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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
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Irina Yadgarova

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Estate, Wills & Probate, Trusts, Elder Law

Providing outstanding legal services and counsel in the areas of Estate, Probate and Elder Law.

Attorney Irina Yadgarova focuses her practice on Trusts & Estates, Probate & Administration, Elder Law, and Real Estate. She is licensed to practice l... (more)

FREE CONSULTATION

CONTACT

800-765-5171

63-50 Wetherole Street, Rego Park, NY 11374

Roman Aminov

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Estate, Accident & Injury, Real Estate, Health Care, Business

Compassionate Estate Planning, Probate, and Elder Law Attorney

Call 347-766-2685 Today for Legal Help In Queens For Estate Planning, Elder Law, and Probate At The Law Offices of Roman Aminov, located in Flushin... (more)

FREE CONSULTATION

CONTACT

800-965-1840

147-17 Union Turnpike, Flushing, NY 11367

Yandy Reyes

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Estate

Yandy Reyes is an American born, first-in-family to graduate college and law school, first-in-family to serve in the U.S. Army as a decorated commissi... (more)

FREE CONSULTATION

CONTACT

800-741-9331

118-35 Queens Blvd, Forest Hills, NY 11375

Keith A. Gilman

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Personal Injury, Estate, Real Estate, Criminal, Car Accident

Keith Gilman grew up in Queens County, New York. He attended Hunter College High School in Manhattan, where he lettered in baseball and bowling. Mr. G... (more)

FREE CONSULTATION

CONTACT

718-459-6200

9131 Queens Blvd, Elmhurst, NY 11373

Stuart Birbach

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Criminal, Wills & Probate

Introducing Stuart Birbach: Your Trusted Advocate for Criminal Matters in New York When it comes to navigating the complex and often daunting world... (more)

CONTACT

212-764-2468

118-35 Queens Blvd, Forest Hills, NY 11375

Jason David Jones

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Estate, Business

Jason D. Jones, Esq., our office’s founder, opened our office in 2018 after working for well over a decade in trusts & estates, estate administratio... (more)

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646-768-4248

745 Fifth Avenue, New York, NY 10151

M. Joseph Levin

Wills & Probate, Elder Law, Estate Planning, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

8626 Queens Boulevard, Elmhurst, NY 11373

Jack Gladstein

Bankruptcy, Divorce, Immigration, Commercial Real Estate, Wills

Status: In Good Standing

FREE CONSULTATION

CONTACT

11821 Queens Boulevard, Forest Hills, NY 11375

Jacob M. Dyckman

Real Estate, Trusts, Estate Planning, Business Organization

Status: In Good Standing

FREE CONSULTATION

CONTACT

292 Madison Avenue, New York, NY 10017

Stephen J. Singer

Criminal, Estate Planning, Family Law, Real Estate

Status: In Good Standing

CONTACT

125-10 Queens Blvd, Kew Gardens, NY 11415

800-923-0641

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LEGAL TERMS

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

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.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

CREDIT SHELTER TRUST

See AB trust.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

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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Jackson Heights Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Irina Yadgarova

Roman Aminov

Yandy Reyes

Keith A. Gilman

Stuart Birbach

Jason David Jones

M. Joseph Levin

Jack Gladstein

Jacob M. Dyckman

Stephen J. Singer

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LEGAL TERMS

INVENTORY

DISTRIBUTEE

INCOMPETENCE

PROBATE

GENERATION-SKIPPING TRANSFER TAX

BYPASS TRUST

CREDIT SHELTER TRUST

ADMINISTRATRIX

GRANT DEED

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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