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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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Raymond Paul Sciarrino

✓ VERIFIED

Criminal, Real Estate, Personal Injury, Traffic, Estate

Licensed: 22 Years

Sciarrino & Sciarrino, P.C. is a criminal law firm serving Rochester and the surrounding areas of Livingston County and Wyoming County. For more than ... (more)

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CONTACT

800-737-5751

106 Main St, Mount Morris, NY 14510

Benjamin James Bonarigo

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing

CONTACT

18 Ellicott St, Batavia, NY 14020

Cyril Arthur Krenzer

Traffic, Lawsuit & Dispute, Estate, Family Law

Status: In Good Standing Licensed: 58 Years

CONTACT

47 Amalfi Dr, Avon, NY 14414

David Loomis Henehan

Real Estate, Estate

Status: In Good Standing Licensed: 59 Years

CONTACT

5579 E Avon Rd, Avon, NY 14414

Ernest Murray Found

Wills, Estate Planning, Wills & Probate

Status: In Good Standing Licensed: 73 Years

CONTACT

Batavia, NY 14020

Gerald O. Williams

Real Estate, Estate, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 70 Years

CONTACT

2 Court Street Plaza, Batavia, NY 14020

Henry Ward Williams

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

Status: In Good Standing Licensed: 66 Years

CONTACT

Scottsville, NY 14546

Howard Eric Berger

Trusts, Employee Rights, Corporate, Personal Injury, Construction

Status: In Good Standing Licensed: 43 Years

CONTACT

3365 Avon Geneseo Rd, Geneseo, NY 14454

Jane A C Schmieder

Timeshare, Motor Vehicle, Estate, Workers' Compensation

Status: In Good Standing Licensed: 32 Years

CONTACT

11172 Silver Rd, East Bethany, NY 14054

Jennifer Rae Nunnery

Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 10 Years

CONTACT

1896 Chick Rd, Darien Center, NY 14040

800-923-0641

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LEGAL TERMS

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

FAMILY POT TRUST

See pot trust.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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.

CREDIT SHELTER TRUST

See AB trust.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

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.

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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Wyoming Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Raymond Paul Sciarrino

Benjamin James Bonarigo

Cyril Arthur Krenzer

David Loomis Henehan

Ernest Murray Found

Gerald O. Williams

Henry Ward Williams

Howard Eric Berger

Jane A C Schmieder

Jennifer Rae Nunnery

TIPS

LEGAL TERMS

EXEMPTION TRUST

FAMILY POT TRUST

ADEMPTION

KINDRED

BENEFICIARY

SWEARING MATCH

CREDIT SHELTER TRUST

FINAL BENEFICIARY

DEATH TAXES

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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