Yorktown Heights Estate Planning Lawyer, New York

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Abraham Michelson
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The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
Bankruptcy, Chapter 7, Chapter 13
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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
  Our legal team can advise you on your options for negotiating a solution.
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Includes: Gift Taxation

Abigail Demusis Apuzzo

Estate Planning, Litigation, Corporate, Tax

Status: Licensed: 11 Years

CONTACT

1705 Route 9D, Cold Spring, NY 10516

Alexis Rachel Gruttadauria

Visa, Estate Planning, Elder Law, Accident & Injury

Status: Licensed: 10 Years

CONTACT

361 Washington Ave, Pleasantville, NY 10570

Allison Guthrie Fischer

Estate, Estate Planning

Status: Licensed: 27 Years

CONTACT

Cross River, NY 10518

Angela Zagreda Nikci

DUI-DWI, Traffic, Estate Planning, Business

Status:

CONTACT

2117 Crompond Road, Cortlandt Manor, NY 10567

Anthony Craig Markus

Estate Planning, Estate, Divorce, Divorce & Family Law

Status: Licensed: 39 Years

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118 N Bedford Rd, Mount Kisco, NY 10549

Carolyn Ellen Harting

General Practice

Status: Licensed: 41 Years

CONTACT

Bedford, NY 10506

Douglas E. Singer

Trusts, Estate Planning, Corporate, Business, Estate

Status:

CONTACT

55 Smith Ave, Mount Kisco, NY 10549

Eric Christophe Newhart

Tax, Gift Taxation

Status: Licensed: 25 Years

CONTACT

1 Bittersweet Ln, Mount Kisco, NY 10549

Farva Jafri

Bankruptcy & Debt, Tax, Divorce, Estate Planning, White Collar Crime

Status:

FREE CONSULTATION

CONTACT

50 Evergreen Row, Armonk, NY 10504

Fred Joseph Bianco

Criminal, Estate Planning, Wills & Probate, Corporate

Status: Licensed: 62 Years

CONTACT

1200 Brown St, Peekskill, NY 10566

800-923-0641

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LEGAL TERMS

FUNDING A TRUST

Transferring ownership of property to a trust.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

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.

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.'

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

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.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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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Yorktown Heights Estate Planning Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Abigail Demusis Apuzzo

Alexis Rachel Gruttadauria

Allison Guthrie Fischer

Angela Zagreda Nikci

Anthony Craig Markus

Carolyn Ellen Harting

Douglas E. Singer

Eric Christophe Newhart

Farva Jafri

Fred Joseph Bianco

TIPS

LEGAL TERMS

FUNDING A TRUST

SPECIFIC BEQUEST

SUCCESSION

FINAL BENEFICIARY

LIVING TRUST

MINERAL RIGHTS

PETITION

BEQUEATH

RULE AGAINST PERPETUITIES

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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