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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

Raymond J. Dague

Wills & Probate, Family Law, Divorce, Constitutional Law, Corporate

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472 South Salina Street, Syracuse, NY 13202

C Samuel Beardsley

Estate, Wills & Probate, Family Law

Status: Licensed: 55 Years

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7106 S Salina St, Nedrow, NY 13120

Anna K. Holmberg

Litigation, Wills & Probate, Estate Planning, Elder Law, Other

Status: Licensed: 45 Years

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200 East Buffalo Street, Ithaca, NY 14850

Richard P Ruswick

Real Estate, Wills & Probate, Trusts, Bankruptcy, Estate

Status: Licensed: 39 Years

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121 E. Buffalo St., Ithaca, NY 14850

Gordon E Thompson

Real Estate, Wills & Probate, Trusts, Divorce & Family Law

Status: Licensed: 49 Years

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19 Chenango St, Binghamton, NY 13901

Aaron Kyle Eberle

Commercial Real Estate, Wills, Trusts, Corporate

Status: Licensed: 17 Years

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215 E State St, Ithaca, NY 14850

Elizabeth Bixler

Wills, Trusts, Estate Planning, Estate Administration

Status: Licensed: 53 Years

CONTACT

401 E State St, Ithaca, NY 14850

Lorraine Moynihan Schmitt

Litigation, International Other, Wills & Probate, Environmental Law Other, Real Estate

Status:

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109 E Seneca St, Ithaca, NY 14850

Stephen T. McMahon

Mental Health, Wills & Probate, Trusts, Estate Planning, Health Care

Status: Licensed: 39 Years

CONTACT

4942 Bulrush Rd, Syracuse, NY 13215

Joel N. Melnicoff

Social Security -- Disability, Collection, Banking & Finance, Wills & Probate

Status: Licensed: 60 Years

CONTACT

622 University Ave, Syracuse, NY 13210

800-923-0641

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LEGAL TERMS

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.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

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.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

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.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

SURROGATE COURT

See probate court.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

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

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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Cincinnatus Wills & Probate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Raymond J. Dague

C Samuel Beardsley

Anna K. Holmberg

Richard P Ruswick

Gordon E Thompson

Aaron Kyle Eberle

Elizabeth Bixler

Lorraine Moynihan Schmitt

Stephen T. McMahon

Joel N. Melnicoff

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LEGAL TERMS

BANKRUPTCY ESTATE

GENERATION-SKIPPING TRUST

GENERATION-SKIPPING TRANSFER TAX

GRANT DEED

PROBATE COURT

DEVISEE

SURROGATE COURT

GRANTOR

SELF-PROVING WILL

SAMPLE LEGAL CASES

Matter of Colverd

MTR OF AMERICAN COMM. v. Dunn

Matter of Paigo

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