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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
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Scott A Russell

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Criminal, Wills & Probate, Employee Rights, Banking & Finance

With experience serving the public as an Assistant District Attorney, prosecuting minor traffic infractions and serious felony offenses, as public def... (more)

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800-305-4491

P.O. Box 622, Rock Hill, NY 12775

Glenn Warren Magnell

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Criminal, DUI-DWI, Traffic, Divorce, Wills & Probate

Any unwanted contact with the police can be scary....even being stopped for a simple traffic offense can be stressful and scary. Actually being arres... (more)

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800-736-2670

162 Main Street, Goshen, NY 10924

Suzan Dann Paras

Wills & Probate, Estate Planning, Legal Malpractice, Animal Bite

Status: In Good Standing

FREE CONSULTATION

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1 Dolson Ave., Middletown, NY 10940

Arthur Shapiro

Real Estate, Estate Planning, Family Law, Criminal

Status: In Good Standing

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10 Matthews Street, Goshen, NY 10924

E. Danielle Jose-Decker

Family Law, Land Use & Zoning, Wills, Traffic

Status: In Good Standing

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17 St. John Street, Monticello, NY 12701

Richard J. Shapiro

Government Agencies, Wills & Probate, Corporate, Banking & Finance

Status: In Good Standing

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10 Matthews Street, Goshen, NY 10924

Mindy Menke

Wills & Probate, Government Agencies, Wills, Trusts

Status: In Good Standing

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10 Matthews Street, Goshen, NY 10924

Richard B Golden

Construction, Estate Planning, Corporate, Contract

Status: In Good Standing

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40 Matthews St., Goshen, NY 10924

Matthew D. Witherow

Real Estate, Estate, Criminal, Accident & Injury

Status: In Good Standing Licensed: 24 Years

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41 Sussex St, Port Jervis, NY 12771

Gary M. Sobo

Eminent Domain, Wills & Probate, Corporate, Business Organization

Status: In Good Standing Licensed: 55 Years

CONTACT

1 Dolson Ave, Middletown, NY 10940

800-923-0641

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LEGAL TERMS

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.

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.

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.

FAMILY POT TRUST

See pot trust.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

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.

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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Huguenot Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Scott A Russell

Glenn Warren Magnell

Suzan Dann Paras

Arthur Shapiro

E. Danielle Jose-Decker

Richard J. Shapiro

Mindy Menke

Richard B Golden

Matthew D. Witherow

Gary M. Sobo

TIPS

LEGAL TERMS

FINAL BENEFICIARY

PETITION

GRANT DEED

FAMILY POT TRUST

FAMILY ALLOWANCE

ALTERNATE BENEFICIARY

PUBLIC ADMINISTRATOR

QTIP TRUST

AUGMENTED 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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