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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: Estate Administration, Living Wills, Wills

Elliot Scott Schlissel

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Divorce & Family Law, Criminal, Real Estate, Wills & Probate, Bankruptcy & Debt

I am available to help my clients 7 days a week.

The Law Offices of Schlissel DeCorpo is composed of attorneys and paralegals who are caring, dedicated professionals contributing experience and exper... (more)

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800-718-3171

479 Merrick Rd, Lynbrook, NY 11563

Adam Foster Katz

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Estate, Wills & Probate, Tax, Power of Attorney, Business

Katz Law Firm’s founder and managing partner, Adam Katz, is admitted to practice law in New York Supreme Court, Southern District, Eastern District ... (more)

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800-730-7060

77 Spruce Street, Cedarhurst, NY 11516

Mary Honora Colway

Commercial Real Estate, Landlord-Tenant, International Tax, Wills

Status: In Good Standing Licensed: 42 Years

CONTACT

340 Atlantic Ave, East Rockaway, NY 11518

Scott Alan Stone

Landlord-Tenant, International Tax, Government, Wills

Status: In Good Standing Licensed: 32 Years

CONTACT

340 Atlantic Ave, East Rockaway, NY 11518

Michael Andrew Markowitz

Real Estate, Wills & Probate, Contract, Banking & Finance, Car Accident

Status: In Good Standing

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1553 Broadway, Hewlett, NY 11557

Jason Adam Gang

Commercial Real Estate, Wills, Collection

Status: In Good Standing Licensed: 14 Years

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1245 Hewlett Plaza, Hewlett, NY 11557

Joan Lensky Robert

Wills & Probate, Trusts, Estate, Elder Law, Wills & Probate

Status: In Good Standing

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100 Merrick Rd W, Rockville Centre, NY 11570

Jay Robert

Estate, Wills, Trusts, Elder Law, Real Estate

Status: In Good Standing

CONTACT

100 Merrick Road, Rockville Centre, NY 11570

Elizabeth E. Conlin

Real Estate, Wills & Probate, Trusts, Estate

Status: In Good Standing Licensed: 38 Years

CONTACT

100 North Center Avenue, Rockville Centre, NY 11570

Andrew Paul Cooper

Lawsuit & Dispute, Intellectual Property, Health Care, Wills & Probate, Transactions

Status: In Good Standing Licensed: 35 Years

CONTACT

265 Sunrise Highway, Rockville Centre, NY 11570

800-923-0641

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LEGAL TERMS

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

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.'

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

NET ESTATE

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

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.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

FUNDING A TRUST

Transferring ownership of property to a trust.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

SAMPLE LEGAL CASES

Matter of Colverd

... Spain, J. 972 Decedent died in 2000. Thereafter, petitionerâ€”decedent's unmarried companion of nearly 30 yearsâ€”commenced this proceeding in Surrogate's Court, as named executor, seeking probate of decedent's will. Three ...

MTR OF AMERICAN COMM. v. Dunn

... This appeal requires us to determine the standard applicable to a petition to vacate a probate decree brought by a nonparty to an initial probate proceeding and based upon "newlydiscovered evidence," which allegedly demonstrates that a probated will was procured through ...

Matter of Paigo

... Decedent died in June 2006 and petitioner sought to probate the will. ... Petitioner then moved for summary judgment 838 seeking dismissal of the objections and admitting the will to probate. Concluding that issues of fact existed, Surrogate's Court denied the motion. ...

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East Rockaway Wills & Probate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Elliot Scott Schlissel

Adam Foster Katz

Mary Honora Colway

Scott Alan Stone

Michael Andrew Markowitz

Jason Adam Gang

Joan Lensky Robert

Jay Robert

Elizabeth E. Conlin

Andrew Paul Cooper

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LEGAL TERMS

AB TRUST

ABSTRACT OF TRUST

SUCCESSOR TRUSTEE

NET ESTATE

PETITION

PREDECEASED SPOUSE

FUNDING A TRUST

FINAL BENEFICIARY

ADEMPTION

SAMPLE LEGAL CASES

Matter of Colverd

MTR OF AMERICAN COMM. v. Dunn

Matter of Paigo

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