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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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Timothy F Wilkens

Real Estate, Estate Planning, Environmental Law, Family Law

Status: In Good Standing

FREE CONSULTATION

CONTACT

215 State Street, Schenectady, NY 12301

Rebecca Morse Hout

Real Estate, Estate

Status: In Good Standing Licensed: 47 Years

CONTACT

Altamont, NY 12009

Stephen Van Mcquide

Real Estate, Estate, Criminal, Accident & Injury

Status: In Good Standing Licensed: 58 Years

CONTACT

88 Deer Cliff Rd, Voorheesville, NY 12186

Louis Raymond Neri

Real Estate, Estate, Criminal

Status: In Good Standing Licensed: 42 Years

CONTACT

Voorheesville, NY 12186

Linda Jane Clark

Litigation, Estate, Workers' Compensation, Accident & Injury

Status: In Good Standing Licensed: 32 Years

CONTACT

6490 Vosburgh Road, Altamont, NY 12009

John Martin Bagyi

Other, International, Estate, Business

Status: In Good Standing Licensed: 28 Years

CONTACT

19 East Claremont Drive, Voorheesville, NY 12186

Robert G. Randall

Commercial Real Estate, Government, Estate Planning, Estate

Status: In Good Standing Licensed: 50 Years

CONTACT

Guilderland, NY 12084

Paul M. Callahan

Criminal, Traffic, Estate, Power of Attorney, Real Estate

Status: In Good Standing Licensed: 48 Years

CONTACT

4886 Western Turnpike, Duanesburg, NY 12056

Danielle R Lange

Estate, Criminal, Business, Divorce & Family Law

Status: In Good Standing Licensed: 19 Years

CONTACT

114C Essex Cirlce, Guilderland, NY 12084

Stephen R. Markovits

International Tax, Corporate, Estate Planning, Estate Administration

Status: In Good Standing

CONTACT

52 Corporate Circle, Albany, NY 12203

800-923-0641

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LEGAL TERMS

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

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.

FAMILY POT TRUST

See pot trust.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

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.

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.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

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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Altamont Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Timothy F Wilkens

Rebecca Morse Hout

Stephen Van Mcquide

Louis Raymond Neri

Linda Jane Clark

John Martin Bagyi

Robert G. Randall

Paul M. Callahan

Danielle R Lange

Stephen R. Markovits

TIPS

LEGAL TERMS

CONTINGENT BENEFICIARY

ENTITY

FAMILY POT TRUST

DISTRIBUTEE

BANKRUPTCY ESTATE

NONPROBATE

IN TERROREM

SPRINKLING TRUST

SELF-PROVING WILL

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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