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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
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John Thomas Biscone

Real Estate, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 54 Years

CONTACT

186 Main St, Ravena, NY 12143

Sarah Marie Biscone

Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 24 Years

CONTACT

186 Main St, Ravena, NY 12143

Phillip M. Tribble

Real Estate, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 46 Years

CONTACT

Kinderhook, NY 12106

John P. Kingsley

Eminent Domain, Traffic, Wills & Probate, Workers' Compensation

Status: In Good Standing Licensed: 59 Years

CONTACT

Kinderhook, NY 12106

John P. Kingsley

Real Estate, Estate, Employment, Personal Injury

Status: In Good Standing

CONTACT

Kinderhook, NY 12106

Bernhardt Karp

International, Estate, Collection

Status: In Good Standing Licensed: 61 Years

CONTACT

1 Hudson City Ctr, Hudson, NY 12534

Matthew Joseph Griesemer

Real Estate, Lawsuit & Dispute, Estate, Business

Status: In Good Standing Licensed: 17 Years

CONTACT

138 Blossom Lane, Valatie, NY 12184

Stephen W. Dunn

Landlord-Tenant, Litigation, Trusts, Civil Rights

Status: In Good Standing

CONTACT

235 Robinson St, Hudson, NY 12534

Richard M. Koweek

Real Estate, Government, Estate

Status: In Good Standing Licensed: 46 Years

CONTACT

401 Union St, Hudson, NY 12534

Ira Halfond

Traffic, Wills & Probate, Employment, Child Custody

Status: In Good Standing Licensed: 41 Years

CONTACT

4 E Court St, Hudson, NY 12534

800-923-0641

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LEGAL TERMS

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

TITLE COMPANY

A company that issues title insurance.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

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.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

CREDIT SHELTER TRUST

See AB trust.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

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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Climax Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John Thomas Biscone

Sarah Marie Biscone

Phillip M. Tribble

John P. Kingsley

John P. Kingsley

Bernhardt Karp

Matthew Joseph Griesemer

Stephen W. Dunn

Richard M. Koweek

Ira Halfond

TIPS

LEGAL TERMS

PROPERTY CONTROL TRUST

INVENTORY

TITLE COMPANY

CHARITABLE TRUST

SPRINKLING TRUST

QDOT TRUST

CREDIT SHELTER TRUST

PER CAPITA

TRUSTEE

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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