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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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Gary A. Rosa

Wills, Wills & Probate, Trusts, Corporate

Status: In Good Standing

CONTACT

835 Main Street, Margaretville, NY 12455

David Hosse

Banking & Finance, Wills & Probate, Trusts, Power of Attorney

Status: In Good Standing

CONTACT

1002 County Rd 95, North Branch, NY 12766

Bryan Robert Smith

Construction, Litigation, Trusts, Employee Rights

Status: In Good Standing Licensed: 26 Years

CONTACT

11 3Rd St, Deposit, NY 13754

Heidi Horak

Commercial Real Estate, Land Use & Zoning, Wills, Trusts

Status: In Good Standing Licensed: 34 Years

CONTACT

Livingston Manor, NY 12758

S Richard Gross

Reinsurance, Personal Injury, Commercial Real Estate, Trusts

Status: In Good Standing Licensed: 68 Years

CONTACT

9 Maple St, Liberty, NY 12754

Gary Paul Gottlieb

General Practice

Status: In Good Standing Licensed: 39 Years

CONTACT

1966 State Route 52, Liberty, NY 12754

Meredith Leigh Baio

Commercial Real Estate, Residential Real Estate, Wills & Probate, Trusts, Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

1 Ford Ave, Oneonta, NY 13820

Catherine Rose Faughnan

Commercial Real Estate, Trusts, Family Law, Contract

Status: In Good Standing Licensed: 18 Years

CONTACT

12 Ardsley Rd, Binghamton, NY 13904

Catherine Rose Faughnan

Contract, Family Law, Trusts, Commercial Real Estate

Status: In Good Standing

CONTACT

12 Ardsley Rd, Binghamton, NY 13904

John R. Bedosky

Estate, Wills & Probate, Trusts, Elder Law, Non-profit

Status: In Good Standing

CONTACT

700 Security Mutual Building, Binghamton, NY 13901

800-923-0641

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LEGAL TERMS

CERTIFICATION OF TRUST

See abstract of 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.

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.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

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.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

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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Fishs Eddy Trusts Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Gary A. Rosa

David Hosse

Bryan Robert Smith

Heidi Horak

S Richard Gross

Gary Paul Gottlieb

Meredith Leigh Baio

Catherine Rose Faughnan

Catherine Rose Faughnan

John R. Bedosky

TIPS

LEGAL TERMS

CERTIFICATION OF TRUST

INVENTORY

GENERATION-SKIPPING TRUST

SUCCESSION

GROSS ESTATE

ANCILLARY PROBATE

BEQUEATH

SPECIFIC BEQUEST

ADMINISTRATION (OF AN ESTATE)

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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