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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
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Rebecca Russell Hanft

Real Estate, Industry Specialties, Estate, Civil & Human Rights

Status: Licensed: 14 Years

CONTACT

7364 Bonney Hill Road, Hamilton, NY 13346

Victoria Quesada

Estate, Wrongful Termination, Criminal, Defamation & Slander

Status: Licensed: 48 Years

CONTACT

35 University Ave, Hamilton, NY 13346

Elizabeth Ann Kenny

Estate Planning, Divorce & Family Law, Elder Law, Mass Torts

Status: Licensed: 21 Years

CONTACT

146 Stafford Ave, Waterville, NY 13480

Donald J. Snyder

Government, Estate, Business

Status: Licensed: 59 Years

CONTACT

379 W Main St, West Winfield, NY 13491

G Kevin Ludlow

Real Estate, Other, Estate, Bankruptcy & Debt

Status: Licensed: 41 Years

CONTACT

Sauquoit, NY 13456

Harris John Samuels

Real Estate, Estate, Divorce & Family Law

Status: Licensed: 49 Years

CONTACT

Sauquoit, NY 13456

Patricia Shaffer Bobrow

Foreclosure, Real Estate, Estate, Elder Law, Banking & Finance

Status:

CONTACT

4-6 North Park Row, Clinton, NY 13323

Kenneth L. Bobrow

Wills & Probate, Sexual Harassment, Medical Malpractice, Car Accident

Status:

CONTACT

46 N Park Row, Clinton, NY 13323

Philip L. Evans

Real Estate, Estate, Contract, Business

Status:

CONTACT

46 N Park Row, Clinton, NY 13323

David J Zumpano

Wills, Estate Planning, Estate, Elder Law

Status: Licensed: 32 Years

CONTACT

555 French Rd, New Hartford, NY 13413

800-814-6700

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LEGAL TERMS

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

FUNDING A TRUST

Transferring ownership of property to a trust.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

DEED OF TRUST

See trust deed.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

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.'

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

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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Hubbardsville Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Rebecca Russell Hanft

Victoria Quesada

Elizabeth Ann Kenny

Donald J. Snyder

G Kevin Ludlow

Harris John Samuels

Patricia Shaffer Bobrow

Kenneth L. Bobrow

Philip L. Evans

David J Zumpano

TIPS

LEGAL TERMS

TESTAMENTARY TRUST

FUNDING A TRUST

SELF-PROVING WILL

GENERATION-SKIPPING TRUST

DEED OF TRUST

ADEMPTION

TRUSTEE POWERS

TRUST CORPUS

SECONDARY MEANING

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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