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Abraham Michelson
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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
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Lenard Leeds

Class Action, Family Law, Wills & Probate, Civil Rights

Status: In Good Standing Licensed: 49 Years

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1 Old Country Rd, Carle Place, NY 11514

Howard L. Sosnik

Estate Planning, Employee Rights, Elder Law

Status: Suspended

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100 Jericho Quadrangle, Jericho, NY 11753

Stephen Jay Silverberg

Wills & Probate, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing

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185 Roslyn Rd, Roslyn Heights, NY 11577

Paul Edelman

Labor Law, Wills & Probate, Litigation, Medical Malpractice

Status: In Good Standing

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7001 Brush Hollow Rd, Old Westbury, NY 11590

Mitchell P. Sandler

Wills, Wills & Probate, Corporate, Contract

Status: In Good Standing Licensed: 39 Years

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380 N Broadway, Jericho, NY 11753

Milton Grunwald

Wills & Probate, Contract, Business Organization, Personal Injury

Status: In Good Standing Licensed: 39 Years

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100 Garden City Plaza, Garden City, NY 11530

Steven E. Shumer

Family Law, Estate Planning, Real Estate, Divorce

Status: In Good Standing Licensed: 33 Years

CONTACT

6901 Jericho Tpke, Syosset, NY 11791

Andrew Lee Feldman

Estate Planning, Elder Law, Corporate, Banking & Finance

Status: In Good Standing Licensed: 38 Years

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263 Mineola Blvd, Mineola, NY 11501

Paul Stephen Beeber

Power of Attorney, Nursing Home, Estate, Pension & Benefits, Elder Law

Status: In Good Standing Licensed: 55 Years

CONTACT

99 N Broadway, Hicksville, NY 11801

Marie Elena R. Puma

Real Estate, Trusts, Estate Planning, Elder Law

Status: In Good Standing Licensed: 33 Years

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100 Quentin Roosevelt Blvd, Garden City, NY 11530

800-923-0641

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LEGAL TERMS

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

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.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

INTER VIVOS TRUST

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

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

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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Old Westbury Estate Lawyer, New York, page 3

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Lenard Leeds

Howard L. Sosnik

Stephen Jay Silverberg

Paul Edelman

Mitchell P. Sandler

Milton Grunwald

Steven E. Shumer

Andrew Lee Feldman

Paul Stephen Beeber

Marie Elena R. Puma

TIPS

LEGAL TERMS

ACCUMULATION TRUST

LIFE BENEFICIARY

ADEMPTION

TRUSTEE POWERS

PERSONAL PROPERTY

SUCCESSOR TRUSTEE

ADMINISTRATION (OF AN ESTATE)

INTER VIVOS TRUST

TRUST DEED

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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