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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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Includes: Gift Taxation

Norman J. Mattar

Estate Planning, Personal Injury, Medical Malpractice, Car Accident

Status: In Good Standing

FREE CONSULTATION

CONTACT

8604 Main Street, Buffalo, NY 14221

Harry F. Mooney

Litigation, Estate Planning, Business & Trade, Products Liability

Status: In Good Standing

CONTACT

1300 Liberty Building, Buffalo, NY 14202

William Carl Meyer

Real Estate, Estate Planning, Estate, Elder Law

Status: In Good Standing Licensed: 29 Years

CONTACT

1925 Kensington Ave, Buffalo, NY 14215

Richard S. Binko

Immigration, Estate Planning

Status: In Good Standing Licensed: 42 Years

CONTACT

2427 William St, Buffalo, NY 14206

George A. Rusk

Commercial Real Estate, Estate Planning, Divorce & Family Law

Status: In Good Standing Licensed: 47 Years

CONTACT

70 Lamarck Dr, Buffalo, NY 14226

Katherine Leigh Wood

Litigation, Estate Planning, Business & Trade, Products Liability

Status: In Good Standing Licensed: 8 Years

CONTACT

205 Park Club Ln, Buffalo, NY 14221

Rebecca Elaine Tavares Chapman

Gaming & Alcohol, Estate Planning, Employment, Business

Status: In Good Standing Licensed: 22 Years

CONTACT

65 Lafayette Blvd, Buffalo, NY 14221

Kelly V. Zarcone

Estate Administration, Estate Planning, Family Law, Divorce & Family Law, Elder Law

Status: In Good Standing Licensed: 27 Years

CONTACT

3099 William Street, Buffalo, NY 14227

Madeline E. Aldrich

Elder Law, Estate Planning, Estate Administration

Status: In Good Standing Licensed: 3 Years

CONTACT

455 Cayuga Rd, Buffalo, NY 14225

John P Robshaw

Real Estate, Trusts, Estate Planning, Business Organization

Status: In Good Standing Licensed: 62 Years

CONTACT

5672 Main St, Buffalo, NY 14221

800-923-0641

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LEGAL TERMS

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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.

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.

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.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

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.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

DEED OF TRUST

See trust deed.

SAMPLE LEGAL CASES

Schneider v. Finmann

... maintain an action for legal malpractice. We now reverse and reinstate plaintiff's claim. Strict privity, as applied in the context of estate planning malpractice actions, is a minority rule in the United States. [1] In New York, a third ...

Fielding v. Kupferman

... The documents at issue in Bishop were estate planning instruments executed by the plaintiff who believed that he was giving his wife a life estate and was not limiting his access to his life savings (Bishop, 33 AD3d 497, 501 [2006], affd 9 NY3d 910 [2007]). ...

Kram Knarf, LLC v. Djonovic

... The client's malpractice complaint was silent as to how the attorneys misled him, what they failed to explain to him concerning the estate planning documents he executed, and which of his instructions those documents did not reflect (33 AD3d at 498-499). ...

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Depew Estate Planning Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Norman J. Mattar

Harry F. Mooney

William Carl Meyer

Richard S. Binko

George A. Rusk

Katherine Leigh Wood

Rebecca Elaine Tavares Chapman

Kelly V. Zarcone

Madeline E. Aldrich

John P Robshaw

TIPS

LEGAL TERMS

PERSONAL PROPERTY

FAILURE OF ISSUE

IN TERROREM

PROPERTY CONTROL TRUST

DISTRIBUTEE

MINERAL RIGHTS

SPRINKLING TRUST

HOLOGRAPHIC WILL

DEED OF TRUST

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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