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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

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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Patricia Galteri

Education, Trusts, Estate

Status: In Good Standing

CONTACT

Garden City, NY 11530

Betty Leigh Atlas

Transportation & Shipping, Immigration, Medicare & Medicaid, Estate

Status: In Good Standing

CONTACT

1205 Franklin Ave, Garden City, NY 11530

Patricia Anne Fleck

Real Estate, Estate, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 39 Years

CONTACT

1205 Franklin Ave, Garden City, NY 11530

Lori Sue April

Real Estate, Estate, Business

Status: In Good Standing Licensed: 39 Years

CONTACT

377 Oak St, Garden City, NY 11530

Ellen Garwin Makofsky

Health Care Other, Trusts, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 39 Years

CONTACT

600 Old Country Rd, Garden City, NY 11530

Steven Aaron Horowitz

International Tax, Estate Planning, Elder Law, Business & Trade

Status: In Good Standing Licensed: 40 Years

CONTACT

990 Stewart Ave, Garden City, NY 11530

David N. Wechsler

International, Trusts, Estate

Status: In Good Standing

CONTACT

400 Garden City Plaza, Garden City, NY 11530

Robert John Sparaco

Real Estate, Estate, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 38 Years

CONTACT

1205 Franklin Ave, Garden City, NY 11530

James Ricca

Real Estate, Estate, Banking & Finance, Business

Status: In Good Standing

CONTACT

333 Earle Ovington Blvd, Garden City, NY 11553

Madelynn Russell Mason

Lawsuit & Dispute, Estate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 37 Years

CONTACT

377 Oak St, Garden City, NY 11530

800-923-0641

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LEGAL TERMS

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

FAMILY POT TRUST

See pot trust.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

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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Garden City Estate Lawyer, New York, page 6

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Patricia Galteri

Betty Leigh Atlas

Patricia Anne Fleck

Lori Sue April

Ellen Garwin Makofsky

Steven Aaron Horowitz

David N. Wechsler

Robert John Sparaco

James Ricca

Madelynn Russell Mason

TIPS

LEGAL TERMS

INVESTOR

AB TRUST

PETITION

ANCILLARY PROBATE

FAMILY POT TRUST

CHARITABLE TRUST

GENERATION-SKIPPING TRUST

PROBATE COURT

DISCHARGE (OF PROBATE ADMINISTRATOR)

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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