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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
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John Virdone

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Divorce & Family Law, Child Custody, Estate, Wills & Probate, Elder Law

The goal of The Virdone Law Firm, P.C. is to provide unparalleled legal representation.

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516-570-3875

1600 Stewart Avenue, Westbury, NY 11590

Anthony A. Nozzolillo, Esq.

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Real Estate, Litigation, Business, Personal Injury, Estate

Seasoned Real Estate and General Practice Attorney

Anthony A. Nozzolillo, Esq. is seasoned attorney representing individual and corporate buyers, sellers, and lenders in both routine and complex reside... (more)

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516-600-9750

2163 Merrick Avenue, Merrick, NY 11566

Frank Nicholas Mavroudis

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Estate

Mr. Frank Mavroudis has been licensed for 37 years, is full of knowledge, and is eager to help you with your case.

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516-596-4400

115 A Broadway, Hicksville, NY 11801

Robert E. Baumann

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Estate

Robert Baumann is a practicing lawyer in the state of New York handling Estate matters.

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516-292-1111

23 S Main St, Freeport, NY 11520

N. Richard Wool

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

Status: In Good Standing

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475 South Oyster Bay Road, Plainview, NY 11803

Alissa Joy Wool

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

Status: In Good Standing

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475 South Oyster Bay Road, Plainview, NY 11803

John Martin Bigler

Real Estate, Elder Law, Estate Planning

Status: In Good Standing Licensed: 48 Years

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1421 Wantagh Ave, Wantagh, NY 11793

Jean M. Kestel

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

Status: Retired Licensed: 40 Years

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154 Spring Drive, East Meadow, NY 11554

Lois Carter Schlissel

Accident & Injury, Employment, Estate, Lawsuit & Dispute

Status: In Good Standing Licensed: 49 Years

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990 Stewart Avenue, Garden City, NY 11530

Matthew K. Tannenbaum

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

Status: In Good Standing Licensed: 34 Years

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825 East Gate Boulevard, Garden City, NY 11530

800-923-0641

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LEGAL TERMS

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

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.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

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.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

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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Levittown Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John Virdone

Anthony A. Nozzolillo, Esq.

Frank Nicholas Mavroudis

Robert E. Baumann

N. Richard Wool

Alissa Joy Wool

John Martin Bigler

Jean M. Kestel

Lois Carter Schlissel

Matthew K. Tannenbaum

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LEGAL TERMS

TRUST MERGER

BENEFICIARY

LETTERS TESTAMENTARY

PERSONAL PROPERTY

INHERIT

GENERATION-SKIPPING TRUST

INTER VIVOS TRUST

AB TRUST

DEVISEE

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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