Hughsonville Trusts Lawyer, New York

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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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Daniel R. Miller

Real Estate, Litigation, Trusts, Bankruptcy & Debt

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Fishkill, NY 12524

Daniel F. Sullivan

Real Estate, Trusts, Employment Discrimination, Banking & Finance

Status: Licensed: 34 Years

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1 Corwin Ct, Newburgh, NY 12550

Elizabeth A. Stradar

Business, Estate Planning, Corporate, Real Estate, Trusts

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One Corwin Court, Newburgh, NY 12550

George F. Stradar

Business, Estate Planning, Corporate, Real Estate, Trusts

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One Corwin Ct, Newburgh, NY 12550

Leo Mcgrath

Estate Planning, Trusts

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1436 Route 52 Fishkill,., Fishkill, NY 12524

Maura A Barrett

Tax, Real Estate, Wills & Probate, Trusts

Status: Licensed: 30 Years

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17 Collegeview Ave, Poughkeepsie, NY 12603

Paul B. Supple

Commercial Real Estate, Wills, Estate, Business, Trusts

Status: Licensed: 36 Years

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5 Cliff St, Beacon, NY 12508

Perry Satz

Real Estate, Criminal, Family Law, Trusts

Status: Licensed: 67 Years

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154 Academy St, Poughkeepsie, NY 12601

Robert B. Dietz

Wills & Probate, Trusts, Estate Planning, Business Organization, Real Estate

Status: Licensed: 57 Years

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319 Mill St, Poughkeepsie, NY 12601

Stewart Parks Glenn

Estate Administration, Wills & Probate, Trusts, Estate Planning

Status: Licensed: 50 Years

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372 S Plank Rd, Newburgh, NY 12550

800-923-0641

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LEGAL TERMS

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

HEIR APPARENT

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

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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Hughsonville Trusts Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Daniel R. Miller

Daniel F. Sullivan

Elizabeth A. Stradar

George F. Stradar

Leo Mcgrath

Maura A Barrett

Paul B. Supple

Perry Satz

Robert B. Dietz

Stewart Parks Glenn

TIPS

LEGAL TERMS

NONPROBATE

DEATH TAXES

ACCUMULATION TRUST

LIVING TRUST

INCOMPETENCE

POWER OF APPOINTMENT

PROVING A WILL

TRUSTEE POWERS

HEIR APPARENT

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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