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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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Michele L. Babcock

Landlord-Tenant, Municipal, Estate, Medical Malpractice

Status: In Good Standing

CONTACT

158 Orange Avenue, Walden, NY 12586

Gary M. Schuster

Energy, Wills & Probate, Corporate, Franchising

Status: In Good Standing

CONTACT

158 Orange Avenue, Walden, NY 12586

Sanford R. Altman

Estate Administration, Age Discrimination, Elder Law, Business Organization

Status: In Good Standing

CONTACT

158 Orange Avenue, Walden, NY 12586

Marcia A. Jacobowitz

Agriculture, Estate Planning, Corporate, Business Organization

Status: In Good Standing

CONTACT

158 Orange Avenue, Walden, NY 12586

Francis Bryan Paz

Land Use & Zoning, Agriculture, Wills, Family Law

Status: In Good Standing

CONTACT

158 Orange Avenue, Walden, NY 12586

Shay Anne Humphrey

Lawsuit & Dispute, Government, Estate, Business

Status: In Good Standing Licensed: 30 Years

CONTACT

16 Stella Dr, Gardiner, NY 12525

Melissa April Manna-Williams

Health Care, Estate, Civil & Human Rights, Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

1390 Route 9W, Marlboro, NY 12542

James Joseph Morrissey

Real Estate, Estate

Status: In Good Standing Licensed: 33 Years

CONTACT

231 Main St, New Paltz, NY 12561

John G Sisti

Education, Estate, Divorce & Family Law, Criminal, Child Custody

Status: In Good Standing Licensed: 50 Years

CONTACT

207 Main St, New Paltz, NY 12561

Paul David Schwartzberg

Foreclosure, Estate, Divorce, Civil & Human Rights

Status: In Good Standing Licensed: 37 Years

CONTACT

108 Main St, New Paltz, NY 12561

800-923-0641

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LEGAL TERMS

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.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

DEVISEE

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

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

CURATOR

See conservator.

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.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

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.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

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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Gardiner Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Michele L. Babcock

Gary M. Schuster

Sanford R. Altman

Marcia A. Jacobowitz

Francis Bryan Paz

Shay Anne Humphrey

Melissa April Manna-Williams

James Joseph Morrissey

John G Sisti

Paul David Schwartzberg

TIPS

LEGAL TERMS

GENERATION-SKIPPING TRANSFER TAX

PROBATE

DEVISEE

SUCCESSOR TRUSTEE

CURATOR

DISTRIBUTEE

HEIR AT LAW

WILL

STATUTORY SHARE

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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