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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
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Brian Todd Epstein

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

Attorney Epstein graduated with his J.D. from Touro College. Attorney Epstein practices Divorce & Family Law, Criminal, Accident & Injury, Estate, and... (more)

CONTACT

631-698-3900

1305 Middle Country Rd, Selden, NY 11784

Robert J. Zysk

Real Estate, Lawsuit & Dispute, Estate, Bankruptcy & Debt

Status: In Good Standing

CONTACT

155 Bellport Ave, Medford, NY 11763

Joseph Michael Eckstein

Government, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 33 Years

CONTACT

107 Cherry Ln, Medford, NY 11763

Robert Henry Stockel

Lawsuit & Dispute, Health Care, Estate, Criminal

Status: Inactive Licensed: 65 Years

CONTACT

15 Teller Ave, Coram, NY 11727

John Nicholas Fath

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

Status: In Good Standing Licensed: 53 Years

CONTACT

629 Route 112, Patchogue, NY 11772

Tor Jacob Worsoe

Estate, Felony, Consumer Rights, Medical Malpractice

Status: In Good Standing Licensed: 33 Years

CONTACT

997 Waverly Ave, Holtsville, NY 11742

Tricia Specter Ehrlich

Health Care, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 30 Years

CONTACT

Holtsville, NY 11742

Paula Jean Warmuth

Real Estate, Industry Specialties, Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

2 8Th St, Farmingville, NY 11738

Danielle Turturo

Other, Foreclosure, Immigration, Wills & Probate

Status: In Good Standing Licensed: 13 Years

CONTACT

110 Washington Ave, Holtsville, NY 11742

Paraskevi Zarkadas

Real Estate, Estate, Divorce, Divorce & Family Law

Status: In Good Standing Licensed: 34 Years

CONTACT

Selden, NY 11784

800-923-0641

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LEGAL TERMS

DEVISEE

A person or entity who inherits real estate under the terms of a will.

CURATOR

See conservator.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

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.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

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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Medford Estate Lawyer, New York

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The Michelson Law Office

SPONSORED LAWYERS

Brian Todd Epstein

Robert J. Zysk

Joseph Michael Eckstein

Robert Henry Stockel

John Nicholas Fath

Tor Jacob Worsoe

Tricia Specter Ehrlich

Paula Jean Warmuth

Danielle Turturo

Paraskevi Zarkadas

TIPS

LEGAL TERMS

DEVISEE

CURATOR

RESIDUARY ESTATE

INCOMPETENCE

SPECIAL ADMINISTRATOR

PERSONAL PROPERTY

TESTAMENTARY TRUST

ADEMPTION

INTESTATE SUCCESSION

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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