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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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Jacqueline A. Constantino

Wills & Probate, Trusts, Estate Planning, Estate

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CONTACT

3380 Monroe Avenue, Rochester, NY 14618

Lisa C Arrington

Education, Trusts, Pension & Benefits, Elder Law, Health Care

Status: Licensed: 39 Years

CONTACT

100 Chestnut St, Rochester, NY 14604

Scott A. Forsyth

Commercial Real Estate, Wills, Trusts, Estate Planning

Status: Licensed: 48 Years

CONTACT

16 W Main St, Rochester, NY 14614

Martin William O'Toole

Trusts, Estate Planning, Estate, Civil & Human Rights

Status: Licensed: 38 Years

CONTACT

1600 Bausch And Lomb Pl, Rochester, NY 14604

Joshua Brian Beisker

Trusts, Child Custody, Car Accident

Status: Licensed: 20 Years

CONTACT

300 Bausch & Lomb Pl, Rochester, NY 14604

Rita Nischal

Trusts

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CONTACT

300 Bausch & Lomb Place, Rochester, NY 14604

Stephanie T. Seiffert

Lawsuit & Dispute, Trusts, Estate, Business

Status: Licensed: 25 Years

CONTACT

1300 Clinton Square, Rochester, NY 14604

Warren H. Heilbronner

Trusts, Estate, Civil & Human Rights, Bankruptcy

Status:

CONTACT

145 Culver Rd, Rochester, NY 14620

Ralph J. Code

Trusts, Estate Planning, Estate, Business

Status:

CONTACT

145 Culver Rd, Rochester, NY 14620

B Andrew Dutcher

International Tax, Wills, Trusts, Elder Law

Status: Licensed: 49 Years

CONTACT

1399 Monroe Ave, Rochester, NY 14618

800-923-0641

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LEGAL TERMS

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

CREDIT SHELTER TRUST

See AB trust.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

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.

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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Gates Trusts Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jacqueline A. Constantino

Lisa C Arrington

Scott A. Forsyth

Martin William O'Toole

Joshua Brian Beisker

Rita Nischal

Stephanie T. Seiffert

Warren H. Heilbronner

Ralph J. Code

B Andrew Dutcher

TIPS

LEGAL TERMS

TAKING AGAINST THE WILL

CONSERVATOR

ESTATE PLANNING

CREDIT SHELTER TRUST

SECONDARY MEANING

ESTATE TAXES

LIFE BENEFICIARY

RESIDUARY ESTATE

SPECIFIC BEQUEST

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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