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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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Georgina Marie Nemecek

Tax, Trusts, Real Estate

Status: In Good Standing Licensed: 14 Years

CONTACT

143 Old Sag Harbor Rd, Southampton, NY 11968

Meg Arnel-Rudansky

Wills & Probate, Estate, Business, Wills & Probate

Status: In Good Standing Licensed: 40 Years

CONTACT

36 Woodvale St, Sag Harbor, NY 11963

Thomas Charles Peter Re'

Immigration, Estate, Business, White Collar Crime, Real Estate

Status: In Good Standing Licensed: 49 Years

CONTACT

1224 Brick Kiln Rd, Sag Harbor, NY 11963

Linnea Jayne Levine

Social Security, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing

CONTACT

1095 Millstone Rd, Sag Harbor, NY 11963

David Lee Heller

Real Estate, Lawsuit & Dispute, Immigration, Trusts, Wills & Probate

Status: In Good Standing Licensed: 39 Years

CONTACT

3334 Noyac Rd, Sag Harbor, NY 11963

Stephen Alan Grossman

Real Estate, Traffic, Estate, Criminal, Personal Injury

Status: In Good Standing Licensed: 59 Years

CONTACT

17 Main St, Sag Harbor, NY 11963

Nancy L. Tainiter

Real Estate, Industry Specialties, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 32 Years

CONTACT

137 Noyac Ave, Sag Harbor, NY 11963

Adam Matthew Miller

Real Estate, Estate, Commercial Real Estate

Status: In Good Standing Licensed: 29 Years

CONTACT

2462 Main St, Bridgehampton, NY 11932

Adam Matthew Miller

Real Estate, Estate, Commercial Real Estate

Status: In Good Standing Licensed: 29 Years

CONTACT

2462 Main St, Bridgehampton, NY 11932

Robert Henry Kouffman

Construction, Real Estate, Lawsuit & Dispute, Immigration, Estate

Status: In Good Standing Licensed: 42 Years

CONTACT

2411 Main St, Bridgehampton, NY 11932

800-923-0641

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LEGAL TERMS

NET ESTATE

The value of all property owned at death less liabilities or debts.

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.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

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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Sag Harbor Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Georgina Marie Nemecek

Meg Arnel-Rudansky

Thomas Charles Peter Re'

Linnea Jayne Levine

David Lee Heller

Stephen Alan Grossman

Nancy L. Tainiter

Adam Matthew Miller

Adam Matthew Miller

Robert Henry Kouffman

TIPS

LEGAL TERMS

NET ESTATE

CONTINGENT BENEFICIARY

TAKING AGAINST THE WILL

STATUTORY SHARE

HEIR AT LAW

INTESTATE

LETTERS TESTAMENTARY

SPRINKLING TRUST

QTIP TRUST

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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