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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.
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Jeffrey Edmond McMorris

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

Jeff is a native of Washington County and was born and raised in Greenwich, New York. He graduated from Greenwich High School and Colgate University. ... (more)

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800-279-8510

9 Broad St, Glens Falls, NY 12801

Daniel James Hogan

Accident & Injury, Estate, Lawsuit & Dispute, Real Estate, Divorce

Status: In Good Standing

CONTACT

288 Glen Street, Glens Falls, NY 12801

Dennis J O'Connor

Estate, Wills & Probate, Trusts, Medicare & Medicaid

Status: In Good Standing

CONTACT

288 Glen Street, Glens Falls, NY 12801

Patricia Ellen Watkins

Real Estate, Estate Administration, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

Glens Falls, NY 12801

Elisabeth Brodie Mahoney

Estate Administration, Estate Planning, Elder Law, Corporate

Status: In Good Standing

CONTACT

16 Maple St, Glens Falls, NY 12801

Stephen Morgan Layden

Real Estate, Estate, Business

Status: In Good Standing Licensed: 30 Years

CONTACT

169 Main St, Hudson Falls, NY 12839

James Edward Cullum

Real Estate, Lawsuit & Dispute, Estate, Insurance, Accident & Injury

Status: In Good Standing Licensed: 57 Years

CONTACT

288 Glen St, Glens Falls, NY 12801

John E. Fitzgerald

Commercial Real Estate, Estate Planning, Elder Law, Defamation & Slander

Status: In Good Standing

CONTACT

288 Glen St, Glens Falls, NY 12801

Philip C. Mcintire

Tax, Real Estate, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

1 Washington St, Glens Falls, NY 12801

James Robert Burkett

Tax, Estate Administration, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

1 Washington St, Glens Falls, NY 12801

800-923-0641

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LEGAL TERMS

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

DEED OF TRUST

See trust deed.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

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.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

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.

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.

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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Granville Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jeffrey Edmond McMorris

Daniel James Hogan

Dennis J O'Connor

Patricia Ellen Watkins

Elisabeth Brodie Mahoney

Stephen Morgan Layden

James Edward Cullum

John E. Fitzgerald

Philip C. Mcintire

James Robert Burkett

TIPS

LEGAL TERMS

CONSERVATOR

DEED OF TRUST

TRUST CORPUS

MINERAL RIGHTS

SPRINKLING TRUST

SUMMARY PROBATE

LIFE BENEFICIARY

QDOT TRUST

RESIDUARY ESTATE

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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