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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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David Van Benschoten

Elder Law, Estate Planning, Health Care, Wills & Probate

Status: In Good Standing

FREE CONSULTATION

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34 West Bridge Street, Saugerties, NY 12477

Michel P. Haggerty

Real Estate, Wills & Probate, Estate Planning, Elder Law

Status: In Good Standing

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6367 Mill Street, Rhinebeck, NY 12572

Jacqueline L Heubach

Social Security -- Disability, State and Local, Estate Planning, Workers' Compensation

Status: In Good Standing

FREE CONSULTATION

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115 Green Street, Kingston, NY 12401

David A Roach

Real Estate, Trusts, Estate Planning, Personal Injury

Status: In Good Standing

FREE CONSULTATION

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115 Green Street, Kingston, NY 12401

David Nilson

Other, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 39 Years

CONTACT

673 Woods Rd, Germantown, NY 12526

Anna W. Kirschner

Estate, Wrongful Termination, Divorce & Family Law

Status: Inactive Licensed: 35 Years

CONTACT

49 West Market Street, Red Hook, NY 12571

Douglas Frederick Wicks

Wills & Probate, Residential Real Estate, Estate Planning

Status: In Good Standing Licensed: 58 Years

CONTACT

7405 S Broadway, Red Hook, NY 12571

James M. Mcgarry

Estate Administration, Elder Law, Wills & Probate

Status: In Good Standing Licensed: 47 Years

CONTACT

Ruby, NY 12475

David Holley Carnright

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 47 Years

CONTACT

27 Wilhelm Rd, Saugerties, NY 12477

Marie F. Bing

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 42 Years

CONTACT

627 Blue Mountain Rd, Saugerties, NY 12477

800-923-0641

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LEGAL TERMS

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

TITLE COMPANY

A company that issues title insurance.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

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.

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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Tivoli Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David Van Benschoten

Michel P. Haggerty

Jacqueline L Heubach

David A Roach

David Nilson

Anna W. Kirschner

Douglas Frederick Wicks

James M. Mcgarry

David Holley Carnright

Marie F. Bing

TIPS

LEGAL TERMS

TRUSTEE

INVENTORY

GRANT DEED

BEQUEATH

NONPROBATE

TITLE COMPANY

LIFE BENEFICIARY

RESIDUARY ESTATE

CONTINGENT BENEFICIARY

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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