 14210

Jeffrey F. Voelkl

Landlord-Tenant, Estate Planning, Family Law, Corporate

Status: In Good Standing Licensed: 32 Years

CONTACT

19 S Long St, Buffalo, NY 14221

John P Robshaw

Real Estate, Trusts, Estate Planning, Business Organization

Status: In Good Standing Licensed: 62 Years

CONTACT

5672 Main St, Buffalo, NY 14221

Rebecca Elaine Tavares Chapman

Gaming & Alcohol, Estate Planning, Employment, Business

Status: In Good Standing Licensed: 22 Years

CONTACT

65 Lafayette Blvd, Buffalo, NY 14221

William Carl Meyer

Real Estate, Estate Planning, Estate, Elder Law

Status: In Good Standing Licensed: 29 Years

CONTACT

1925 Kensington Ave, Buffalo, NY 14215

Deborah Muhlbauer

Estate Planning, Tax

Status: In Good Standing

CONTACT

333 International Dr, Buffalo, NY 14221

800-923-0641

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LEGAL TERMS

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.'

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

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.

SURROGATE COURT

See probate court.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

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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East Concord Estate Planning Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Hilary C. Banker

James P Burgio

Steven P. Curvin

Stephen E. Cavanaugh

Phillip Brothman

Jeffrey F. Voelkl

John P Robshaw

Rebecca Elaine Tavares Chapman

William Carl Meyer

Deborah Muhlbauer

TIPS

LEGAL TERMS

LIVING TRUST

FAILURE OF ISSUE

TRUSTEE POWERS

GENERATION-SKIPPING TRUST

WILL

SURROGATE COURT

TRUST MERGER

ABSTRACT OF TRUST

REMAINDERMAN

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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