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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
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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Kathryn Dell

Criminal, Divorce & Family Law, Estate, Real Estate, Traffic

Status: Licensed: 33 Years

CONTACT

298 N Greenbush Rd, Troy, NY 12180

Laura Marie Darling

Landlord-Tenant, Real Estate, Traffic, Estate Planning

Status: Licensed: 13 Years

CONTACT

270 River Street, Troy, NY 12180

Ryan Cooke

Traffic, Divorce & Family Law, DUI-DWI, Criminal, Estate

Status:

FREE CONSULTATION

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251 River St, Troy, NY 12180

Matthew David Wagoner

Business, Contract, Corporate, Estate, Estate Planning

Status:

CONTACT

150 State Street Suite 504, Albany, NY 12207

Anne-Jo Pennock McTague

Estate Administration, Employment Discrimination, Discrimination, Personal Injury

Status: Licensed: 24 Years

CONTACT

6 Tower Place, Albany, NY 12203

William David Pfeiffer

Estate, Elder Law

Status: Licensed: 32 Years

CONTACT

20 Corporate Woods Boulevard, Albany, NY 12210

William J. Dreyer

Federal, Estate Planning, Family Law, Criminal, Lawsuit & Dispute

Status: Licensed: 56 Years

CONTACT

75 Columbia St, Albany, NY 12210

Brian Howard Bronsther

Estate, Wrongful Termination, Child Custody, Elder Law

Status: Licensed: 40 Years

CONTACT

12 Century Hill Dr, Latham, NY 12110

Brian B. Selchick

Criminal, Estate, Lawsuit & Dispute, Divorce & Family Law

Status: Licensed: 15 Years

CONTACT

45 Clayton Place, Albany, NY 12209

Marc Ellis Cohen

Immigration, Trusts, Estate, Child Custody

Status: Licensed: 37 Years

CONTACT

9 Northview Dr, Latham, NY 12110

800-814-6700

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LEGAL TERMS

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

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.

CREDIT SHELTER TRUST

See AB trust.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

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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Troy Estate Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Kathryn Dell

Laura Marie Darling

Ryan Cooke

Matthew David Wagoner

Anne-Jo Pennock McTague

William David Pfeiffer

William J. Dreyer

Brian Howard Bronsther

Brian B. Selchick

Marc Ellis Cohen

TIPS

LEGAL TERMS

CHARITABLE TRUST

AB TRUST

EXECUTOR

PUBLIC ADMINISTRATOR

CREDIT SHELTER TRUST

BEQUEATH

CONTINGENT BENEFICIARY

OFFICER

SPRINKLING 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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