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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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Paul Bradford Phinney

Real Estate, Lawsuit & Dispute, Estate

Status: Licensed: 48 Years

CONTACT

566 Route 303 South, Blauvelt, NY 10913

Gerald William Mcevoy

Government, Estate, Civil & Human Rights

Status: Licensed: 40 Years

CONTACT

161 Leber Rd, Blauvelt, NY 10913

Stephen L. Reineke

Real Estate, Estate, Business

Status: Licensed: 52 Years

CONTACT

Central Valley, NY 10917

David Lawrence Levinson

Government, Estate, Divorce & Family Law, Criminal

Status: Licensed: 57 Years

CONTACT

Central Valley, NY 10917

Michael Ben-Jacob

Estate

Status: Licensed: 26 Years

CONTACT

290 Ackertown Road, Chestnut Ridge, NY 10952

Marie Ann Corliss

Trusts, Estate, Elder Law, Defamation & Slander

Status: Licensed: 40 Years

CONTACT

26 Pumphouse Road, Cortlandt Manor, NY 10567

Ivonne Suset Santos

Real Estate, Estate, Divorce & Family Law

Status: Licensed: 26 Years

CONTACT

11 Ramapo Rd, Garnerville, NY 10923

Phyllis Weinstein Shandler

Accident & Injury, Criminal, Estate, Workers' Compensation

Status: Licensed: 39 Years

CONTACT

90 New Main St, Haverstraw, NY 10927

George Michael Drosdowich

Energy, Estate, Criminal

Status: Licensed: 27 Years

CONTACT

488 Old Dutch Hollow Road, Monroe, NY 10950

Denise Ann Sullivan

Real Estate, Government, Estate, Accident & Injury

Status: Licensed: 25 Years

CONTACT

334 S Middletown Rd, Nanuet, NY 10954

800-814-6700

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LEGAL TERMS

CREDIT SHELTER TRUST

See AB trust.

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.

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.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

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.

TESTAMENTARY TRUST

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

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

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, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Paul Bradford Phinney

Gerald William Mcevoy

Stephen L. Reineke

David Lawrence Levinson

Michael Ben-Jacob

Marie Ann Corliss

Ivonne Suset Santos

Phyllis Weinstein Shandler

George Michael Drosdowich

Denise Ann Sullivan

TIPS

LEGAL TERMS

CREDIT SHELTER TRUST

NONPROBATE

ADMINISTRATION (OF AN ESTATE)

LIVING TRUST

HEIR APPARENT

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

TESTAMENTARY TRUST

SPENDTHRIFT TRUST

PROPERTY CONTROL TRUST

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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