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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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Brett Charles Cowen

Motor Vehicle, Social Security, Estate, Child Custody

Status: In Good Standing Licensed: 15 Years

CONTACT

26 Conkey Ave, Norwich, NY 13815

Brian R. Wright

Business, Securities, Litigation, Wills & Probate, Estate

Status: In Good Standing

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700 Security Mutual Building, Binghamton, NY 13901

Brian Michael Prew

Real Estate, Estate, Business, Elder Law, Banking & Finance

Status: In Good Standing

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700 Security Mutual Building, Binghamton, NY 13901

Christopher John Moran

Business, Elder Law, Estate

Status: Deceased Licensed: 60 Years

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111, Binghamton, NY 13902

Christopher D. Grace

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 25 Years

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99 Collier St, Binghamton, NY 13901

Debra Jean Cohn

Trusts, Divorce, Divorce & Family Law, Elder Law

Status: In Good Standing Licensed: 17 Years

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68 Oak St, Binghamton, NY 13905

Elizabeth Kehoe Joggerst

Real Estate, Estate, Civil & Human Rights

Status: In Good Standing

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Binghamton, NY 13902

Erin Alisha Cummings

Estate, Wills & Probate, Trusts

Status: In Good Standing Licensed: 16 Years

CONTACT

700 Security Mutual Building, Binghamton, NY 13901

Frederick A. Griffen

Tax, Real Estate, Business, Estate, Elder Law

Status: In Good Standing

CONTACT

700 Security Mutual Building, Binghamton, NY 13901

Greg Stephen Catarella

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

Status: In Good Standing

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31 Lewis St, Binghamton, NY 13901

800-923-0641

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LEGAL TERMS

FAMILY POT TRUST

See pot trust.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

TESTAMENTARY TRUST

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

CREDIT SHELTER TRUST

See AB trust.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

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.

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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Oxford Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Brett Charles Cowen

Brian R. Wright

Brian Michael Prew

Christopher John Moran

Christopher D. Grace

Debra Jean Cohn

Elizabeth Kehoe Joggerst

Erin Alisha Cummings

Frederick A. Griffen

Greg Stephen Catarella

TIPS

LEGAL TERMS

FAMILY POT TRUST

SUCCESSOR TRUSTEE

AB TRUST

TRUST MERGER

EXECUTOR

TESTAMENTARY TRUST

CREDIT SHELTER TRUST

SECONDARY MEANING

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

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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