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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
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Allen Daniel Miskell

Real Estate, Government, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 49 Years

CONTACT

280 East Ave, Lockport, NY 14094

Andrew William Meier

Estate Planning

Status: In Good Standing Licensed: 20 Years

CONTACT

113 W Center St, Medina, NY 14103

Anthony Angelo Dimillo

Real Estate, Estate, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 44 Years

CONTACT

16 W Main St, Lockport, NY 14094

Anthony Charles Ben

Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 70 Years

CONTACT

193 East Ave, Lockport, NY 14094

Catherine Carole Billanti

Real Estate, Immigration, Estate, Business, Medical Malpractice

Status: In Good Standing Licensed: 16 Years

CONTACT

6868 Kimberly Dr, Lockport, NY 14094

Charles Francis Pitarresi

Estate

Status: In Good Standing Licensed: 26 Years

CONTACT

175 Hawley St, Lockport, NY 14094

Conrad Franklin Cropsey

Real Estate, Government, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 49 Years

CONTACT

109 N Main St, Albion, NY 14411

Daniel Elijah Seaman

Government, Estate, Civil & Human Rights, Business

Status: In Good Standing Licensed: 53 Years

CONTACT

744 Davison Rd, Lockport, NY 14094

David Carl Schubel

Real Estate, Government, Estate, Criminal

Status: In Good Standing Licensed: 51 Years

CONTACT

113 W Center St, Medina, NY 14103

David W. Koplas

Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 33 Years

CONTACT

365 Market St, Lockport, NY 14094

800-923-0641

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LEGAL TERMS

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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).

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

NET ESTATE

The value of all property owned at death less liabilities or debts.

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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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Lyndonville Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Allen Daniel Miskell

Andrew William Meier

Anthony Angelo Dimillo

Anthony Charles Ben

Catherine Carole Billanti

Charles Francis Pitarresi

Conrad Franklin Cropsey

Daniel Elijah Seaman

David Carl Schubel

David W. Koplas

TIPS

LEGAL TERMS

EXEMPTION TRUST

PER CAPITA

IRREVOCABLE TRUST

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

ENTITY

NET ESTATE

FUNDING A TRUST

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

IN TERROREM

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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