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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
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Gerald A. Vergilis

Commercial Real Estate, Estate Planning, Criminal, Corporate

Status: In Good Standing

FREE CONSULTATION

CONTACT

1136 Route 9, Wappingers Falls, NY 12590

M. Ellen O'Sullivan

Estate Administration, Family Law, Business & Trade, Personal Injury

Status: In Good Standing

CONTACT

1136 Route 9, Wappingers Falls, NY 12590

Thomas E. Dietz

Real Estate, Trusts, Estate Planning, Family Law

Status: In Good Standing

CONTACT

2 Cannon Street, Poughkeepsie, NY 12601

Alfred Dellacioppa

Real Estate, Estate, Business

Status: In Good Standing Licensed: 43 Years

CONTACT

48 Beaver Brook Rd, Holmes, NY 12531

Arthur L. Gellert

Real Estate, Estate, Business

Status: In Good Standing Licensed: 59 Years

CONTACT

2780 South Rd, Poughkeepsie, NY 12601

Brian Joseph Schad

Estate

Status: In Good Standing Licensed: 26 Years

CONTACT

266 Crum Elbow Road, Hyde Park, NY 12538

Cara Ann Whalen

Power of Attorney, Commercial Real Estate, Real Estate, Estate, Contract

Status: In Good Standing Licensed: 13 Years

CONTACT

3208 Franklin Avenue, Millbrook, NY 12545

Charles E. Stewart

Real Estate, Estate

Status: In Good Standing Licensed: 42 Years

CONTACT

Pawling, NY 12564

Charles Edward Stewart

Real Estate, Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

Pawling, NY 12564

Cindy L. Sanchez

Estate, Divorce & Family Law

Status: In Good Standing Licensed: 23 Years

CONTACT

22 Ibm Rd, Poughkeepsie, NY 12601

800-923-0641

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LEGAL TERMS

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

INTER VIVOS TRUST

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

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

FUNDING A TRUST

Transferring ownership of property to a trust.

WARRANTY DEED

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

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

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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Lagrangeville Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Gerald A. Vergilis

M. Ellen O'Sullivan

Thomas E. Dietz

Alfred Dellacioppa

Arthur L. Gellert

Brian Joseph Schad

Cara Ann Whalen

Charles E. Stewart

Charles Edward Stewart

Cindy L. Sanchez

TIPS

LEGAL TERMS

PROPERTY CONTROL TRUST

INTER VIVOS TRUST

GRANTOR

ALTERNATE BENEFICIARY

ESTATE TAXES

FUNDING A TRUST

WARRANTY DEED

SWEARING MATCH

ESTATE PLANNING

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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