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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
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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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Julia Hale Purdy

Real Estate, Estate

Status: In Good Standing Licensed: 30 Years

CONTACT

382 Sweetman Rd, Ballston Lake, NY 12020

Kelly Dawn Hoyt

Divorce & Family Law, Residential Real Estate, Wills & Probate, Power of Attorney, Motor Vehicle

Status: In Good Standing Licensed: 27 Years

FREE CONSULTATION

CONTACT

215 County Highway 155, Broadalbin, NY 12025

Bethany Barbra Schumann-Mcghee

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 19 Years

CONTACT

207 Wallins Corners Rd, Amsterdam, NY 12010

Thomas Edward Sise

Real Estate, Estate

Status: In Good Standing Licensed: 43 Years

CONTACT

120 Genesee Lane, Amsterdam, NY 12010

Robert Kelly

Real Estate, Wills & Probate, Criminal, Mesothelioma

Status: In Good Standing

CONTACT

116 Country Ridge Ct, Amsterdam, NY 12010

Sarah Irene Wood

Estate, Family Law, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 16 Years

CONTACT

658 Malta Ave, Ballston Lake, NY 12020

James Anthony Fauci

Lawsuit & Dispute, Estate, Criminal, Accident & Injury

Status: In Good Standing Licensed: 29 Years

CONTACT

30 Remsen St, Ballston Lake, NY 12020

Kevin John Tollisen

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

Status: In Good Standing Licensed: 27 Years

CONTACT

215 Park Ave, Ballston Lake, NY 12118

Ifigenia T. Brown

Industry Specialties, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 69 Years

CONTACT

1 E High St, Ballston Lake, NY 12020

Christopher John Dodd

International, Gift Taxation

Status: Deceased Licensed: 23 Years

CONTACT

1414 State Highway 5-S, Amsterdam, NY 12010

800-923-0641

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LEGAL TERMS

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

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.

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.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

TITLE COMPANY

A company that issues title insurance.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

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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Galway Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Julia Hale Purdy

Kelly Dawn Hoyt

Bethany Barbra Schumann-Mcghee

Thomas Edward Sise

Robert Kelly

Sarah Irene Wood

James Anthony Fauci

Kevin John Tollisen

Ifigenia T. Brown

Christopher John Dodd

TIPS

LEGAL TERMS

RESIDUARY ESTATE

IN TERROREM

DISTRIBUTEE

REAL ESTATE AGENT

POUR-OVER WILL

TITLE COMPANY

EXECUTOR

INCOMPETENCE

HEIR APPARENT

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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