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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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Amy Lisa Cohen

Lawsuit & Dispute, Estate

Status: Licensed: 28 Years

CONTACT

6 Tower Pl, Albany, NY 12203

Anne Reynolds Copps

Real Estate, Estate, Adoption, Divorce & Family Law

Status: Licensed: 43 Years

CONTACT

1 Marcus Blvd, Albany, NY 12205

Anne R. Copps

Estate, Divorce & Family Law

Status:

CONTACT

1 Marcus Blvd, Albany, NY 12205

Anne Elizabeth Barschall

Intellectual Property, Wills & Probate

Status: Licensed: 41 Years

CONTACT

6283 Johnston Rd, Albany, NY 12203

Anne-Jo Pennock McTague

Estate Administration, Employment Discrimination, Discrimination, Personal Injury

Status: Licensed: 24 Years

CONTACT

6 Tower Place, Albany, NY 12203

Anthony J. Amodeo

Real Estate, Estate

Status: Licensed: 41 Years

CONTACT

1826 Western Ave, Albany, NY 12203

Arlene Alice Levinson

Real Estate, Estate, Divorce & Family Law

Status: Licensed: 47 Years

CONTACT

610 State St, Hudson, NY 12534

Bellanca Jean Fletcher

Estate Planning, Family Law, Divorce, Elder Law

Status: Licensed: 31 Years

CONTACT

Feura Bush, NY 12067

Bernhardt Karp

International, Estate, Collection

Status: Licensed: 61 Years

CONTACT

1 Hudson City Ctr, Hudson, NY 12534

Bob Cohen

Real Estate, Estate

Status: Licensed: 36 Years

CONTACT

94 Central Ave, Albany, NY 12206

800-923-0641

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LEGAL TERMS

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

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.

FAMILY POT TRUST

See pot trust.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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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Medusa Estate Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Amy Lisa Cohen

Anne Reynolds Copps

Anne R. Copps

Anne Elizabeth Barschall

Anne-Jo Pennock McTague

Anthony J. Amodeo

Arlene Alice Levinson

Bellanca Jean Fletcher

Bernhardt Karp

Bob Cohen

TIPS

LEGAL TERMS

GRANTOR

TRUST MERGER

SUCCESSOR TRUSTEE

PERSONAL PROPERTY

FUNDING A TRUST

SELF-PROVING WILL

DOWER AND CURTESY

FAMILY POT TRUST

EXEMPTION TRUST

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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