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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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Timothy Joel Schofield

Estate, Divorce

Status: In Good Standing Licensed: 46 Years

CONTACT

2973 State Route 28, Old Forge, NY 13420

Susan Elizabeth Hartmann

Estate, Business

Status: In Good Standing Licensed: 23 Years

CONTACT

Speculator, NY 12164

Colleen Elissa Delcore

Real Estate, Estate, Criminal, Business

Status: In Good Standing Licensed: 30 Years

CONTACT

6289 Nys Route 30, Indian Lake, NY 12842

Edgar S. K. Merrell

Commercial Real Estate, Real Estate, Estate Planning, Business & Trade

Status: In Good Standing Licensed: 46 Years

CONTACT

Lowville, NY 13367

Kevin M. Mcardle

Real Estate Other, Estate

Status: In Good Standing Licensed: 42 Years

CONTACT

7571 S State St, Lowville, NY 13367

Thomas Anthony Campany

Real Estate, Estate, Business

Status: In Good Standing Licensed: 49 Years

CONTACT

7571 S State St, Lowville, NY 13367

Kirk Gagnier

Real Estate, International, Estate, Business

Status: In Good Standing

CONTACT

51 Lake St, Tupper Lake, NY 12986

Robert Crouse Baldwin

Estate Planning

Status: In Good Standing Licensed: 39 Years

CONTACT

187 Dover Road, Barneveld, NY 13304

Michael Jonathon Poulin

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

Status: In Good Standing Licensed: 30 Years

CONTACT

Northville, NY 12134

Vicki J. Prager

Real Estate, Estate, Family Law, Child Support

Status: In Good Standing Licensed: 40 Years

CONTACT

Northville, NY 12134

800-923-0641

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LEGAL TERMS

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

CREDIT SHELTER TRUST

See AB trust.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

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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Inlet Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Timothy Joel Schofield

Susan Elizabeth Hartmann

Colleen Elissa Delcore

Edgar S. K. Merrell

Kevin M. Mcardle

Thomas Anthony Campany

Kirk Gagnier

Robert Crouse Baldwin

Michael Jonathon Poulin

Vicki J. Prager

TIPS

LEGAL TERMS

ACCUMULATION TRUST

PREDECEASED SPOUSE

CREDIT SHELTER TRUST

ADMINISTRATRIX

DISINHERIT

WARRANTY DEED

GRANTOR RETAINED INCOME TRUST

LAPSE

TRUST MERGER

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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