Richmond County, NY Estate Lawyers, page 2

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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
Chicago Bankruptcy Lawyer

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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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Louis Patrick Lepore

Real Estate, International Tax, Trusts, Elder Law

Status: In Good Standing

CONTACT

885 Huguenot Ave, Staten Island, NY 10312

Louis P Lepore

International Tax, Trusts, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

885 Huguenot Ave, Staten Island, NY 10312

Louis P. Lepore

International Tax, Trusts, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

885 Huguenot Ave, Staten Island, NY 10312

Nathan Anderson

International Tax, Estate Planning, Elder Law, Non-profit

Status: In Good Standing Licensed: 21 Years

CONTACT

412 Delafield Ave, Staten Island, NY 10310

John Yi

Estate, Real Estate, Guardianships & Conservatorships

Status: In Good Standing

CONTACT

One Edgewater Plaza, Staten Island, NY 10305

Ann Marie Pascarella

Trusts, Elder Law, Personal Injury

Status: In Good Standing

CONTACT

3309 Richmond Avenue, Staten Island, NY 10312

David Rosello Gates

Housing & Urban Development, Real Estate, Immigration, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 16 Years

CONTACT

552 Tompkins Ave, Staten Island, NY 10305

Nathan David Anderson

International Tax, Estate Planning, Elder Law, Non-profit

Status: In Good Standing Licensed: 21 Years

CONTACT

412 Delafield Ave, Staten Island, NY 10310

Stefanie L. DeMario-Germershausen

Elder Law, Estate Planning, Wills & Probate, Medicare & Medicaid, Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

60 Bay St Ph, Staten Island, NY 10301

Anthony S. Danna

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

Status: In Good Standing Licensed: 30 Years

CONTACT

406 Forest Ave, Staten Island, NY 10301

800-923-0641

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LEGAL TERMS

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.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

In 1986 Markatos Realtors, Inc. (hereinafter Markatos), Rutger's immediate predecessor in interest, along with Brookside Park Properties, Inc., the defendant's predecessor in interest, executed a written indenture providing, among other things, for mutual easements designating 12 ...

Colasacco v. Robert E. Lawrence Real Estate

In October 2002 the defendant Christopher DiCorato, a real estate agent employed by the defendant Robert E. Lawrence Real Estate (hereinafter Lawrence, and hereinafter together the defendants), met with the plaintiffs and showed them a parcel of vacant property that was ...

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

In any event, plaintiff fails, as a matter of law, to demonstrate any injury for which it is entitled to hold defendant sponsors liable. Although the purchase agreement obligated defendant sponsors to provide plaintiff with a building and unit constructed "in a good and workman-like ...

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Richmond County, NY Estate Lawyers, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Louis Patrick Lepore

Louis P Lepore

Louis P. Lepore

Nathan Anderson

John Yi

Ann Marie Pascarella

David Rosello Gates

Nathan David Anderson

Stefanie L. DeMario-Germershausen

Anthony S. Danna

TIPS

LEGAL TERMS

TRUST DEED

SPENDTHRIFT TRUST

GROSS ESTATE

TESTAMENTARY TRUST

BEQUEATH

PERSONAL PROPERTY

REAL ESTATE AGENT

LIFE BENEFICIARY

PROBATE COURT

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

Colasacco v. Robert E. Lawrence Real Estate

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

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