Stratford 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
Chicago Bankruptcy Lawyer

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

Timothy F Wilkens

Real Estate, Estate Planning, Environmental Law, Family Law

Status: In Good Standing

FREE CONSULTATION

CONTACT

215 State Street, Schenectady, NY 12301

Alison J. Steates

Real Estate, International Tax, Estate Planning, Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

408 Lomond Pl, Utica, NY 13502

Amy Herter Robinson

Education, Immigration, Estate Planning, Wrongful Termination

Status: In Good Standing

CONTACT

1473 Erie Blvd, Schenectady, NY 12305

Brent Alan Frary

Litigation, Estate Planning, Family Law, Corporate

Status: In Good Standing Licensed: 8 Years

CONTACT

1473 Erie Blvd, Schenectady, NY 12305

Brian Joseph Ehrhard

Estate Planning, Family Law, Divorce

Status: In Good Standing Licensed: 16 Years

CONTACT

2219 Genesee St, Utica, NY 13501

Carl S. Dziekan

International Tax, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 39 Years

CONTACT

408 Lomond Pl, Utica, NY 13502

Christopher John Dodd

International, Gift Taxation

Status: Deceased Licensed: 23 Years

CONTACT

1414 State Highway 5-S, Amsterdam, NY 12010

Christopher John Dodd

International, Gift Taxation

Status: Deceased Licensed: 23 Years

CONTACT

1414 State Highway 5-S, Amsterdam, NY 12010

Christopher John Dodd

International, Gift Taxation

Status: Deceased Licensed: 23 Years

CONTACT

1414 State Highway 5-S, Amsterdam, NY 12010

Cristine Cioffi

Tax, Estate Planning, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 46 Years

CONTACT

1473 Erie Blvd, Schenectady, NY 12305

800-923-0641

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LEGAL TERMS

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

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.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

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.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

SUCCESSOR TRUSTEE

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

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

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.

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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Stratford Estate Planning Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Timothy F Wilkens

Alison J. Steates

Amy Herter Robinson

Brent Alan Frary

Brian Joseph Ehrhard

Carl S. Dziekan

Christopher John Dodd

Christopher John Dodd

Christopher John Dodd

Cristine Cioffi

TIPS

LEGAL TERMS

ANCILLARY PROBATE

GRANT DEED

PETITION

SPRINKLING TRUST

ACCUMULATION TRUST

INHERIT

SUCCESSOR TRUSTEE

RESIDUARY ESTATE

FINAL BENEFICIARY

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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