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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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David A Roach

Real Estate, Trusts, Estate Planning, Personal Injury

Status: In Good Standing

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115 Green Street, Kingston, NY 12401

Jay W. Swanson

International Tax, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 46 Years

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356 Union Street, Hudson, NY 12534

Theodore Guterman

Education, Tax, Trusts, Estate Planning

Status: In Good Standing Licensed: 53 Years

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21 N 7Th St, Hudson, NY 12534

Stephen W. Dunn

Landlord-Tenant, Litigation, Trusts, Civil Rights

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235 Robinson St, Hudson, NY 12534

Ephie Trataros

Trusts, Family Law, Divorce & Family Law, Elder Law

Status: In Good Standing Licensed: 30 Years

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70 Maiden Ln, Kingston, NY 12401

Patricia Lee Ellison

General Practice

Status: In Good Standing Licensed: 51 Years

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175 Clinton Ave, Kingston, NY 12402

Pamela Drugge Rusk

Wills, Trusts, Estate Planning, Estate, Elder Law

Status: In Good Standing Licensed: 37 Years

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255 Fair St, Kingston, NY 12401

Ephie D. Trataros

Commercial Real Estate, Trusts, Estate Planning, Elder Law

Status: In Good Standing Licensed: 31 Years

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70 Maiden Ln, Kingston, NY 12401

Stephanie Michelle Whidden

Real Estate, Lawsuit & Dispute, Trusts, Estate

Status: In Good Standing Licensed: 40 Years

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West Hurley, NY 12491

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LEGAL TERMS

CERTIFICATION OF TRUST

See abstract of trust.

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.

SUCCESSOR TRUSTEE

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

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

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.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

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.

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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Palenville Trusts Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David A Roach

Jay W. Swanson

Theodore Guterman

Stephen W. Dunn

Ephie Trataros

Patricia Lee Ellison

Pamela Drugge Rusk

Ephie D. Trataros

Stephanie Michelle Whidden

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LEGAL TERMS

CERTIFICATION OF TRUST

TRUSTEE

SUCCESSOR TRUSTEE

SPECIAL ADMINISTRATOR

PROPERTY CONTROL TRUST

ABSTRACT OF TRUST

TRUST DEED

FAMILY ALLOWANCE

SPRINKLING TRUST

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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