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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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Robert H. Gurbacki

Estate, Divorce, Divorce & Family Law, Personal Injury, Criminal

Status: In Good Standing Licensed: 44 Years

CONTACT

471 Main St, East Aurora, NY 14052

David Howard Blackmon

Landlord-Tenant, Motor Vehicle, Estate, Divorce

Status: In Good Standing Licensed: 27 Years

CONTACT

471 Main St, East Aurora, NY 14052

Janet Lynn Bensman

Social Security, Estate, Child Custody, Disability, Special Education

Status: In Good Standing Licensed: 40 Years

CONTACT

135 Geneva Rd, East Aurora, NY 14052

George Russell Blair

Litigation, Municipal, Estate Planning, Criminal

Status: In Good Standing Licensed: 51 Years

CONTACT

681 Main St, East Aurora, NY 14052

Racheal Christine Irizarry

Trusts, Business & Trade, Wills, Business

Status: In Good Standing Licensed: 23 Years

CONTACT

636 Girard Ave, East Aurora, NY 14052

Catherine Eleanore Nagel

Estate, Child Custody, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 26 Years

CONTACT

6438 W Quaker St, Orchard Park, NY 14127

Andrew C. Hilton III

Real Estate, Trusts, Wills & Probate

Status: In Good Standing Licensed: 39 Years

CONTACT

4063 N Buffalo St, Orchard Park, NY 14127

Kevin William Hourihan

Landlord-Tenant, Estate

Status: In Good Standing Licensed: 25 Years

CONTACT

4211 N Buffalo Rd, Orchard Park, NY 14127

Edward Andrew Pace

Housing & Urban Development, Estate Planning, Criminal, Civil & Human Rights

Status: In Good Standing Licensed: 47 Years

CONTACT

4513 S Buffalo St, Orchard Park, NY 14127

Debra K. Bender

Real Estate, Estate, Criminal

Status: In Good Standing Licensed: 42 Years

CONTACT

6459 W Quaker St, Orchard Park, NY 14127

800-923-0641

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LEGAL TERMS

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

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.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

FAMILY POT TRUST

See pot 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.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

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.

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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West Falls Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Robert H. Gurbacki

David Howard Blackmon

Janet Lynn Bensman

George Russell Blair

Racheal Christine Irizarry

Catherine Eleanore Nagel

Andrew C. Hilton III

Kevin William Hourihan

Edward Andrew Pace

Debra K. Bender

TIPS

LEGAL TERMS

ABSTRACT OF TRUST

FINAL BENEFICIARY

STATUTORY SHARE

BENEFICIARY

RESIDUARY BENEFICIARY

FAMILY POT TRUST

RESIDUARY ESTATE

SWEARING MATCH

GRANT DEED

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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