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Abraham Michelson
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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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Theresa Marinello Ries

Real Estate, Trusts, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

930 Albany Shaker Road, Latham, NY 12110

Kate Teresa Loughney

Litigation, Trusts, Estate Administration

Status: In Good Standing

CONTACT

540 Broadway, Albany, NY 12207

William L. Fox

Real Estate, Trusts, Family Law, Wills & Probate

Status: In Good Standing Licensed: 49 Years

CONTACT

4 Springhurst Dr, East Greenbush, NY 12061

Francis G. Hoare

Commercial Real Estate, Elder Law, Trusts, Military

Status: In Good Standing Licensed: 39 Years

CONTACT

99 Pine St, Albany, NY 12207

Charles B. Ries

Real Estate, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing Licensed: 60 Years

CONTACT

930 Albany Shaker Rd, Latham, NY 12110

Marc Ellis Cohen

Immigration, Trusts, Estate, Child Custody

Status: In Good Standing Licensed: 37 Years

CONTACT

9 Northview Dr, Latham, NY 12110

Jeffrey Gerard Sullivan

Real Estate, Trusts, Landlord-Tenant

Status: In Good Standing Licensed: 35 Years

CONTACT

4 Executive Park Dr, Albany, NY 12203

Joseph B. Carr

Corporate, Commercial Real Estate, Trusts

Status: Deceased Licensed: 49 Years

CONTACT

11 British American Boulevard, Latham, NY 12110

Gilbert L. Carey

Tax Litigation, Tax, Trusts, Business & Trade

Status: In Good Standing

CONTACT

139 Meyer Road, Clifton Park, NY 12065

Michael William Schafer

Commercial Real Estate, Wills, Trusts, Estate Planning

Status: In Good Standing Licensed: 35 Years

CONTACT

3 Corporate Dr, Clifton Park, NY 12065

800-923-0641

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LEGAL TERMS

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.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

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.

CREDIT SHELTER TRUST

See AB trust.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

DEED OF TRUST

See trust deed.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

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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Sand Lake Trusts Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Theresa Marinello Ries

Kate Teresa Loughney

William L. Fox

Francis G. Hoare

Charles B. Ries

Marc Ellis Cohen

Jeffrey Gerard Sullivan

Joseph B. Carr

Gilbert L. Carey

Michael William Schafer

TIPS

LEGAL TERMS

TRUST DEED

SWEARING MATCH

EXECUTOR

LETTERS TESTAMENTARY

CREDIT SHELTER TRUST

PER STIRPES

DEED OF TRUST

IN TERROREM

TRUST CORPUS

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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