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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
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Brett Charles Cowen

Motor Vehicle, Social Security, Estate, Child Custody

Status: In Good Standing Licensed: 15 Years

CONTACT

26 Conkey Ave, Norwich, NY 13815

Bruce James Mckeegan

Real Estate, Government, Estate

Status: In Good Standing Licensed: 42 Years

CONTACT

127 Main Street, Delhi, NY 13753

Bryan Robert Smith

Construction, Litigation, Trusts, Employee Rights

Status: In Good Standing Licensed: 26 Years

CONTACT

11 3Rd St, Deposit, NY 13754

Catherine M Hannan

Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 28 Years

CONTACT

189 Main St, Oneonta, NY 13820

David Scott Merzig

Real Estate, Government, Estate, Business

Status: In Good Standing Licensed: 47 Years

CONTACT

8-12 Dietz St, Oneonta, NY 13820

Ellen Leary Coccoma

Real Estate, Banking & Finance, Elder Law, Litigation, Estate

Status: In Good Standing

CONTACT

1 Ford Ave, Oneonta, NY 13820

Francis William Wood

Commercial Real Estate, Estate Planning, Elder Law

Status: In Good Standing Licensed: 51 Years

CONTACT

Walton, NY 13856

George H. Elwood

Real Estate, Government, Estate

Status: In Good Standing Licensed: 72 Years

CONTACT

38 W Main St, Hancock, NY 13783

George R. Silvernell

Real Estate, Government, Estate

Status: In Good Standing Licensed: 67 Years

CONTACT

21 Walnut St, Oneonta, NY 13820

Hollie J. Jaffe

Real Estate, Estate

Status: In Good Standing Licensed: 41 Years

CONTACT

34 East St, Oneonta, NY 13820

800-923-0641

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LEGAL TERMS

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.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

TESTAMENTARY TRUST

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

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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.

CURATOR

See conservator.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

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.

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.

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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Sidney Center Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Brett Charles Cowen

Bruce James Mckeegan

Bryan Robert Smith

Catherine M Hannan

David Scott Merzig

Ellen Leary Coccoma

Francis William Wood

George H. Elwood

George R. Silvernell

Hollie J. Jaffe

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LEGAL TERMS

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

HEIR AT LAW

TESTAMENTARY TRUST

GRANTOR RETAINED INCOME TRUST

SPRINKLING TRUST

CURATOR

GENERATION-SKIPPING TRUST

IN TERROREM

ABATEMENT

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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