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Abraham Michelson
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The Michelson Law Office
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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
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Michael A. Cohen

Power of Attorney, Real Estate Other, Estate, Domestic Violence & Neglect, Divorce & Family Law

Status: In Good Standing

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400 Garden City Plaza, Garden City, NY 11530

Jean M. Kestel

Real Estate, Estate, Wills & Probate, Commercial Real Estate

Status: Retired Licensed: 40 Years

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154 Spring Drive, East Meadow, NY 11554

James Martin Gallagher

Consumer Bankruptcy, Wills & Probate, Personal Injury, Real Estate

Status: In Good Standing Licensed: 44 Years

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2249 Derby Road (At Sunrise Highway), Baldwin, NY 11510

Jeffrey M. Rosenblum

Bankruptcy & Debt, Tax, Estate, Lawsuit & Dispute

Status: In Good Standing Licensed: 50 Years

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371 Merrick Road, Rockville Centre, NY 11570

Lois Carter Schlissel

Accident & Injury, Employment, Estate, Lawsuit & Dispute

Status: In Good Standing Licensed: 49 Years

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990 Stewart Avenue, Garden City, NY 11530

Matthew K. Tannenbaum

Landlord-Tenant, Real Estate, Traffic, Wills & Probate

Status: In Good Standing Licensed: 34 Years

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825 East Gate Boulevard, Garden City, NY 11530

Lawrence Neal Berwitz

Estate, Trusts, Elder Law, Power of Attorney, Wills & Probate

Status: In Good Standing Licensed: 45 Years

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310 Old Country Rd, Garden City, NY 11530

Lewis Edelstein

Estate, Family Law, Divorce & Family Law, Elder Law

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300 Garden City Plaza, Garden City, NY 11530

Irwin G. Klein

Estate, Immigration, Criminal, Real Estate, Bankruptcy & Debt

Status: In Good Standing

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825 E Gate Blvd, Garden City, NY 11530

Karl Brodzansky

Accident & Injury, Divorce & Family Law, Estate, Real Estate

Status: In Good Standing Licensed: 42 Years

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585 Stewart Ave, Garden City, NY 11530

800-923-0641

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LEGAL TERMS

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

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.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

CREDIT SHELTER TRUST

See AB trust.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

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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Roosevelt Estate Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Michael A. Cohen

Jean M. Kestel

James Martin Gallagher

Jeffrey M. Rosenblum

Lois Carter Schlissel

Matthew K. Tannenbaum

Lawrence Neal Berwitz

Lewis Edelstein

Irwin G. Klein

Karl Brodzansky

TIPS

LEGAL TERMS

IRREVOCABLE TRUST

DISTRIBUTEE

GROSS ESTATE

PER STIRPES

GRANT DEED

CREDIT SHELTER TRUST

IN TERROREM

GENERATION-SKIPPING TRUST

LIVING TRUST

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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