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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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Kathleen M. Sheehan

Immigration, Trusts, Child Custody, Criminal

Status: In Good Standing Licensed: 38 Years

CONTACT

615 Park Ave, Ballston Lake, NY 12118

George B. Burke

Wills & Probate, Workers' Compensation, Estate Planning, Real Estate, Accident & Injury

Status: In Good Standing Licensed: 33 Years

CONTACT

2534 Rte 9, Ballston Lake, NY 12020

Judith Hastings Singer

Health Care, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 35 Years

CONTACT

5 Sophia Marie Ln, Ballston Lake, NY 12020

Jill Alicia Gruben

Intellectual Property, Estate, Employment, Business

Status: In Good Standing Licensed: 24 Years

CONTACT

12 Hemphill Pl, Ballston Lake, NY 12020

Edward W. Swanson

Real Estate, Motor Vehicle, International, Estate

Status: In Good Standing Licensed: 37 Years

CONTACT

232 Round Lake Rd, Ballston Lake, NY 12019

Joseph W. Sheehan

Estate, Business

Status: In Good Standing Licensed: 55 Years

CONTACT

706 Grand St, Ballston Lake, NY 12118

David Lee Evans

General Practice

Status: In Good Standing Licensed: 46 Years

CONTACT

26 Crown Pt, Ballston Lake, NY 12019

Debbie Ada Cutler

Estate, Insurance, Business

Status: In Good Standing Licensed: 37 Years

CONTACT

2 Hemphill Pl, Ballston Spa, NY 12020

Michael Thurber Brockbank

Elder Law, Wills & Probate, Trusts, Civil & Human Rights

Status: In Good Standing

CONTACT

609 Route 146A, Clifton Park, NY 12065

Richard A. Reisman

Real Estate, Estate, Civil & Human Rights, Business

Status: In Good Standing Licensed: 48 Years

CONTACT

4 Westcrest Dr, Clifton Park, NY 12065

800-923-0641

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LEGAL TERMS

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

PREDECEASED SPOUSE

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

DEVISEE

A person or entity who inherits real estate under the terms of a will.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

CERTIFICATION OF TRUST

See abstract of 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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Stillwater Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Kathleen M. Sheehan

George B. Burke

Judith Hastings Singer

Jill Alicia Gruben

Edward W. Swanson

Joseph W. Sheehan

David Lee Evans

Debbie Ada Cutler

Michael Thurber Brockbank

Richard A. Reisman

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LEGAL TERMS

SPECIFIC BEQUEST

INTESTATE SUCCESSION

PREDECEASED SPOUSE

DEVISEE

PROPERTY CONTROL TRUST

DISTRIBUTEE

EXEMPTION TRUST

TRUST MERGER

CERTIFICATION OF 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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