Islip Estate Planning Lawyer, New York

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Abraham Michelson
About | Practice Areas
The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
Bankruptcy, Chapter 7, Chapter 13
Chicago Bankruptcy Lawyer

When your finances are at stake, choose the best. Don't sink deeper in debt. Contact The Michelson Law Office

800-824-6431
1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
  Our legal team can advise you on your options for negotiating a solution.
3. Practice AreasServices
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Includes: Gift Taxation

Jodi Ann Donato

Family Law, Wills & Probate, Estate Planning

Status: In Good Standing Licensed: 32 Years

CONTACT

136 W Main St, East Islip, NY 11730

Robert Anthony Macedonio

Estate Planning, Divorce, Criminal, Commercial Real Estate, Family Law

Status: In Good Standing Licensed: 32 Years

CONTACT

126 Carleton Ave, Islip Terrace, NY 11752

Arthur M. Cromarty

Commercial Real Estate, Land Use & Zoning, Municipal, Estate Planning

Status: In Good Standing

CONTACT

120 Fourth Avenue, Bay Shore, NY 11706

Steven Joseph Cacciola

Estate Planning, Family Law, Criminal, Transactions

Status: In Good Standing Licensed: 13 Years

CONTACT

85 W Main St, Bay Shore, NY 11706

Joseph Imbasciani

Trusts, Commercial Real Estate, Estate Planning, Wills

Status: In Good Standing Licensed: 40 Years

CONTACT

99 E Main St, East Islip, NY 11730

Daniel Walter Nieroda

Estate Planning, Family Law, Business & Trade, Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

320 Carleton Ave, Central Islip, NY 11722

William Arnold Cherno

Estate Planning

Status: In Good Standing Licensed: 45 Years

CONTACT

540 Brooklyn Blvd, Brightwaters, NY 11718

Robert A Macedonio

Estate Planning, Divorce, Criminal, Commercial Real Estate, Family Law

Status: Retired Licensed: 32 Years

CONTACT

115 Carleton Ave, Central Islip, NY 11722

Barbara Maria Pizzolato

Commercial Real Estate, International Tax, Trusts, Estate Planning

Status: In Good Standing

CONTACT

One Suffolk Square, Islandia, NY 11749

Mary Ellen Ellen Divone

Elder Law, Commercial Real Estate, Estate Planning

Status: In Good Standing Licensed: 35 Years

CONTACT

600 Johnson Ave, Bohemia, NY 11716

800-923-0641

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LEGAL TERMS

SURROGATE COURT

See probate court.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

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.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

HEIR APPARENT

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

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.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

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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Islip Estate Planning Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jodi Ann Donato

Robert Anthony Macedonio

Arthur M. Cromarty

Steven Joseph Cacciola

Joseph Imbasciani

Daniel Walter Nieroda

William Arnold Cherno

Robert A Macedonio

Barbara Maria Pizzolato

Mary Ellen Ellen Divone

TIPS

LEGAL TERMS

SURROGATE COURT

REAL ESTATE AGENT

DOWER AND CURTESY

DEVISEE

INHERITANCE TAXES

HEIR APPARENT

RESIDUARY ESTATE

PUBLIC ADMINISTRATOR

BYPASS TRUST

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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