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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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LaurieAnne DeLitta

Divorce & Family Law, Estate, Real Estate

Status: In Good Standing

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5 MacDonald Avenue, Armonk, NY 10504

Adam L. Scharf

Criminal, Estate Planning, Family Law, Real Estate

Status: In Good Standing

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1025 Westchester Avenue, West Harrison, NY 10604

Susan B. Slater-Jansen

Estate, Estate Planning, Trusts, Wills & Probate

Status: In Good Standing Licensed: 43 Years

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399 Knollwood Road, White Plains, NY 10603

Susan G. Parker

Wills & Probate, Estate, Elder Law, Business Organization

Status: In Good Standing

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520 N State Rd, Briarcliff Manor, NY 10510

Wayne P. Stix

Estate Planning, Wills & Probate, Real Estate, Wills

Status: In Good Standing

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333 Westchester Avenue, West Harrison, NY 10604

Michael J. Riolo

Elder Law, Estate Planning, Trusts, Estate

Status: In Good Standing

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399 Knollwood Road, White Plains, NY 10603

Jordan Glass

Tax, Trusts, Estate

Status: In Good Standing Licensed: 30 Years

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7-11 Legion Dr, Valhalla, NY 10595

Linda Wishnick Markowitz

Divorce & Family Law, Estate, Real Estate, Divorce

Status: In Good Standing Licensed: 36 Years

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399 Knollwood Road, White Plains, NY 10603

George Kontogiannis

Real Estate, Visa, Estate, Employment, Corporate

Status: In Good Standing Licensed: 24 Years

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15 Fisher Ln, White Plains, NY 10603

James D. Rice

Real Estate, Lawsuit & Dispute, Estate, Employment

Status: In Good Standing Licensed: 45 Years

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Briarcliff Manor, NY 10510

800-923-0641

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LEGAL TERMS

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.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

TESTAMENTARY TRUST

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

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB 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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Thornwood Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

LaurieAnne DeLitta

Adam L. Scharf

Susan B. Slater-Jansen

Susan G. Parker

Wayne P. Stix

Michael J. Riolo

Jordan Glass

Linda Wishnick Markowitz

George Kontogiannis

James D. Rice

TIPS

LEGAL TERMS

AB TRUST

ENTITY

SUCCESSOR TRUSTEE

INVESTOR

RULE AGAINST PERPETUITIES

SECONDARY MEANING

CHARITABLE TRUST

TESTAMENTARY TRUST

LIFE BENEFICIARY

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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