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Abraham Michelson
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The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Lisa Azzato

Land Use & Zoning, Mediation, Wills & Probate, Civil Rights

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CONTACT

150 Motor Parkway, Hauppauge, NY 11788

Arthur M. Cromarty

Commercial Real Estate, Land Use & Zoning, Municipal, Estate Planning

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CONTACT

120 Fourth Avenue, Bay Shore, NY 11706

Thomas J. Vicedomini

Estate, Real Estate, Wills & Probate, Trusts, Criminal

Status: Licensed: 47 Years

CONTACT

357 Veterans Memorial Highway, Commack, NY 11725

John Calimano

Estate Planning, Elder Law, Civil Rights, Bankruptcy

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330 Vanderbilt Motor Parkway, Hauppauge, NY 11788

Lucretia M. Lucivero

Litigation, Wills & Probate, Criminal, Medical Malpractice

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CONTACT

330 Vanderbilt Motor Parkway, Hauppauge, NY 11788

Bradley M. Zelenitz

Landlord-Tenant, Trusts, Contract, Bankruptcy

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CONTACT

330 Vanderbilt Motor Parkway, Hauppauge, NY 11788

David J. Depinto

Trusts, Gift Taxation, Elder Law

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CONTACT

225 Old Country Road, Melville, NY 11747

Bryan Lane Berson

Landlord-Tenant, Real Estate, Wills & Probate, Elder Law

Status: Licensed: 22 Years

CONTACT

3 Bryans Ct, West Islip, NY 11795

Joseph John Bestreich

Estate, Elder Law

Status: Licensed: 13 Years

CONTACT

330 Vanderbilt Motor Parkway, Hauppauge, NY 11788

Patricia Howlett

Veterans' Affairs, Special Education, Social Security -- Disability, Estate, Elder Law

Status: Licensed: 34 Years

CONTACT

22 Evelyn Rd, West Islip, NY 11795

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LEGAL TERMS

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.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

GRANTOR

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

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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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Deer Park Estate Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Lisa Azzato

Arthur M. Cromarty

Thomas J. Vicedomini

John Calimano

Lucretia M. Lucivero

Bradley M. Zelenitz

David J. Depinto

Bryan Lane Berson

Joseph John Bestreich

Patricia Howlett

TIPS

LEGAL TERMS

GENERATION-SKIPPING TRUST

WILL

REMAINDERMAN

TRUST DEED

PUBLIC ADMINISTRATOR

AUGMENTED ESTATE

GRANTOR

REAL ESTATE AGENT

IRREVOCABLE TRUST

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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