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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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B Andrew Dutcher

International Tax, Wills, Trusts, Elder Law

Status: In Good Standing Licensed: 49 Years

CONTACT

1399 Monroe Ave, Rochester, NY 14618

Paul Vincent Ciminelli

Real Estate, Lawsuit & Dispute, Estate, Criminal

Status: In Good Standing

CONTACT

160 Allens Creek Road, Rochester, NY 14618

Warren H. Heilbronner

Trusts, Estate, Civil & Human Rights, Bankruptcy

Status: In Good Standing

CONTACT

145 Culver Rd, Rochester, NY 14620

Michael F. Buckley

Commercial Real Estate, Estate Planning, Employment, Divorce & Family Law, Car Accident

Status: In Good Standing

CONTACT

145 Culver Rd, Rochester, NY 14620

Raymond Thompson Gilman

Commercial Real Estate, Estate Planning, Estate, Elder Law

Status: In Good Standing Licensed: 48 Years

CONTACT

1900 Bausch And Lomb Pl, Rochester, NY 14604

Cecily Fuhr

Wills, Estate Planning, Employment Discrimination, Civil Rights

Status: In Good Standing Licensed: 21 Years

CONTACT

5 Rundel Park, Rochester, NY 14607

Thomas Jay Solomon

Other, Commercial Real Estate, Estate Planning, Elder Law

Status: In Good Standing Licensed: 57 Years

CONTACT

400 W Metro Park, Rochester, NY 14623

Sara Stout Ashcraft

Real Estate, Estate, Divorce & Family Law, Criminal, Personal Injury

Status: In Good Standing

CONTACT

150 Allens Creek Rd, Rochester, NY 14618

John Nacca

Divorce & Family Law, Estate, Real Estate, Criminal, Business

Status: In Good Standing Licensed: 39 Years

CONTACT

30 W Broad St, Rochester, NY 14614

William La Forte

Commercial Real Estate, Estate Planning

Status: In Good Standing Licensed: 50 Years

CONTACT

2 State St, Rochester, NY 14614

800-923-0641

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LEGAL TERMS

DEVISEE

A person or entity who inherits real estate under the terms of a will.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

FAMILY POT TRUST

See pot trust.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

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).

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

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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Linwood Estate Lawyer, New York, page 4

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

B Andrew Dutcher

Paul Vincent Ciminelli

Warren H. Heilbronner

Michael F. Buckley

Raymond Thompson Gilman

Cecily Fuhr

Thomas Jay Solomon

Sara Stout Ashcraft

John Nacca

William La Forte

TIPS

LEGAL TERMS

DEVISEE

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

WILL

FAMILY POT TRUST

SUMMARY PROBATE

ADEMPTION

HEIR APPARENT

PER CAPITA

ANCILLARY 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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