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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
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Charlene E McGraw

Real Estate, Trusts, Elder Law, Wills & Probate

Status:

CONTACT

1342 NEW SENECA TURNPIKE, SKANEATELES, NY 13152

David Alan Contiguglia

Real Estate, Estate, Civil & Human Rights, Bankruptcy & Debt

Status:

CONTACT

100 Genesee St, Auburn, NY 13021

David Arthur Loftus

Government, Estate

Status: Licensed: 51 Years

CONTACT

3358 Kane Avenue, Skaneateles, NY 13152

Jill L. Terry

Real Estate, Wills & Probate, Employment Discrimination, Divorce & Family Law

Status: Licensed: 31 Years

CONTACT

8834 Weed St, Weedsport, NY 13166

John Patrick Mclane

Trusts, Estate, Civil & Human Rights, Business

Status: Licensed: 57 Years

CONTACT

110 Genesee St, Auburn, NY 13021

John A. Karpinski

Real Estate, Estate, Civil & Human Rights, Business

Status: Licensed: 55 Years

CONTACT

110 Genesee St, Auburn, NY 13021

Joseph M. Wolczyk

Real Estate, Government, Estate, Accident & Injury

Status: Licensed: 42 Years

CONTACT

164 State St, Auburn, NY 13021

Linus Ward Walton

Litigation, Government, Wills & Probate, Personal Injury

Status: Licensed: 44 Years

CONTACT

11 E Genesee St, Skaneateles, NY 13152

Louis Peter Contiguglia

Other, Real Estate, Estate

Status:

CONTACT

100 Genesee St, Auburn, NY 13021

Riccardo Thomas Galbato

Real Estate, Estate, Employment, Civil & Human Rights

Status: Licensed: 31 Years

CONTACT

71 Genesee St, Auburn, NY 13021

800-814-6700

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LEGAL TERMS

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

CURATOR

See conservator.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

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.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no 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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Weedsport Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Charlene E McGraw

David Alan Contiguglia

David Arthur Loftus

Jill L. Terry

John Patrick Mclane

John A. Karpinski

Joseph M. Wolczyk

Linus Ward Walton

Louis Peter Contiguglia

Riccardo Thomas Galbato

TIPS

LEGAL TERMS

FAILURE OF ISSUE

MINERAL RIGHTS

PREDECEASED SPOUSE

RESIDUARY ESTATE

SWEARING MATCH

CURATOR

ESTATE TAXES

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

IN TERROREM

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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