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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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Lauren McCallion

Gift Taxation, Estate Administration, Estate Planning

Status: In Good Standing

CONTACT

909 Midland Avenue, Yonkers, NY 10704

Stewart J McMillan

Wills & Probate, Employment, Corporate, Contract

Status: In Good Standing Licensed: 58 Years

CONTACT

1415 Boston Post Rd, Larchmont, NY 10538

Erina R. Ponzini

Wills & Probate, Estate, Business, Bankruptcy

Status: In Good Standing

CONTACT

140 Huguenot Street, New Rochelle, NY 10801

M David Lacher

Estate, Real Estate, Business, Corporate

Status: In Good Standing Licensed: 47 Years

CONTACT

270 North Ave, New Rochelle, NY 10801

Stuart Ethan Leyton

Wills & Probate, Pension & Benefits, Contract, Business Organization

Status: In Good Standing Licensed: 16 Years

CONTACT

1333A North Avenue, New Rochelle, NY 10804

Louis J Maggiotto

Estate Planning, Employment, Corporate, Antitrust

Status: In Good Standing Licensed: 51 Years

CONTACT

111 Kraft Ave, Bronxville, NY 10708

Vincent P. Fiore

Real Estate, Estate Planning, Family Law, Personal Injury

Status: In Good Standing Licensed: 30 Years

CONTACT

909 Midland Ave, Yonkers, NY 10704

Michael Camporeale

Estate Planning, Family Law, Elder Law

Status: In Good Standing

CONTACT

1600 Harrison Avenue, Mamaroneck, NY 10543

Cormac Mcenery

Wills & Probate, Elder Law, Estate Planning, Estate, Power of Attorney

Status: In Good Standing

CONTACT

562 City Island Ave, Bronx, NY 10464

Debra A. Arena

Real Estate, Wills, Trusts, Estate

Status: In Good Standing

CONTACT

111 Kraft Avenue, Bronxville, NY 10708

800-923-0641

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LEGAL TERMS

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

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.

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.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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.

SURROGATE COURT

See probate court.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

TRUSTEE POWERS

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

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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New Rochelle Estate Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Lauren McCallion

Stewart J McMillan

Erina R. Ponzini

M David Lacher

Stuart Ethan Leyton

Louis J Maggiotto

Vincent P. Fiore

Michael Camporeale

Cormac Mcenery

Debra A. Arena

TIPS

LEGAL TERMS

MINERAL RIGHTS

IN TERROREM

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

BENEFICIARY

LAPSE

SURROGATE COURT

GRANTOR RETAINED INCOME TRUST

PETITION

TRUSTEE POWERS

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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