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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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Gary A. Rosa

Wills, Wills & Probate, Trusts, Corporate

Status: In Good Standing

CONTACT

835 Main Street, Margaretville, NY 12455

Alexandra Norton Sullivan

Residential Real Estate, Wills, Trusts, Commercial Bankruptcy

Status: In Good Standing Licensed: 9 Years

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80 Exchange St, Binghamton, NY 13901

Angelina Cutrona

Landlord-Tenant, Trusts, Employee Rights, Divorce, Bankruptcy

Status: In Good Standing

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46 Front St, Binghamton, NY 13905

Bryan Robert Smith

Construction, Litigation, Trusts, Employee Rights

Status: In Good Standing Licensed: 26 Years

CONTACT

11 3Rd St, Deposit, NY 13754

Catherine Rose Faughnan

Commercial Real Estate, Trusts, Family Law, Contract

Status: In Good Standing Licensed: 18 Years

CONTACT

12 Ardsley Rd, Binghamton, NY 13904

Catherine Rose Faughnan

Contract, Family Law, Trusts, Commercial Real Estate

Status: In Good Standing

CONTACT

12 Ardsley Rd, Binghamton, NY 13904

Charles H Knull

Intellectual Property, Federal, Trusts, Criminal

Status: In Good Standing

CONTACT

25 Railroad Avenue, Cooperstown, NY 13326

David Hosse

Banking & Finance, Wills & Probate, Trusts, Power of Attorney

Status: In Good Standing

CONTACT

1002 County Rd 95, North Branch, NY 12766

Debra Jean Cohn

Trusts, Divorce, Divorce & Family Law, Elder Law

Status: In Good Standing Licensed: 17 Years

CONTACT

68 Oak St, Binghamton, NY 13905

Erin Alisha Cummings

Estate, Wills & Probate, Trusts

Status: In Good Standing Licensed: 16 Years

CONTACT

700 Security Mutual Building, Binghamton, NY 13901

800-923-0641

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LEGAL TERMS

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

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.'

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.

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.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

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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Walton Trusts Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Gary A. Rosa

Alexandra Norton Sullivan

Angelina Cutrona

Bryan Robert Smith

Catherine Rose Faughnan

Catherine Rose Faughnan

Charles H Knull

David Hosse

Debra Jean Cohn

Erin Alisha Cummings

TIPS

LEGAL TERMS

PROPERTY CONTROL TRUST

LIVING TRUST

GRANT DEED

RESIDUARY ESTATE

REMAINDERMAN

LETTERS TESTAMENTARY

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

WILL

INTER VIVOS TRUST

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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