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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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Bellanca J. Fletcher

Real Estate, Wills & Probate, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

251 River Street, Troy, NY 12181

Frederick L Fowler

Estate, Civil & Human Rights

Status: In Good Standing

FREE CONSULTATION

CONTACT

1011 Hoosick Road, Troy, NY 12180

James G. Brennan

Real Estate, Wills & Probate, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

39 North Pearl Street, Albany, NY 12207

Adam Jonathan Schultz

Real Estate, Litigation, Estate, Employment

Status: In Good Standing

CONTACT

540 Broadway, Albany, NY 12201

Amanda Margaret Mirabito

Real Estate, Estate, Insurance, Business

Status: In Good Standing Licensed: 11 Years

CONTACT

80 State St, Albany, NY 12207

Anthony Leopoldo Polizzi

Estate, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 30 Years

CONTACT

110 State St, Albany, NY 12236

Bonnie Mcguire Jones

International, Estate, Employment

Status: Retired Licensed: 42 Years

CONTACT

540 Broadway, Albany, NY 12207

Brian T. Sadonis

Real Estate, Estate, Business

Status: In Good Standing

CONTACT

150 Broadway, Albany, NY 12204

Carin Elizabeth Spreitzer

Real Estate, Lawsuit & Dispute, Government, Estate

Status: In Good Standing Licensed: 20 Years

CONTACT

625 Broadway, Albany, NY 12233

Caroline Weekes Trimble Lang

Estate, Real Estate, Estate Planning, Wills & Probate

Status: In Good Standing Licensed: 11 Years

CONTACT

39 N Pearl St, Albany, NY 12207

800-923-0641

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LEGAL TERMS

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.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

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.

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.

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.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

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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Poestenkill Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Bellanca J. Fletcher

Frederick L Fowler

James G. Brennan

Adam Jonathan Schultz

Amanda Margaret Mirabito

Anthony Leopoldo Polizzi

Bonnie Mcguire Jones

Brian T. Sadonis

Carin Elizabeth Spreitzer

Caroline Weekes Trimble Lang

TIPS

LEGAL TERMS

EXECUTOR

PROBATE

IN TERROREM

TRUST MERGER

BYPASS TRUST

ABATEMENT

SWEARING MATCH

ADMINISTRATION (OF AN ESTATE)

HEIR APPARENT

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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