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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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Includes: Estate Administration, Living Wills, Wills

Edward Anthony Fleck

Commercial Real Estate, Wills, Collection, Medical Malpractice

Status: Licensed: 42 Years

CONTACT

1205 Franklin Ave, Garden City, NY 11530

David H. Peirez

Motor Vehicle, Immigration, Medicare & Medicaid, Wills & Probate

Status: Licensed: 63 Years

CONTACT

1305 Franklin Ave, Garden City, NY 11530

Seymour J. Reisman

Motor Vehicle, Immigration, Medicare & Medicaid, Wills & Probate

Status: Licensed: 66 Years

CONTACT

1305 Franklin Ave, Garden City, NY 11530

Loretta A. Redmond

Aviation, Wills & Probate, Divorce & Family Law, Personal Injury

Status: Licensed: 36 Years

CONTACT

1205 Franklin Ave, Garden City, NY 11530

Komal Kumari Keluskar

Real Estate Other, Immigration, Medicare & Medicaid, Wills & Probate

Status: Licensed: 11 Years

CONTACT

1225 Franklin Ave, Garden City, NY 11530

James J. Mcguire

Personal Injury, Family Law, Wills & Probate, Commercial Real Estate

Status:

CONTACT

8 Kilburn Rd, Garden City, NY 11530

Robert James Lareddola

Landlord-Tenant, Wills & Probate

Status: Licensed: 30 Years

CONTACT

600 Old Country Rd, Garden City, NY 11530

John B. Riordan

Motor Vehicle, Immigration, Medicare & Medicaid, Wills & Probate

Status: Licensed: 56 Years

CONTACT

1305 Franklin Ave, Garden City, NY 11530

Joshua Ryan Berzak

Wills, Estate Planning, Elder Law

Status: Licensed: 11 Years

CONTACT

100 Quentin Roosevelt Blvd, Garden City, NY 11530

Ilene Sherwyn Cooper

Wills & Probate

Status: Licensed: 45 Years

CONTACT

400 Rxr Plaza, Uniondale, NY 11556

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LEGAL TERMS

TITLE COMPANY

A company that issues title insurance.

PUBLISHED WORK

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public o... (more...)

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public on an unrestricted basis. It is thus possible to display a work, or distribute it with restrictions on disclosure of its contents, without actually 'publishing' it. Both published and unpublished works are entitled to copyright protection, but some of the rules differ.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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.'

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

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.

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.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

SAMPLE LEGAL CASES

Matter of Colverd

... Spain, J. 972 Decedent died in 2000. Thereafter, petitionerâ€”decedent's unmarried companion of nearly 30 yearsâ€”commenced this proceeding in Surrogate's Court, as named executor, seeking probate of decedent's will. Three ...

MTR OF AMERICAN COMM. v. Dunn

... This appeal requires us to determine the standard applicable to a petition to vacate a probate decree brought by a nonparty to an initial probate proceeding and based upon "newlydiscovered evidence," which allegedly demonstrates that a probated will was procured through ...

Matter of Paigo

... Decedent died in June 2006 and petitioner sought to probate the will. ... Petitioner then moved for summary judgment 838 seeking dismissal of the objections and admitting the will to probate. Concluding that issues of fact existed, Surrogate's Court denied the motion. ...

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Hempstead Wills & Probate Lawyer, New York, page 3

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Edward Anthony Fleck

David H. Peirez

Seymour J. Reisman

Loretta A. Redmond

Komal Kumari Keluskar

James J. Mcguire

Robert James Lareddola

John B. Riordan

Joshua Ryan Berzak

Ilene Sherwyn Cooper

TIPS

LEGAL TERMS

TITLE COMPANY

PUBLISHED WORK

AUGMENTED ESTATE

INCOMPETENCE

SURVIVING SPOUSE'S TRUST

NONPROBATE

RESIDUARY ESTATE

GENERATION-SKIPPING TRANSFER TAX

CONSERVATOR

SAMPLE LEGAL CASES

Matter of Colverd

MTR OF AMERICAN COMM. v. Dunn

Matter of Paigo

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