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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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Leo Angelo Cianciosi

Real Estate, Industry Specialties, Estate

Status: In Good Standing Licensed: 71 Years

CONTACT

80 Exchange St, Binghamton, NY 13901

Wilbur Donald Dahlgren

International, Estate

Status: In Good Standing Licensed: 41 Years

CONTACT

Binghamton, NY 13902

James Francis Haley

Industry Specialties, Estate, Civil & Human Rights, Business

Status: In Good Standing

CONTACT

46 Front Street, Binghamton, NY 13905

William Miles Thomas

Real Estate, Lawsuit & Dispute, Estate, Employment

Status: In Good Standing

CONTACT

46 Front St, Binghamton, NY 13905

Angelina Cutrona

Landlord-Tenant, Trusts, Employee Rights, Divorce, Bankruptcy

Status: In Good Standing

CONTACT

46 Front St, Binghamton, NY 13905

F Daniel Casella

Real Estate, Government, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 47 Years

CONTACT

64 Front St, Binghamton, NY 13905

Wayne Michael Chariff

Wills & Probate, Family Law, Criminal, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 48 Years

CONTACT

59 court street, Binghamton, NY 13901

Reuben M. Monastra

Trusts

Status: In Good Standing Licensed: 13 Years

CONTACT

45 Hawley Street, Binghamton, NY 13901

Robert R Jones

Litigation, Lawsuit & Dispute, Estate, Accident & Injury

Status: In Good Standing Licensed: 33 Years

CONTACT

19 Chenango St, Binghamton, NY 13901

Susan L English

Real Estate, Estate, Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 34 Years

CONTACT

19 Chenango St, Binghamton, NY 13901

800-923-0641

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LEGAL TERMS

FUNDING A TRUST

Transferring ownership of property to a trust.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

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.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

TITLE COMPANY

A company that issues title insurance.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

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.

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.

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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Corbettsville Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Leo Angelo Cianciosi

Wilbur Donald Dahlgren

James Francis Haley

William Miles Thomas

Angelina Cutrona

F Daniel Casella

Wayne Michael Chariff

Reuben M. Monastra

Robert R Jones

Susan L English

TIPS

LEGAL TERMS

FUNDING A TRUST

TRUSTEE

RULE AGAINST PERPETUITIES

SUCCESSION

CONSERVATOR

TITLE COMPANY

ALTERNATE BENEFICIARY

LETTERS TESTAMENTARY

SPRINKLING TRUST

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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