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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: Estate Administration, Living Wills, Wills

Raymond J. Dague

Wills & Probate, Family Law, Divorce, Constitutional Law, Corporate

Status: In Good Standing

CONTACT

472 South Salina Street, Syracuse, NY 13202

Audrey Lee Flynn

General Practice

Status: In Good Standing Licensed: 9 Years

CONTACT

151 N 2Nd St, Fulton, NY 13069

Terri Conti York

Real Estate, Wills & Probate, Estate Planning, Elder Law

Status: In Good Standing Licensed: 37 Years

CONTACT

3 Henry Beach Drive, Camillus, NY 13031

Jane G. Kuppermann

Civil Rights, Litigation, Personal Injury, Wills & Probate

Status: In Good Standing

CONTACT

308 Maltbie Street, Syracuse, NY 13204

James A. Baker

Real Estate, Wills, DUI-DWI, Constitutional Law

Status: In Good Standing Licensed: 44 Years

CONTACT

1323 State Route 49, Constantia, NY 13044

John S. King

Real Estate, Wills & Probate, Trusts, Consumer Rights

Status: Retired Licensed: 40 Years

CONTACT

507 Plum St, Syracuse, NY 13204

Bethany Lynn Arliss

Traffic, Social Security, Workers' Compensation, Personal Injury, Wills

Status: In Good Standing Licensed: 11 Years

CONTACT

313 E Willow St, Syracuse, NY 13203

Richard Edward Derrick

Traffic, Social Security, Workers' Compensation, Personal Injury, Wills

Status: In Good Standing Licensed: 15 Years

CONTACT

313 E Willow St, Syracuse, NY 13203

Kimberly Anne Slimbaugh

Real Estate Other, Lawsuit, Wills & Probate, Criminal

Status: In Good Standing

CONTACT

313 E Willow St, Syracuse, NY 13203

Scott Richard Phillipson

Immigration, Wills & Probate, Pension & Benefits, Child Custody

Status: In Good Standing Licensed: 20 Years

CONTACT

731 James Street, Syracuse, NY 13201

800-923-0641

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LEGAL TERMS

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

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.

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.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

CURATOR

See conservator.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

CERTIFICATION OF TRUST

See abstract of trust.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

SAMPLE LEGAL CASES

Matter of Colverd

... Spain, J. 972 Decedent died in 2000. Thereafter, petitionerâ€”decedent's unmarried companion of nearly 30 yearsâ€”commenced this proceeding in Surrogate's Court, as named executor, seeking probate of decedent's will. Three ...

MTR OF AMERICAN COMM. v. Dunn

... This appeal requires us to determine the standard applicable to a petition to vacate a probate decree brought by a nonparty to an initial probate proceeding and based upon "newlydiscovered evidence," which allegedly demonstrates that a probated will was procured through ...

Matter of Paigo

... Decedent died in June 2006 and petitioner sought to probate the will. ... Petitioner then moved for summary judgment 838 seeking dismissal of the objections and admitting the will to probate. Concluding that issues of fact existed, Surrogate's Court denied the motion. ...

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Phoenix Wills & Probate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Raymond J. Dague

Audrey Lee Flynn

Terri Conti York

Jane G. Kuppermann

James A. Baker

John S. King

Bethany Lynn Arliss

Richard Edward Derrick

Kimberly Anne Slimbaugh

Scott Richard Phillipson

TIPS

LEGAL TERMS

AB TRUST

SECONDARY MEANING

ENDOWMENT INSURANCE

FINAL BENEFICIARY

CURATOR

RESIDUARY BENEFICIARY

CERTIFICATION OF TRUST

ALTERNATE BENEFICIARY

PROBATE

SAMPLE LEGAL CASES

Matter of Colverd

MTR OF AMERICAN COMM. v. Dunn

Matter of Paigo

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