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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 Barry Ugell

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Divorce & Family Law, Foreclosure, Bankruptcy & Debt, Criminal, Wills & Probate

As an experienced New York attorney, I have seen how legal problems and debt can consume people’s lives. I am attorney Scott Ugell. I provide legal ... (more)

CONTACT

845-639-7011

151 N. Main Street, New City, NY 10956

Hugh Janow

Business Organization, International, Wills & Probate, Corporate, International Tax

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One Blue Hill Plaza, Pearl River, NY 10965

Carolyn J. Strassberg

Wills & Probate, Elder Law, Estate Planning, Wills

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One Blue Hill Plaza, Pearl River, NY 10965

Lori J. Perlman

Wills & Probate, Estate Planning, Wills, Trusts

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One Blue Hill Plaza, Pearl River, NY 10965

Michelle H. Frank

Business Organization, Wills & Probate, Estate Planning, Tax

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One Blue Hill Plaza, Pearl River, NY 10965

Glen P. Malia

Traffic, Wills, Wills & Probate, Family Law

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FREE CONSULTATION

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2117 Crompond Road, Cortlandt Manor, NY 10567

Ira Michael Emanuel

Real Estate, Municipal, Wills & Probate, Estate Planning, Lawsuit & Dispute

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4 Laurel Rd, New City, NY 10956

M. Teresa A. Faherty

Wills & Probate, Estate, Divorce & Family Law, Car Accident

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20 S Main St, New City, NY 10956

R. Spencer Lauterbach

Corporate, Workout, Household Mold, Trusts

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151 North Main Street, New City, NY 10956

John Malcolm Chakan

Real Estate, Wills & Probate, Estate, Divorce, Elder Law

Status: Licensed: 53 Years

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747 Chestnut Ridge Rd, Spring Valley, NY 10977

800-814-6700

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LEGAL TERMS

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

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.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

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.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

INTER VIVOS TRUST

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

CURATOR

See conservator.

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.

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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Pomona Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Scott Barry Ugell

Hugh Janow

Carolyn J. Strassberg

Lori J. Perlman

Michelle H. Frank

Glen P. Malia

Ira Michael Emanuel

M. Teresa A. Faherty

R. Spencer Lauterbach

John Malcolm Chakan

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LEGAL TERMS

SPECIFIC BEQUEST

AB TRUST

DISINHERIT

POUR-OVER WILL

TESTAMENTARY TRUST

INTER VIVOS TRUST

CURATOR

DISCHARGE (OF PROBATE ADMINISTRATOR)

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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