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Abraham Michelson
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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
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N. Richard Wool

Family Law, Wills & Probate, Transportation & Shipping, Corporate

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475 South Oyster Bay Road, Plainview, NY 11803

Alissa Joy Wool

Family Law, Wills & Probate, Transportation & Shipping, Corporate

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475 South Oyster Bay Road, Plainview, NY 11803

Jasleen Kaur Anand

Dispute Resolution, Banking & Finance, Estate Administration, Estate Planning

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500 Old Country Road, Garden City, NY 11530

Michael A. Cohen

Power of Attorney, Real Estate Other, Estate, Domestic Violence & Neglect, Divorce & Family Law

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400 Garden City Plaza, Garden City, NY 11530

Lois Carter Schlissel

Accident & Injury, Employment, Estate, Lawsuit & Dispute

Status: Licensed: 50 Years

FREE CONSULTATION

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990 Stewart Avenue, Garden City, NY 11530

Jean M. Kestel

Real Estate, Estate, Wills & Probate, Commercial Real Estate

Status: Licensed: 41 Years

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154 Spring Drive, East Meadow, NY 11554

Matthew K. Tannenbaum

Landlord-Tenant, Real Estate, Traffic, Wills & Probate

Status: Licensed: 35 Years

FREE CONSULTATION

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825 East Gate Boulevard, Garden City, NY 11530

Irwin G. Klein

Estate, Immigration, Criminal, Real Estate, Bankruptcy & Debt

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FREE CONSULTATION

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825 E Gate Blvd, Garden City, NY 11530

Lewis Edelstein

Estate, Family Law, Divorce & Family Law, Elder Law

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300 Garden City Plaza, Garden City, NY 11530

Lawrence Neal Berwitz

Estate, Trusts, Elder Law, Power of Attorney, Wills & Probate

Status: Licensed: 46 Years

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310 Old Country Rd, Garden City, NY 11530

800-814-6700

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LEGAL TERMS

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

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.

CURATOR

See conservator.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

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.

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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East Meadow Estate Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

N. Richard Wool

Alissa Joy Wool

Jasleen Kaur Anand

Michael A. Cohen

Lois Carter Schlissel

Jean M. Kestel

Matthew K. Tannenbaum

Irwin G. Klein

Lewis Edelstein

Lawrence Neal Berwitz

TIPS

LEGAL TERMS

ESTATE TAXES

HEIR APPARENT

BANKRUPTCY ESTATE

CURATOR

LAPSE

DEATH TAXES

SUCCESSION

ESTATE PLANNING

INTESTATE SUCCESSION

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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