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Abraham Michelson
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The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
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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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Megan Jean Mccarthy Whitton

Lawsuit & Dispute, Intellectual Property, Government, Estate

Status: In Good Standing Licensed: 18 Years

CONTACT

21 Court St, Canton, NY 13617

Megan Jean Mccarthy Whitton

Social Security, Estate, Workers' Compensation, Family Law

Status: In Good Standing Licensed: 18 Years

CONTACT

21 Court St, Canton, NY 13617

Maureen C. Mcgaw

Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 35 Years

CONTACT

51 Miner St, Canton, NY 13617

Charles Bradley Nash

Real Estate, Government, Estate, Criminal

Status: In Good Standing Licensed: 51 Years

CONTACT

113 Main St, Canton, NY 13617

Arik G. Turner

Tax, International Tax, Gift Taxation

Status: In Good Standing Licensed: 22 Years

CONTACT

3217 County Route 6, Hammond, NY 13646

Richard F Hunter

Real Estate, Litigation, Estate Planning, Family Law

Status: Inactive Licensed: 37 Years

CONTACT

Malone, NY 12953

Matthew Henry Mcardle

Real Estate, Estate, Accident & Injury

Status: In Good Standing Licensed: 22 Years

CONTACT

Malone, NY 12953

David E. Laplant

Real Estate, Government, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 29 Years

CONTACT

Malone, NY 12953

Paul M. Cantwell

Government, Estate, Business

Status: In Good Standing Licensed: 59 Years

CONTACT

14 Elm St, Malone, NY 12953

James Patrick Bessette

Real Estate, Lawsuit & Dispute, Estate, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

Malone, NY 12953

800-923-0641

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LEGAL TERMS

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

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.'

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

HEIR APPARENT

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

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

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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Hannawa Falls Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Megan Jean Mccarthy Whitton

Megan Jean Mccarthy Whitton

Maureen C. Mcgaw

Charles Bradley Nash

Arik G. Turner

Richard F Hunter

Matthew Henry Mcardle

David E. Laplant

Paul M. Cantwell

James Patrick Bessette

TIPS

LEGAL TERMS

GENERATION-SKIPPING TRUST

SPRINKLING TRUST

LIVING TRUST

DISCHARGE (OF PROBATE ADMINISTRATOR)

ADEMPTION

CHARITABLE TRUST

HEIR APPARENT

POUR-OVER WILL

SPECIAL ADMINISTRATOR

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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