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Abraham Michelson
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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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Daniel Joseph Pacella

Real Estate, Immigration, Government, Estate

Status: In Good Standing Licensed: 33 Years

CONTACT

16 Spruce St, Orangeburg, NY 10962

David Howe

Real Estate, Lawsuit & Dispute, Government, Wills & Probate

Status: In Good Standing

CONTACT

Orangeburg, NY 10962

Bruce Allan Rogers

Real Estate, International, Estate, Business

Status: In Good Standing Licensed: 60 Years

CONTACT

100 Dutch Hill Rd, Orangeburg, NY 10962

Lawrence Andrew Codispoti

International, Health Care, Estate

Status: In Good Standing

CONTACT

100 Dutch Hill Rd, Orangeburg, NY 10962

Jan Hayward Raymond

Tax, Real Estate Other, Traffic, Trusts

Status: In Good Standing Licensed: 43 Years

CONTACT

917 Route 9W S, Nyack, NY 10960

Mindy Ruth Zlotogura

Real Estate, Estate, Business

Status: In Good Standing

CONTACT

22 Wolfe Cir, West Nyack, NY 10994

Sydell Joan Green

Real Estate, Estate, Business

Status: In Good Standing Licensed: 42 Years

CONTACT

229 Ehrhardt Rd, Pearl River, NY 10965

Schenley D. Vital

International, Estate, Employment, Business

Status: In Good Standing Licensed: 14 Years

CONTACT

48 S Franklin St, Nyack, NY 10960

Kevin F. Hobbs

Tax, Estate Planning, Elder Law, Transactions

Status: In Good Standing

CONTACT

96 South Broadway, Nyack, NY 10960

Albert J. Kaiser

Wills & Probate, Trusts, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

96 South Broadway, Nyack, NY 10960

800-923-0641

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LEGAL TERMS

KINDRED

Under some state's probate codes, all relatives of a deceased person.

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.

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.

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.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

TITLE COMPANY

A company that issues title insurance.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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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Blauvelt Estate Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Daniel Joseph Pacella

David Howe

Bruce Allan Rogers

Lawrence Andrew Codispoti

Jan Hayward Raymond

Mindy Ruth Zlotogura

Sydell Joan Green

Schenley D. Vital

Kevin F. Hobbs

Albert J. Kaiser

TIPS

LEGAL TERMS

KINDRED

RULE AGAINST PERPETUITIES

GENERATION-SKIPPING TRANSFER TAX

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

WILL

TITLE COMPANY

RESIDUARY BENEFICIARY

FAMILY ALLOWANCE

OFFICER

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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