New Rochelle Estate Planning Lawyer, New York, page 2

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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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800-824-6431
1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Includes: Gift Taxation

Ian Leslie Polow

Commercial Real Estate, Real Estate, Government, Estate Planning

Status: In Good Standing Licensed: 57 Years

CONTACT

150 Woodlawn Ave, New Rochelle, NY 10804

Rita K. Gilbert

Estate Planning, Elder Law, Corporate

Status: In Good Standing

CONTACT

1843 Palmer Ave, Larchmont, NY 10538

Michael Elazar Shmuel Frankel

Estate Planning

Status: In Good Standing Licensed: 29 Years

CONTACT

318 Cliff Ave, Pelham, NY 10803

Edward Steven Saviano

Income Tax, Corporate Tax, Tax, Gift Taxation

Status: In Good Standing Licensed: 46 Years

CONTACT

2106 Boston Post Road, Larchmont, NY 10538

Michael Abel

International Tax, Wills, Trusts, Estate Planning

Status: In Good Standing Licensed: 18 Years

CONTACT

132 Larchmont Ave, Larchmont, NY 10538

Rita K. Gilbert

Estate Planning

Status: In Good Standing

CONTACT

1843 Palmer Ave, Larchmont, NY 10538

Louis J Maggiotto

Estate Planning, Employment, Corporate, Antitrust

Status: In Good Standing Licensed: 51 Years

CONTACT

111 Kraft Ave, Bronxville, NY 10708

Paul Martin Millman

Commercial Real Estate, Lawsuit & Dispute, International Tax, Estate Planning

Status: In Good Standing Licensed: 44 Years

CONTACT

525 Claflin Ave, Mamaroneck, NY 10543

Garrison Rushmore Corwin

Litigation, Environmental Law Other, Estate Planning

Status: In Good Standing Licensed: 63 Years

CONTACT

100 Mamaroneck Ave, Mamaroneck, NY 10543

Glen T. Oxton

Tax, Dispute Resolution, Immigration, Estate Planning

Status: In Good Standing Licensed: 52 Years

CONTACT

1023 Old White Plains Rd, Mamaroneck, NY 10543

800-923-0641

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LEGAL TERMS

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

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.

DEVISEE

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

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

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.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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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New Rochelle Estate Planning Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Ian Leslie Polow

Rita K. Gilbert

Michael Elazar Shmuel Frankel

Edward Steven Saviano

Michael Abel

Rita K. Gilbert

Louis J Maggiotto

Paul Martin Millman

Garrison Rushmore Corwin

Glen T. Oxton

TIPS

LEGAL TERMS

QTIP TRUST

ENDOWMENT INSURANCE

POUR-OVER WILL

DEVISEE

TAKING AGAINST THE WILL

TRUST MERGER

PROPERTY CONTROL TRUST

SECONDARY MEANING

OFFICER

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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