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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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Includes: Estate Administration, Living Wills, Wills

James G. Brennan

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

Status: In Good Standing

CONTACT

39 North Pearl Street, Albany, NY 12207

Janet M. Thayer

Commercial Real Estate, Estate Administration, Elder Law, Business Organization

Status: In Good Standing

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226 Great Oaks Boulevard, Albany, NY 12203

Scott Lukowski

Family Law, Wills & Probate, Corporate, Wills

Status: In Good Standing

FREE CONSULTATION

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20 Corporate Woods Boulevard, Albany, NY 12211

A. A. Stephen Douglas Commins

Motor Vehicle, Immigration, Wills & Probate, Wrongful Termination

Status: In Good Standing Licensed: 37 Years

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125 Wolf Rd, Albany, NY 12205

Anne Elizabeth Barschall

Intellectual Property, Wills & Probate

Status: In Good Standing Licensed: 41 Years

CONTACT

6283 Johnston Rd, Albany, NY 12203

Caroline Weekes Trimble Lang

Estate, Real Estate, Estate Planning, Wills & Probate

Status: In Good Standing Licensed: 11 Years

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39 N Pearl St, Albany, NY 12207

Charles Terry Kriss

Landlord-Tenant, Wills & Probate, Employment Discrimination, Bankruptcy & Debt

Status: In Good Standing Licensed: 45 Years

CONTACT

350 Northern Blvd, Albany, NY 12204

Craig Norman

Education, Real Estate, Wills & Probate, Personal Injury, Health Care Other

Status: In Good Standing Licensed: 47 Years

CONTACT

817 Madison Ave, Albany, NY 12208

Crystal Rose Peck

Real Estate, Government, Wills & Probate, Civil & Human Rights

Status: In Good Standing Licensed: 18 Years

CONTACT

5 Pine West Plaza, Albany, NY 12205

Dennis W. Habel

Education, Landlord-Tenant, Wills & Probate, Estate, Employment

Status: In Good Standing Licensed: 39 Years

CONTACT

39 N Pearl St, Albany, NY 12207

800-923-0641

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LEGAL TERMS

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.

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.

CURATOR

See conservator.

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.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

SAMPLE LEGAL CASES

Matter of Colverd

... Spain, J. 972 Decedent died in 2000. Thereafter, petitionerâ€”decedent's unmarried companion of nearly 30 yearsâ€”commenced this proceeding in Surrogate's Court, as named executor, seeking probate of decedent's will. Three ...

MTR OF AMERICAN COMM. v. Dunn

... This appeal requires us to determine the standard applicable to a petition to vacate a probate decree brought by a nonparty to an initial probate proceeding and based upon "newlydiscovered evidence," which allegedly demonstrates that a probated will was procured through ...

Matter of Paigo

... Decedent died in June 2006 and petitioner sought to probate the will. ... Petitioner then moved for summary judgment 838 seeking dismissal of the objections and admitting the will to probate. Concluding that issues of fact existed, Surrogate's Court denied the motion. ...

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Feura Bush Wills & Probate Lawyer, New York

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The Michelson Law Office

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James G. Brennan

Janet M. Thayer

Scott Lukowski

A. A. Stephen Douglas Commins

Anne Elizabeth Barschall

Caroline Weekes Trimble Lang

Charles Terry Kriss

Craig Norman

Crystal Rose Peck

Dennis W. Habel

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LEGAL TERMS

DISINHERIT

INVESTOR

CURATOR

AB TRUST

SUCCESSION

PUBLIC ADMINISTRATOR

GENERATION-SKIPPING TRANSFER TAX

PROBATE COURT

POWER OF APPOINTMENT

SAMPLE LEGAL CASES

Matter of Colverd

MTR OF AMERICAN COMM. v. Dunn

Matter of Paigo

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