Caneadea 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
  Our legal team can advise you on your options for negotiating a solution.
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Includes: Gift Taxation

William J Kita

Estate Planning, Family Law, Insurance, Litigation

Status: In Good Standing

CONTACT

2150 Main Place Tower, 350 Main Street, Buffalo, NY 14202

James Timothy Embser

Trusts, Estate Planning, Construction, Housing & Urban Development

Status: In Good Standing Licensed: 63 Years

CONTACT

164 N Main St, Wellsville, NY 14895

Michael Timothy Dwan

DUI-DWI, Traffic, Wills & Probate, Estate Planning

Status: In Good Standing

CONTACT

5136 Transit Rd, Depew, NY 14043

Linda Grear

Estate Planning, Wills

Status: In Good Standing

CONTACT

43 Central Avenue, Lancaster, NY 14086

Phillip Brothman

Education, Tax, Estate Planning, Corporate

Status: In Good Standing Licensed: 61 Years

CONTACT

726 Exchange St, Buffalo, NY 14210

Jerry A. Gambino

Estate Planning, Labor Law, Employment, Family Law, Personal Injury

Status: In Good Standing Licensed: 41 Years

CONTACT

37 Franklin St, Buffalo, NY 14202

Vincent J. Sorrentino

Farms, Estate Planning, Alimony & Spousal Support, Divorce

Status: In Good Standing Licensed: 61 Years

CONTACT

37 Franklin St, Buffalo, NY 14202

Edward Charles Robinson

Visa, Estate Planning, Estate, Employment Discrimination, Elder Law

Status: In Good Standing

CONTACT

1300 Liberty Building, Buffalo, NY 14202

Thomas F. Hewner

Estate Administration, Estate Planning, Corporate, Bankruptcy

Status: In Good Standing Licensed: 45 Years

CONTACT

37 Franklin St, Buffalo, NY 14202

Steven P. Curvin

Construction, Estate Planning, Family Law, Insurance

Status: In Good Standing Licensed: 45 Years

CONTACT

496 Main St, Buffalo, NY 14202

800-923-0641

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LEGAL TERMS

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.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

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.

DEED OF TRUST

See trust deed.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

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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Caneadea Estate Planning Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

William J Kita

James Timothy Embser

Michael Timothy Dwan

Linda Grear

Phillip Brothman

Jerry A. Gambino

Vincent J. Sorrentino

Edward Charles Robinson

Thomas F. Hewner

Steven P. Curvin

TIPS

LEGAL TERMS

INHERIT

PERSONAL PROPERTY

SPECIFIC BEQUEST

DEED OF TRUST

TRUST MERGER

SURVIVING SPOUSE'S TRUST

FAILURE OF ISSUE

BYPASS TRUST

POUR-OVER WILL

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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