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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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William W. Pulos

Contract, Car Accident, Personal Injury, Wills & Probate, Real Estate

Status: In Good Standing

CONTACT

70 Main St., Crossroads Professional Bldg., Hornell, NY 14843

Danielle Amber Ward

Housing & Urban Development, Wills, Family Law, Criminal

Status: In Good Standing Licensed: 8 Years

CONTACT

3 E Pulteney Square, Bath, NY 14810

Catherine Ann Von Hagn

Estate, Real Estate

Status: In Good Standing Licensed: 9 Years

CONTACT

12 Pulteney Square West, Bath, NY 14810

Michelle Ann Cooke

Other, Estate, Child Custody, Divorce & Family Law

Status: In Good Standing

CONTACT

3 E Pulteney Square, Bath, NY 14810

Jennifer K. Prossick

Real Estate, Estate

Status: In Good Standing Licensed: 23 Years

CONTACT

5340 Buck Settlement Road, Bath, NY 14810

Teresa Bauer Scofield

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 33 Years

CONTACT

10 W. Pulteney Sq., Bath, NY 14810

Robert H. Plaskov

Real Estate, Estate

Status: In Good Standing Licensed: 46 Years

CONTACT

12 W Pulteney Square, Bath, NY 14810

Richard Paul Rossettie

Real Estate, Estate, Business

Status: In Good Standing Licensed: 47 Years

CONTACT

269 W Pulteney St, Corning, NY 14830

Michael Joseph Martino

Industry Specialties, Estate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 38 Years

CONTACT

269 W Pulteney St, Corning, NY 14830

Kathleen Bridget Barry

Real Estate, Class Action, Trusts, Antitrust

Status: In Good Standing Licensed: 23 Years

CONTACT

1 Riverfront Plaza, Corning, NY 14831

800-923-0641

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LEGAL TERMS

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

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.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

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.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving 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 capita, Julie and the two grandchildren will each take a third. If, on the other hand, 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).

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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Bath Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

William W. Pulos

Danielle Amber Ward

Catherine Ann Von Hagn

Michelle Ann Cooke

Jennifer K. Prossick

Teresa Bauer Scofield

Robert H. Plaskov

Richard Paul Rossettie

Michael Joseph Martino

Kathleen Bridget Barry

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LEGAL TERMS

FUNDING A TRUST

INHERITANCE TAXES

SPECIFIC BEQUEST

STATUTORY SHARE

REMAINDERMAN

LETTERS TESTAMENTARY

OFFICER

PROBATE COURT

PER CAPITA

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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