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Abraham Michelson
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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
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James F. Misiano

Estate Planning, Personal Injury, Real Estate, Trusts

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510 Broadhollow Road, Melville, NY 11747

Elena Villafane

Family Law, Contract, Trusts, Estate Planning

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One School Street, Glen Cove, NY 11542

Laura G Grossman

Estate Planning, Real Estate, Trusts, Wills

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600 Old Country Road, Room 519, Garden City, NY 11530

Robert Michael Zukor

Real Estate, Estate, Wills & Probate, Trusts

Status: Licensed: 57 Years

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3 Hill And Tree Court, Melville, NY 11747

Marc Stephen Bekerman

Trusts, Estate

Status: Licensed: 32 Years

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Woodbury, NY 11797

Steven J. Goldstein

Commercial Real Estate, Trusts, Estate Planning, Elder Law

Status: Licensed: 45 Years

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100 Crossways Park Dr W, Woodbury, NY 11797

Jamie K Cohen Scher

Visa, Trusts, Consumer Protection

Status: Licensed: 33 Years

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12 Chestnut Ln, Woodbury, NY 11797

Donna M. Stefans

Commercial Real Estate, Trusts, Elder Law, Civil & Human Rights

Status: Licensed: 25 Years

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137 Woodbury Rd, Woodbury, NY 11797

Stephanie Marie Keating

Tax, Trusts, Estate, Pension & Benefits

Status: Licensed: 22 Years

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60 Crossways Park Drive West, Woodbury, NY 11797

Jeffrey Michael Novick

Real Estate, International, Trusts, Business

Status: Licensed: 57 Years

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100 Crossways Park Dr W, Woodbury, NY 11797

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LEGAL TERMS

MARITAL LIFE ESTATE TRUST

See AB trust.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

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.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

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.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

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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Melville Trusts Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

James F. Misiano

Elena Villafane

Laura G Grossman

Robert Michael Zukor

Marc Stephen Bekerman

Steven J. Goldstein

Jamie K Cohen Scher

Donna M. Stefans

Stephanie Marie Keating

Jeffrey Michael Novick

TIPS

LEGAL TERMS

MARITAL LIFE ESTATE TRUST

HEIR AT LAW

GROSS ESTATE

POUR-OVER WILL

INVESTOR

PER STIRPES

TRUST MERGER

WILL

TRUSTEE

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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