Valley Falls Estate Lawyer, New York, page 2

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Abraham Michelson
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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Janet M. Thayer

Commercial Real Estate, Estate Administration, Elder Law, Business Organization

Status:

CONTACT

226 Great Oaks Boulevard, Albany, NY 12203

John L. Orfan

Estate Planning, Real Estate, Litigation, Personal Injury

Status:

FREE CONSULTATION

CONTACT

100 Great Oaks Boulevard, Albany, NY 12203

Kennet Scott Bransby

Estate Planning, Family Law, Child Custody, Adoption

Status: Licensed: 20 Years

CONTACT

118 County Route 59, Buskirk, NY 12028

Robert Michael Jacon

Divorce & Family Law, Estate, Real Estate

Status: Licensed: 51 Years

CONTACT

302 Ford Rd, Melrose, NY 12121

Edward Joseph Gorman

Real Estate, Government, Estate

Status: Licensed: 30 Years

CONTACT

Hoosick Falls, NY 12090

Kathleen M. Sheehan

Immigration, Trusts, Child Custody, Criminal

Status: Licensed: 38 Years

CONTACT

615 Park Ave, Ballston Lake, NY 12118

Joseph W. Sheehan

Estate, Business

Status: Licensed: 55 Years

CONTACT

706 Grand St, Ballston Lake, NY 12118

Pamela L. Moore

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

Status: Licensed: 16 Years

CONTACT

751 Hudson Ave., Stillwater, NY 12170

George Howard Holbrook

Estate, Business

Status: Licensed: 64 Years

CONTACT

18 Richmond Ave, Hoosick Falls, NY 12090

Nancy Jeanne Harding

Real Estate, Estate, Divorce & Family Law

Status: Licensed: 27 Years

CONTACT

Cropseyville, NY 12052

800-814-6700

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LEGAL TERMS

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

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.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

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.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

PUBLISHED WORK

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public o... (more...)

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public on an unrestricted basis. It is thus possible to display a work, or distribute it with restrictions on disclosure of its contents, without actually 'publishing' it. Both published and unpublished works are entitled to copyright protection, but some of the rules differ.

CERTIFICATION OF TRUST

See abstract of trust.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

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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Valley Falls Estate Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Janet M. Thayer

John L. Orfan

Kennet Scott Bransby

Robert Michael Jacon

Edward Joseph Gorman

Kathleen M. Sheehan

Joseph W. Sheehan

Pamela L. Moore

George Howard Holbrook

Nancy Jeanne Harding

TIPS

LEGAL TERMS

POWER OF APPOINTMENT

EXEMPTION TRUST

QTIP TRUST

ABATEMENT

PROBATE COURT

GRANTOR

PUBLISHED WORK

CERTIFICATION OF TRUST

INTESTATE SUCCESSION

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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