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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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A. Stanley Robinson

Business Organization, Estate Planning, Trusts, Tax

Status: In Good Standing

CONTACT

1345 Avenue of the Americas, New York, NY 10105

Russell W Rosen

Estate Planning, Family Law, Corporate, Business Organization

Status: In Good Standing

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1345 Avenue of the Americas, New York, NY 10105

Douglas Alan Penson

Elder Law, Guardianships & Conservatorships, Living Wills, Power of Attorney

Status: In Good Standing

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600 3Rd Avenue, New York, NY 10016

Leonard S Salis

Corporate, Business, Estate Planning, Franchising, Estate

Status: In Good Standing

FREE CONSULTATION

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110 East 59Th Street, New York, NY 10022

James McGarry

Farms, Estate Planning, Family Law, Corporate

Status: In Good Standing

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317 Madison Avenue, New York, NY 10017

Jeffrey H Schneider

Business Organization, Contract, Estate Planning, Family Law

Status: In Good Standing

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600 3Rd Avenue, New York, NY 10016

William J. Cortellessa

Estate Planning, Consumer Protection, Corporate, Collection

Status: In Good Standing

FREE CONSULTATION

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292 Madison Avenue, New York, NY 10017

Lorraine Paceleo

Gift Taxation, Estate Administration, Wills & Probate, Tax

Status: In Good Standing

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600 3Rd Avenue, New York, NY 10016

Tanya Hobson-Williams

Accident & Injury, Estate, Real Estate, Business

Status: In Good Standing Licensed: 29 Years

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87-01 Midland Parkway, Jamaica, NY 11432

Zenith T. Taylor

Divorce & Family Law, Estate, Immigration, Real Estate

Status: In Good Standing Licensed: 32 Years

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11835 Queens Boulevard, Forest Hills, NY 11375

800-923-0641

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LEGAL TERMS

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.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

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.

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.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

In 1986 Markatos Realtors, Inc. (hereinafter Markatos), Rutger's immediate predecessor in interest, along with Brookside Park Properties, Inc., the defendant's predecessor in interest, executed a written indenture providing, among other things, for mutual easements designating 12 ...

Colasacco v. Robert E. Lawrence Real Estate

In October 2002 the defendant Christopher DiCorato, a real estate agent employed by the defendant Robert E. Lawrence Real Estate (hereinafter Lawrence, and hereinafter together the defendants), met with the plaintiffs and showed them a parcel of vacant property that was ...

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

In any event, plaintiff fails, as a matter of law, to demonstrate any injury for which it is entitled to hold defendant sponsors liable. Although the purchase agreement obligated defendant sponsors to provide plaintiff with a building and unit constructed "in a good and workman-like ...

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Jamaica Estate Lawyer, New York, page 7

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

A. Stanley Robinson

Russell W Rosen

Douglas Alan Penson

Leonard S Salis

James McGarry

Jeffrey H Schneider

William J. Cortellessa

Lorraine Paceleo

Tanya Hobson-Williams

Zenith T. Taylor

TIPS

LEGAL TERMS

SUCCESSION

TESTAMENTARY TRUST

ABSTRACT OF TRUST

TRUST CORPUS

LETTERS TESTAMENTARY

ACCUMULATION TRUST

BYPASS TRUST

DISTRIBUTEE

PERSONAL PROPERTY

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

Colasacco v. Robert E. Lawrence Real Estate

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

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