Sunnyside Trusts Lawyer, New York, page 4

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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
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Alvin Saul Brown

International Tax, Wills, Trusts, Estate Planning

Status: In Good Standing Licensed: 62 Years

CONTACT

575 Madison Ave, New York, NY 10022

Marc Jay Luxemburg

Commercial Real Estate, Landlord-Tenant, Trusts

Status: In Good Standing

CONTACT

845 3Rd Ave, New York, NY 10022

Howard Franklin Sharfstein

Other, Industry Specialties, Trusts, Business

Status: In Good Standing Licensed: 54 Years

CONTACT

919 3Rd Ave, New York, NY 10022

Richard S. Rothberg

Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 54 Years

CONTACT

535 Madison Ave, New York, NY 10022

Martha Gray Billman

International, Government, Trusts, Estate

Status: In Good Standing Licensed: 47 Years

CONTACT

145 E 57Th St, New York, NY 10022

Jonnie Strong

Trusts, Civil & Human Rights

Status: In Good Standing Licensed: 42 Years

CONTACT

535 Madison Ave, New York, NY 10022

Thomas P. Gannon

Trusts, Civil & Human Rights

Status: In Good Standing Licensed: 42 Years

CONTACT

535 Madison Ave, New York, NY 10022

Peter L. Lese

Trusts, Estate, Employment Discrimination, Personal Injury

Status: In Good Standing Licensed: 39 Years

CONTACT

575 Lexington Ave, New York, NY 10022

Darcy M. Katris

Trusts, Estate Planning, Elder Law, Business

Status: In Good Standing Licensed: 39 Years

CONTACT

909 3Rd Ave, New York, NY 10022

Denise Michelle Grant

Real Estate, Trusts, Banking & Finance, Business

Status: In Good Standing Licensed: 35 Years

CONTACT

599 Lexington Ave, New York, NY 10022

800-923-0641

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LEGAL TERMS

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

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.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

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.'

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.

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.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.

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

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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Sunnyside Trusts Lawyer, New York, page 4

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Alvin Saul Brown

Marc Jay Luxemburg

Howard Franklin Sharfstein

Richard S. Rothberg

Martha Gray Billman

Jonnie Strong

Thomas P. Gannon

Peter L. Lese

Darcy M. Katris

Denise Michelle Grant

TIPS

LEGAL TERMS

SWEARING MATCH

PROBATE

CONTINGENT BENEFICIARY

ABSTRACT OF TRUST

RESIDUARY BENEFICIARY

ENDOWMENT INSURANCE

EXEMPTION TRUST

DISTRIBUTEE

FINAL BENEFICIARY

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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