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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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Brian Scott Lyda

Real Estate, Estate, Business

Status: In Good Standing Licensed: 23 Years

CONTACT

139 Meyer Road, Halfmoon, NY 12065

Lawrence Arthur Deangelus

Real Estate, Estate, Civil & Human Rights, Business

Status: In Good Standing

CONTACT

3 Corporate Dr, Clifton Park, NY 12065

Edward Vincent Wilcenski

Visa, Estate, Civil Rights, Civil & Human Rights

Status: In Good Standing Licensed: 29 Years

CONTACT

5 Emma Ln, Clifton Park, NY 12065

Mark Brian Grosky

Special Education, Medicare & Medicaid, Trusts, Elder Law

Status: In Good Standing Licensed: 29 Years

CONTACT

9 Executive Park Drive, Clifton Park, NY 12065

Alice Marie Breding

Real Estate, Government, Estate, Business

Status: In Good Standing Licensed: 21 Years

CONTACT

632 Plank Rd, Clifton Park, NY 12065

Kevin Glynn Caslin

Real Estate, Government, Estate, Contract

Status: In Good Standing Licensed: 37 Years

CONTACT

1745 Route 9, Clifton Park, NY 12065

Denise Marie Resta-Tobin

Real Estate, Estate, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 18 Years

CONTACT

632 Plank Rd, Clifton Park, NY 12065

Robert L. Beebe

Government Agencies, Wills & Probate, Employment, Family Law

Status: In Good Standing Licensed: 54 Years

CONTACT

514 Vischer Ferry Rd, Clifton Park, NY 12065

Joshua Alan Silver

Real Estate, Estate, Environmental Law, Business

Status: In Good Standing Licensed: 16 Years

CONTACT

10 Maxwell Dr, Clifton Park, NY 12065

Arthur Frederic Casey

Commercial Real Estate, Wills & Probate, Trusts, Banking & Finance

Status: In Good Standing Licensed: 56 Years

CONTACT

Clifton Park, NY 12065

800-923-0641

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LEGAL TERMS

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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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Rexford Estate Lawyer, New York

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The Michelson Law Office

SPONSORED LAWYERS

Brian Scott Lyda

Lawrence Arthur Deangelus

Edward Vincent Wilcenski

Mark Brian Grosky

Alice Marie Breding

Kevin Glynn Caslin

Denise Marie Resta-Tobin

Robert L. Beebe

Joshua Alan Silver

Arthur Frederic Casey

TIPS

LEGAL TERMS

PROBATE COURT

DOWER AND CURTESY

GENERATION-SKIPPING TRANSFER TAX

ADMINISTRATION (OF AN ESTATE)

HEIR APPARENT

INCOMPETENCE

CONTINGENT BENEFICIARY

TRUST DEED

FAILURE OF ISSUE

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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