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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.
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Brett Charles Cowen

Motor Vehicle, Social Security, Estate, Child Custody

Status: In Good Standing Licensed: 15 Years

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26 Conkey Ave, Norwich, NY 13815

Donald J. Snyder

Government, Estate, Business

Status: In Good Standing Licensed: 59 Years

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379 W Main St, West Winfield, NY 13491

Elizabeth Ann Kenny

Estate Planning, Divorce & Family Law, Elder Law

Status: In Good Standing Licensed: 21 Years

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146 Stafford Ave, Waterville, NY 13480

Kurt D. Schulte

Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 41 Years

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12 Club Ave, Oneonta, NY 13820

Rebecca Russell Hanft

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

Status: In Good Standing Licensed: 14 Years

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7364 Bonney Hill Road, Hamilton, NY 13346

Richard A. Harlem

Real Estate, Estate, Estate Planning

Status: In Good Standing Licensed: 41 Years

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493 Chestnut Street, Suite 2, Oneonta, NY 13820

Rodney L. Klafehn

Real Estate, Government, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 49 Years

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172 County Highway 12, Laurens, NY 13796

Roger Monaco

Real Estate, Industry Specialties, Estate

Status: In Good Standing Licensed: 50 Years

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322 Lake Road, Mc Donough, NY 13801

Stephen Michael Dunshee

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 34 Years

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13 Eaton Ave, Norwich, NY 13815

Victoria Quesada

Estate, Wrongful Termination, Criminal, Defamation & Slander

Status: In Good Standing Licensed: 48 Years

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35 University Ave, Hamilton, NY 13346

800-923-0641

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LEGAL TERMS

FAMILY POT TRUST

See pot trust.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

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.

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.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

MARITAL LIFE ESTATE TRUST

See AB trust.

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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Sherburne Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Brett Charles Cowen

Donald J. Snyder

Elizabeth Ann Kenny

Kurt D. Schulte

Rebecca Russell Hanft

Richard A. Harlem

Rodney L. Klafehn

Roger Monaco

Stephen Michael Dunshee

Victoria Quesada

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LEGAL TERMS

FAMILY POT TRUST

POUR-OVER WILL

ALTERNATE BENEFICIARY

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

CONTINGENT BENEFICIARY

BYPASS TRUST

REMAINDERMAN

GRANTOR

MARITAL LIFE ESTATE 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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