Nyack Estate Planning Lawyer, New York

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Abraham Michelson
About | Practice Areas
The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
Bankruptcy, Chapter 7, Chapter 13
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When your finances are at stake, choose the best. Don't sink deeper in debt. Contact The Michelson Law Office

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

Annmarie Conta

Trusts, Estate Planning, Elder Law

Status: In Good Standing Licensed: 29 Years

CONTACT

6 Darwood Pl, Hartsdale, NY 10530

Philip Maury Maley

Corporate Tax, Tax, Gift Taxation, Estate

Status: In Good Standing Licensed: 61 Years

CONTACT

92 Quail Close, Irvington, NY 10533

Giulia Frasca

Civil Rights, Environmental Law, Estate Planning, Family Law

Status: In Good Standing

CONTACT

90 North Broadway, Irvington, NY 10533

Brian F. Wasser

Tax, Estate Planning, Trusts, Estate, Wills & Probate

Status: In Good Standing Licensed: 42 Years

CONTACT

7 Wilton Cir, New City, NY 10956

David Isaacson

Traffic, Estate Planning, Family Law, DUI-DWI

Status: In Good Standing

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130 N Main St, New City, NY 10956

Ira Michael Emanuel

Real Estate, Municipal, Wills & Probate, Estate Planning

Status: In Good Standing

CONTACT

4 Laurel Rd, New City, NY 10956

Albert James Kaiser

Income Tax, Corporate Tax, Tax, Gift Taxation

Status: In Good Standing Licensed: 40 Years

CONTACT

4 Laurel Rd, New City, NY 10956

Michael A. Koplen

Bankruptcy & Debt, Foreclosure, Estate Planning, Personal Injury, Family Law

Status: In Good Standing Licensed: 43 Years

CONTACT

14 S Main St, New City, NY 10956

Allison E. Rich

Estate Planning, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing Licensed: 13 Years

CONTACT

20 N Broadway, Nyack, NY 10960

Allison Elisabeth Rich

Estate Planning, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing Licensed: 13 Years

CONTACT

20 N Broadway, Nyack, NY 10960

800-923-0641

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LEGAL TERMS

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.

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.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

TITLE COMPANY

A company that issues title insurance.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

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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Nyack Estate Planning Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Annmarie Conta

Philip Maury Maley

Giulia Frasca

Brian F. Wasser

David Isaacson

Ira Michael Emanuel

Albert James Kaiser

Michael A. Koplen

Allison E. Rich

Allison Elisabeth Rich

TIPS

LEGAL TERMS

POUR-OVER WILL

ADEMPTION

CERTIFIED COPY

EXECUTOR

INTESTATE

TITLE COMPANY

KINDRED

ADMINISTRATRIX

NONPROBATE

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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