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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.
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Roman Aminov

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Estate, Accident & Injury, Real Estate, Health Care, Business

Compassionate Estate Planning, Probate, and Elder Law Attorney

Law Offices Of Roman Aminov- NYC Estate Probate Lawyer Call Roman A. Esq. At 212-201-9299. Roman is the Winner Of The Super Lawyers® 2016 Rising St... (more)

FREE CONSULTATION

CONTACT

800-839-1750

260 Madison Ave #204, New York, NY 10021

Jason David Jones

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Estate, Business

Jason D. Jones, Esq., our office’s founder, opened our office in 2018 after working for well over a decade in trusts & estates, estate administratio... (more)

FREE CONSULTATION

CONTACT

646-768-4248

745 Fifth Avenue, New York, NY 10151

Alexander Paykin

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Real Estate, Business, Lawsuit & Dispute, Estate, Litigation

Commercial and Real Estate Attorney handling Litigation, Transactions and General Counsel

At The Law Office of Alexander Paykin, P.C., each client is treated with the respect, attention, and expert legal care they deserve, while undergoing ... (more)

FREE CONSULTATION

CONTACT

800-747-9261

45 Rockefeller Plaza, 20th Floor, New York, NY 10111

Robert A. Klipstein

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Immigration, Estate Planning

Mr. Klipstein concentrates in two areas of the law: 1. Trusts and Estates, Estate Planning, Wills, Estate Administration, and Estate, Gift and Inco... (more)

CONTACT

800-749-7941

810 7th Ave, New York, NY 10019

Robert Stephen Sikorski

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Wills & Probate, Real Estate, International Other, International Arbitration

At Busson & Sikorski, P.C., we know that you deserve the best legal advocates possible. Whether you're looking for an immigration lawyer in NYC or adv... (more)

FREE CONSULTATION

CONTACT

800-756-2880

381 Park Avenue South, New York, NY 10016

Christopher Pierre Anderson

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Estate Planning, Civil Rights, Business & Trade, Bankruptcy, Landlord-Tenant

Christopher Anderson is a practicing lawyer in the state of New York handling a variety of legal matters.

CONTACT

646-367-2907

1270 Avenue Of The Americas, New York, NY 10020

Arnold Henry Pedowitz

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Employment, Real Estate, Trusts, Estate, Litigation

I have an LLM in Labor Law from NYU's School of Law

Arnold H. Pedowitz is a Partner with Pedowitz & Meister LLP in New York where he practices plaintiff-side employment law. Mr. Pedowitz is a member of ... (more)

CONTACT

800-425-0881

260 Madison Ave, New York, NY 10016

Irina Yadgarova

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Estate, Wills & Probate, Trusts, Elder Law

Providing outstanding legal services and counsel in the areas of Estate, Probate and Elder Law.

Attorney Irina Yadgarova focuses her practice on Trusts & Estates, Probate & Administration, Elder Law, and Real Estate. She is licensed to practice l... (more)

FREE CONSULTATION

CONTACT

800-765-5171

63-50 Wetherole Street, Rego Park, NY 11374

Michael Lebson Prigoff

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Estate

Michael Lebson Prigoff is a practicing lawyer in the state of New York handling Estate matters.

CONTACT

201-568-4000

870 Riverside Drive, New York, NY 10032

Morton L. Price

Estate

CONTACT

(646) 216-7522

260 Madison Ave #1800a, New York, NY 10016

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.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

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.

PUBLISHED WORK

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public o... (more...)

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public on an unrestricted basis. It is thus possible to display a work, or distribute it with restrictions on disclosure of its contents, without actually 'publishing' it. Both published and unpublished works are entitled to copyright protection, but some of the rules differ.

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.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

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.

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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Astoria Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Roman Aminov

Jason David Jones

Alexander Paykin

Robert A. Klipstein

Robert Stephen Sikorski

Christopher Pierre Anderson

Arnold Henry Pedowitz

Irina Yadgarova

Michael Lebson Prigoff

Morton L. Price

TIPS

LEGAL TERMS

AB TRUST

TRUST CORPUS

LAPSE

ABATEMENT

CONTINGENT BENEFICIARY

PUBLISHED WORK

DISINHERIT

ESTATE PLANNING

BANKRUPTCY ESTATE

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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