Floral Park Estate Planning Lawyer, New York, page 3

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

Amanda Wolf

Employee Rights, Elder Law, Estate Planning

Status:

CONTACT

114 Old Country Road, Mineola, NY 11501

Jack D. Matza

Estate Planning, Divorce, Elder Law, Personal Injury, Real Estate

Status: Licensed: 45 Years

CONTACT

265 Sunrise Hwy, Rockville Centre, NY 11570

Mary L Rhodes

Real Estate, Estate Planning, Elder Law, Civil & Human Rights

Status: Licensed: 20 Years

CONTACT

3000 Marcus Ave, New Hyde Park, NY 11042

Edward Francis Cunningham

Other, Commercial Real Estate, Federal Appellate Practice, Estate Planning

Status: Licensed: 47 Years

CONTACT

62 Cambridge Ave, Garden City, NY 11530

Leah Scherer

Corporate Tax, Tax, Gift Taxation, Estate

Status: Licensed: 39 Years

CONTACT

1979 Marcus Ave, Great Neck, NY 11042

Michael J. Abatemarco

General Practice

Status: Licensed: 43 Years

CONTACT

46 Wellington Rd, Garden City, NY 11530

Thomas Arthur Etro

General Practice

Status: Licensed: 43 Years

CONTACT

833 Rutgers Rd, Franklin Square, NY 11010

Benedict J. Pollio

Commercial Real Estate, International, Estate Planning, Business

Status: Licensed: 64 Years

CONTACT

1461 Franklin Ave, Garden City, NY 11530

Ann Margaret Carrozza

Estate Planning, Estate, Elder Law, Civil & Human Rights

Status: Licensed: 29 Years

CONTACT

21338 40th Ave, Bayside, NY 11361

Kevin Joseph Harding

Commercial Real Estate, Litigation, Estate Planning, Employment

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CONTACT

1055 Franklin Ave, Garden City, NY 11530

800-814-6700

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LEGAL TERMS

MARITAL LIFE ESTATE TRUST

See AB trust.

PREDECEASED SPOUSE

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

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

NET ESTATE

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

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.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

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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Floral Park Estate Planning Lawyer, New York, page 3

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Amanda Wolf

Jack D. Matza

Mary L Rhodes

Edward Francis Cunningham

Leah Scherer

Michael J. Abatemarco

Thomas Arthur Etro

Benedict J. Pollio

Ann Margaret Carrozza

Kevin Joseph Harding

TIPS

LEGAL TERMS

MARITAL LIFE ESTATE TRUST

PREDECEASED SPOUSE

HEIR APPARENT

ADMINISTRATRIX

LAPSE

NET ESTATE

DOWER AND CURTESY

EXEMPTION TRUST

PROBATE

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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