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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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Jeffrey Francis Borrell

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Accident & Injury, Estate, Lawsuit & Dispute, Workers' Compensation, Divorce & Family Law

BorrellandRiso LLP

For 35 years, Borrell & Riso, LLP, has been a general practice law firm with locations in Staten Island, Brooklyn, the New York Metropolitan area; and... (more)

FREE CONSULTATION

CONTACT

800-854-5701

1500 Hylan Blvd., Staten Island, NY 10305

Jeffrey Borrell

✓ VERIFIED

Accident & Injury, Estate, Lawsuit & Dispute, Workers' Compensation, Divorce & Family Law

For 35 years, Borrell & Riso, LLP, has been a general practice law firm with locations in Staten Island, Brooklyn, the New York Metropolitan area; and... (more)

CONTACT

718-667-8600

1500 Hylan Blvd., Staten Island, NY 10305

Maria D. Spero

Real Estate, Estate Planning, Family Law, Personal Injury

Status: In Good Standing

FREE CONSULTATION

CONTACT

25 Manor Road, Staten Island, NY 10310

Louis Lepore

Estate Administration, Estate Planning, Elder Law, Corporate

Status: In Good Standing

CONTACT

885 Huguenot Avenue, Staten Island, NY 10312

John Yi

Estate, Real Estate, Guardianships & Conservatorships

Status: In Good Standing

CONTACT

One Edgewater Plaza, Staten Island, NY 10305

Nathan Anderson

International Tax, Estate Planning, Elder Law, Non-profit

Status: In Good Standing Licensed: 21 Years

CONTACT

412 Delafield Ave, Staten Island, NY 10310

Stephen Tremer

Trusts, Real Estate

Status: In Good Standing

CONTACT

Staten Island, NY 10301

Stefanie L. DeMario-Germershausen

Elder Law, Estate Planning, Wills & Probate, Medicare & Medicaid, Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

60 Bay St Ph, Staten Island, NY 10301

Nathan David Anderson

International Tax, Estate Planning, Elder Law, Non-profit

Status: In Good Standing Licensed: 21 Years

CONTACT

412 Delafield Ave, Staten Island, NY 10310

David Rosello Gates

Housing & Urban Development, Real Estate, Immigration, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 16 Years

CONTACT

552 Tompkins Ave, Staten Island, NY 10305

800-923-0641

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LEGAL TERMS

TESTAMENTARY TRUST

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

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

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.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

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.'

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

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.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

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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Richmond County, NY Estate Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jeffrey Francis Borrell

Jeffrey Borrell

Maria D. Spero

Louis Lepore

John Yi

Nathan Anderson

Stephen Tremer

Stefanie L. DeMario-Germershausen

Nathan David Anderson

David Rosello Gates

TIPS

LEGAL TERMS

TESTAMENTARY TRUST

PERSONAL PROPERTY

PREDECEASED SPOUSE

IN TERROREM

PROVING A WILL

TRUST CORPUS

PRETERMITTED HEIR

AB TRUST

ANCILLARY PROBATE

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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