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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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Jacqueline L Heubach

Social Security -- Disability, State and Local, Estate Planning, Workers' Compensation

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FREE CONSULTATION

CONTACT

115 Green Street, Kingston, NY 12401

Robert E. Netter

Real Estate, Estate

Status:

CONTACT

120 Fairway Dr., Hurley, NY 12443

Michael Eric Graff

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

Status:

CONTACT

78 Main St, Kingston, NY 12401

Sean J Denvir

Wills, Wills & Probate, Workers' Compensation, Banking & Finance, Real Estate

Status: Licensed: 43 Years

CONTACT

Kingston, NY 12402

Christine H. Guido

Immigration, Wills & Probate, Divorce & Family Law, Civil & Human Rights

Status: Licensed: 27 Years

CONTACT

Kingston, NY 12402

Albert Charles Hrdlicka

Real Estate, Estate, Criminal, Accident & Injury

Status: Licensed: 26 Years

CONTACT

25 Lucas Ave, Kingston, NY 12401

Michael Thomas Cook

Visa, Estate, Divorce & Family Law, Business

Status:

CONTACT

85 Main St, Kingston, NY 12401

Carol Kimberely Morgan

Criminal, Divorce & Family Law, Wills, Personal Injury

Status: Licensed: 22 Years

CONTACT

Kingston, NY 12402

Ariel Futerfas

Estate, Divorce & Family Law

Status: Licensed: 22 Years

CONTACT

239 Wall St, Kingston, NY 12401

Dana D. Blackmon

Education, Real Estate, Traffic, Estate, Construction

Status: Licensed: 20 Years

CONTACT

303 Clinton Avenue, Kingston, NY 12402

800-923-0641

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LEGAL TERMS

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

CREDIT SHELTER TRUST

See AB trust.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

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.

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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Hurley Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jacqueline L Heubach

Robert E. Netter

Michael Eric Graff

Sean J Denvir

Christine H. Guido

Albert Charles Hrdlicka

Michael Thomas Cook

Carol Kimberely Morgan

Ariel Futerfas

Dana D. Blackmon

TIPS

LEGAL TERMS

ABSTRACT OF TRUST

CREDIT SHELTER TRUST

DEATH TAXES

LAPSE

INTER VIVOS TRUST

FAMILY ALLOWANCE

GROSS ESTATE

GRANT DEED

PROBATE

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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