East Elmhurst Estate Planning Lawyer, New York, page 3

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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

Paul Richard Karan

Estate Planning, Living Wills, Trusts, Litigation

Status: Licensed: 64 Years

CONTACT

425 Park Ave, New York, NY 10022

Mark Gerard Holden

International Tax, Wills, Estate Planning, Estate

Status: Licensed: 21 Years

CONTACT

430 Park Ave, New York, NY 10022

Sarah Catherine Mary Richards

Gift Taxation, Employee Rights, Employment

Status: Licensed: 28 Years

CONTACT

777 3Rd Ave, New York, NY 10017

William A Morgan

Gift Taxation

Status: Licensed: 24 Years

CONTACT

501 E 78 St, New York, NY 10075

Martin Ira Siroka

Real Estate, Insurance, Estate Planning

Status: Licensed: 46 Years

CONTACT

399 Park Ave, New York, NY 10022

Samuel H. Laitman

Tax, Estate Planning

Status: Licensed: 60 Years

CONTACT

767 Fifth Avenue, New York, NY 10153

Jasmine Marie Hanif

Public Finance, Trusts, Estate Planning

Status: Licensed: 25 Years

CONTACT

575 Madison Avenue, New York, NY 10022

Beth Diane Tractenberg

Power of Attorney, Lawsuit & Dispute, Communication & Media Law, Estate Planning

Status: Licensed: 37 Years

CONTACT

575 Madison Ave, New York, NY 10022

Jerome Plotner

Commercial Real Estate, Wills, Trusts, Estate Planning

Status: Licensed: 72 Years

CONTACT

14709 88Th Ave, Jamaica, NY 11435

Christina Lehde Weisler

Gift Taxation, Tax

Status: Licensed: 27 Years

CONTACT

208 East 51St Street, New York, NY 10022

800-923-0641

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LEGAL TERMS

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving 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 capita, Julie and the two grandchildren will each take a third. If, on the other hand, 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).

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

FUNDING A TRUST

Transferring ownership of property to a 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.

CERTIFICATION OF TRUST

See abstract of trust.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

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 Elmhurst Estate Planning Lawyer, New York, page 3

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Paul Richard Karan

Mark Gerard Holden

Sarah Catherine Mary Richards

William A Morgan

Martin Ira Siroka

Samuel H. Laitman

Jasmine Marie Hanif

Beth Diane Tractenberg

Jerome Plotner

Christina Lehde Weisler

TIPS

LEGAL TERMS

PER CAPITA

INHERITANCE TAXES

IN TERROREM

DOWER AND CURTESY

FUNDING A TRUST

WILL

CERTIFICATION OF TRUST

OFFICER

LETTERS TESTAMENTARY

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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