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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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Kurt D. Schulte

Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 41 Years

CONTACT

12 Club Ave, Oneonta, NY 13820

Richard A. Harlem

Real Estate, Estate, Estate Planning

Status: In Good Standing Licensed: 41 Years

CONTACT

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

CONTACT

172 County Highway 12, Laurens, NY 13796

George R. Silvernell

Real Estate, Government, Estate

Status: In Good Standing Licensed: 67 Years

CONTACT

21 Walnut 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

Meredith Leigh Baio

Commercial Real Estate, Residential Real Estate, Wills & Probate, Trusts, Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

1 Ford Ave, Oneonta, NY 13820

Catherine M Hannan

Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 28 Years

CONTACT

189 Main 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

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.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

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).

MARITAL LIFE ESTATE TRUST

See AB trust.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

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 Oneonta Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Kurt D. Schulte

Richard A. Harlem

Rodney L. Klafehn

George R. Silvernell

Ellen Leary Coccoma

Meredith Leigh Baio

Catherine M Hannan

Hollie J. Jaffe

TIPS

LEGAL TERMS

POUR-OVER WILL

INCOMPETENCE

HEIR AT LAW

GRANTOR RETAINED INCOME TRUST

MARITAL LIFE ESTATE TRUST

RULE AGAINST PERPETUITIES

KINDRED

SELF-PROVING WILL

BANKRUPTCY ESTATE

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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