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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
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David Van Benschoten

Elder Law, Estate Planning, Health Care, Wills & Probate

Status: In Good Standing

FREE CONSULTATION

CONTACT

34 West Bridge Street, Saugerties, NY 12477

David Nilson

Other, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 39 Years

CONTACT

673 Woods Rd, Germantown, NY 12526

David Holley Carnright

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 47 Years

CONTACT

27 Wilhelm Rd, Saugerties, NY 12477

Lanny Earl Walter

Real Estate Other, Wills & Probate, Bankruptcy

Status: In Good Standing Licensed: 54 Years

CONTACT

301 Van Vlierden Rd, Saugerties, NY 12477

Marie F. Bing

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 42 Years

CONTACT

627 Blue Mountain Rd, Saugerties, NY 12477

William Joseph Petzel

Wills & Probate, Estate

Status: Inactive Licensed: 49 Years

CONTACT

20 Pleasant View Rd, Saugerties, NY 12477

James M. Mcgarry

Estate Administration, Elder Law, Wills & Probate

Status: In Good Standing Licensed: 47 Years

CONTACT

Ruby, NY 12475

James M. Wagman

Traffic, Estate Planning, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 41 Years

CONTACT

Catskill, NY 12414

Veronica Maxine Kosich

Wills & Probate, Estate Planning, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 26 Years

CONTACT

24 Hamburg Rd, Catskill, NY 12414

Ralph Coe Lewis

Real Estate, Dispute Resolution, Wills & Probate, Employment Discrimination, Workers' Compensation

Status: In Good Standing Licensed: 51 Years

CONTACT

Catskill, NY 12414

800-923-0641

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LEGAL TERMS

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

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.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

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.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

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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Malden On Hudson Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David Van Benschoten

David Nilson

David Holley Carnright

Lanny Earl Walter

Marie F. Bing

William Joseph Petzel

James M. Mcgarry

James M. Wagman

Veronica Maxine Kosich

Ralph Coe Lewis

TIPS

LEGAL TERMS

INTESTATE

REAL ESTATE AGENT

BYPASS TRUST

SPENDTHRIFT TRUST

INTESTATE SUCCESSION

ABSTRACT OF TRUST

TESTAMENTARY TRUST

STATUTORY SHARE

GRANTOR

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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