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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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Jeffrey Edward Litman

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Accident & Injury, Bankruptcy & Debt, Criminal, Estate

Eugene Litman, Esq. established Litman & Litman, P.C. in 1958. Eugene raised his four sons with aspirations that they would join him in the legal prof... (more)

CONTACT

516-353-1500

5 Bering Ct., Woodbury, NY 11797

Steven William Stutman

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Real Estate, Consumer Bankruptcy, Wills & Probate, Bankruptcy

Steven Stutman is a practicing lawyer in the state of New York handling Real Estate and Estate matters.

FREE CONSULTATION

CONTACT

631-393-6001

535 Broadhollow Road, Melville, NY 11747

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.

CONTACT

516-596-4400

115 A Broadway, Hicksville, NY 11801

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.

FREE CONSULTATION

CONTACT

516-570-3875

1600 Stewart Avenue, Westbury, NY 11590

John Weber

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Bankruptcy & Debt, Real Estate, Estate, Credit & Debt, Collection

With the singular focus of individual Bankruptcy Law, we bring a collective effort to delivering personalized and effective representation to each of ... (more)

FREE CONSULTATION

CONTACT

800-910-2530

PO box 866, Amityville, NY 11701

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)

FREE CONSULTATION

CONTACT

516-600-9750

2163 Merrick Avenue, Merrick, NY 11566

Douglas P. Mayer

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Divorce & Family Law, Estate

The Law Office of Douglas P. Mayer is a full-service law firm concentrating in Matrimonial and Family Law, Personal Injury Litigation, Wills and Estat... (more)

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800-948-7591

114 Old Country Rd, Mineola, NY 11501

James F. Misiano

Estate Planning, Personal Injury, Real Estate, Trusts

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FREE CONSULTATION

CONTACT

510 Broadhollow Road, Melville, NY 11747

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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CONTACT

475 South Oyster Bay Road, Plainview, NY 11803

800-814-6700

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LEGAL TERMS

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.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

FAMILY POT TRUST

See pot trust.

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.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

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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Melville Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jeffrey Edward Litman

Steven William Stutman

Frank Nicholas Mavroudis

John Virdone

John Weber

Anthony A. Nozzolillo, Esq.

Douglas P. Mayer

James F. Misiano

N. Richard Wool

Alissa Joy Wool

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LEGAL TERMS

AUGMENTED ESTATE

ADMINISTRATION (OF AN ESTATE)

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

FAMILY POT TRUST

PROBATE COURT

PRETERMITTED HEIR

ACCUMULATION TRUST

PER STIRPES

POUR-OVER WILL

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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