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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.
3. Practice AreasServices
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Jeremiah Wood

Farms, Estate Administration, Divorce, Child Support

Status: In Good Standing

CONTACT

8 Fremont Street, Gloversville, NY 12078

Alison Carol Thomas

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 26 Years

CONTACT

Fonda, NY 12068

Christopher John Dodd

International, Gift Taxation

Status: Deceased Licensed: 23 Years

CONTACT

1414 State Highway 5-S, Amsterdam, NY 12010

Christopher John Dodd

International, Gift Taxation

Status: Deceased Licensed: 23 Years

CONTACT

1414 State Highway 5-S, Amsterdam, NY 12010

Christopher John Dodd

International, Gift Taxation

Status: Deceased Licensed: 23 Years

CONTACT

1414 State Highway 5-S, Amsterdam, NY 12010

Jason Aaron Brott

Real Estate, Estate, Criminal, Accident & Injury

Status: In Good Standing Licensed: 28 Years

CONTACT

2 S Market St, Johnstown, NY 12095

Robert Kelly

Real Estate, Wills & Probate, Criminal, Mesothelioma

Status: In Good Standing

CONTACT

116 Country Ridge Ct, Amsterdam, NY 12010

Thomas Edward Sise

Real Estate, Estate

Status: In Good Standing Licensed: 43 Years

CONTACT

120 Genesee Lane, Amsterdam, NY 12010

Bethany Barbra Schumann-Mcghee

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 19 Years

CONTACT

207 Wallins Corners Rd, Amsterdam, NY 12010

Michael Mario Albanese

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 38 Years

CONTACT

35 S Main St, Gloversville, NY 12078

800-923-0641

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LEGAL TERMS

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

TRUSTEE POWERS

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

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

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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Auriesville Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jeremiah Wood

Alison Carol Thomas

Christopher John Dodd

Christopher John Dodd

Christopher John Dodd

Jason Aaron Brott

Robert Kelly

Thomas Edward Sise

Bethany Barbra Schumann-Mcghee

Michael Mario Albanese

TIPS

LEGAL TERMS

PRETERMITTED HEIR

ABATEMENT

TRUSTEE POWERS

BENEFICIARY

INHERITANCE TAXES

SPRINKLING TRUST

DOWER AND CURTESY

TESTAMENTARY TRUST

PROBATE

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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