North Evans Estate Planning Lawyer, New York, page 3

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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
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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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Includes: Gift Taxation

Stephen E. Cavanaugh

Corporate, Estate Planning, Wills

Status: In Good Standing

CONTACT

350 Main Street, Buffalo, NY 14202

John Robert Nuchereno

Elder Law, Estate Planning, Family Law

Status: In Good Standing Licensed: 47 Years

CONTACT

2503 Niagara St, Buffalo, NY 14207

George A. Rusk

Commercial Real Estate, Estate Planning, Divorce & Family Law

Status: In Good Standing Licensed: 47 Years

CONTACT

70 Lamarck Dr, Buffalo, NY 14226

Thomas Francis Keefe

Commercial Real Estate, Estate Planning, DUI-DWI, Contract, Criminal

Status: In Good Standing Licensed: 32 Years

CONTACT

4455 Transit Rd, Buffalo, NY 14221

Lisa J. Allen

Medicare & Medicaid, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 34 Years

CONTACT

2805 Wehrle Dr, Buffalo, NY 14221

Deborah Muhlbauer

Estate Planning, Tax

Status: In Good Standing

CONTACT

333 International Dr, Buffalo, NY 14221

Roger Bennett Simon

Mass Torts, Estate Planning, Estate, Personal Injury

Status: In Good Standing

CONTACT

333 International Dr, Buffalo, NY 14221

John P Robshaw

Real Estate, Trusts, Estate Planning, Business Organization

Status: In Good Standing Licensed: 62 Years

CONTACT

5672 Main St, Buffalo, NY 14221

Madeline E. Aldrich

Elder Law, Estate Planning, Estate Administration

Status: In Good Standing Licensed: 3 Years

CONTACT

455 Cayuga Rd, Buffalo, NY 14225

Kelly V. Zarcone

Estate Administration, Estate Planning, Family Law, Divorce & Family Law, Elder Law

Status: In Good Standing Licensed: 27 Years

CONTACT

3099 William Street, Buffalo, NY 14227

800-923-0641

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LEGAL TERMS

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.

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.

GRANTOR

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

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

CURATOR

See conservator.

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.

CERTIFICATION OF TRUST

See abstract of trust.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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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North Evans Estate Planning Lawyer, New York, page 3

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Stephen E. Cavanaugh

John Robert Nuchereno

George A. Rusk

Thomas Francis Keefe

Lisa J. Allen

Deborah Muhlbauer

Roger Bennett Simon

John P Robshaw

Madeline E. Aldrich

Kelly V. Zarcone

TIPS

LEGAL TERMS

RULE AGAINST PERPETUITIES

SPECIFIC BEQUEST

GRANTOR

DISINHERIT

ESTATE PLANNING

CURATOR

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

CERTIFICATION OF TRUST

SPENDTHRIFT TRUST

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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