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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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Alexis Rachel Gruttadauria

Visa, Estate Planning, Elder Law, Accident & Injury

Status: In Good Standing Licensed: 10 Years

CONTACT

361 Washington Ave, Pleasantville, NY 10570

Andrew Scott Lupatkin

Estate, Family Law, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 27 Years

CONTACT

15 Walden Hl, Chappaqua, NY 10514

Anne Regina Aicher

Real Estate, Motor Vehicle, Trusts, Estate, Criminal

Status: In Good Standing

CONTACT

55 Smith Avenue, Mount Kisco, NY 10549

Anthony Craig Markus

Estate Planning, Estate, Divorce, Divorce & Family Law

Status: In Good Standing Licensed: 39 Years

CONTACT

118 N Bedford Rd, Mount Kisco, NY 10549

Anthony Joseph Pieragostini

Real Estate, Estate, Criminal, Business

Status: In Good Standing Licensed: 50 Years

CONTACT

61 Smith Ave, Mount Kisco, NY 10549

Brian Michael Higbie

Estate, Intellectual Property, Lawsuit & Dispute, Lawsuit

Status: In Good Standing Licensed: 21 Years

CONTACT

202 Barnes St, Ossining, NY 10562

Bridget Eichinger

Trusts, Estate

CONTACT

55 Smith Avenue, Mount Kisco, NY 10549

Bruce Jared Cheriff

Real Estate, Lawsuit & Dispute, Estate, Business

Status: In Good Standing Licensed: 38 Years

CONTACT

Mount Kisco, NY 10549

Carolyn Ellen Harting

General Practice

Status: In Good Standing Licensed: 41 Years

CONTACT

Bedford, NY 10506

Christopher Dupont Roosevelt

Other, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 55 Years

CONTACT

118 N Bedford Rd, Mount Kisco, NY 10549

800-923-0641

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LEGAL TERMS

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

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.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

CREDIT SHELTER TRUST

See AB trust.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

DEVISEE

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

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.

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.

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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Mount Kisco Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Alexis Rachel Gruttadauria

Andrew Scott Lupatkin

Anne Regina Aicher

Anthony Craig Markus

Anthony Joseph Pieragostini

Brian Michael Higbie

Bridget Eichinger

Bruce Jared Cheriff

Carolyn Ellen Harting

Christopher Dupont Roosevelt

TIPS

LEGAL TERMS

TRUST CORPUS

GRANT DEED

TRUSTEE POWERS

LAPSE

CREDIT SHELTER TRUST

RESIDUARY ESTATE

DEVISEE

INTESTATE

LETTERS TESTAMENTARY

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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