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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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Includes: Gift Taxation

Laura G Grossman

Estate Planning, Real Estate, Trusts, Wills

Status: In Good Standing

FREE CONSULTATION

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600 Old Country Road, Room 519, Garden City, NY 11530

Michael N. Balsamo

Estate Planning, Corporate, Contract, Business Organization

Status: In Good Standing

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1325 Franklin Avenue, Garden City, NY 11530

Jasleen Kaur Anand

Dispute Resolution, Banking & Finance, Estate Administration, Estate Planning

Status: In Good Standing

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500 Old Country Road, Garden City, NY 11530

Mary Lamanna-Ulrich

Estate Administration, Trusts, Estate Planning, Elder Law

Status: In Good Standing

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25 Merrick Ave, Merrick, NY 11566

Jason Michael Romeo

Estate Planning, Employee Rights, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 21 Years

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415 Oak St, Bellmore, NY 11710

Kenneth Robert Maguire

Litigation, Estate Planning, Estate, Insurance, Slip & Fall Accident

Status: In Good Standing

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3366 Park Ave, Wantagh, NY 11793

John Martin Bigler

Real Estate, Elder Law, Estate Planning

Status: In Good Standing Licensed: 48 Years

CONTACT

1421 Wantagh Ave, Wantagh, NY 11793

Robert J. Aurigema

Estate Planning, Employee Rights, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 52 Years

CONTACT

Eab Plaza, Uniondale, NY 11556

Polina Parusis

Income Tax, Federal Employees, Gift Taxation, Corporate

Status: In Good Standing Licensed: 15 Years

CONTACT

487 Jerusalem Ave, Garden City, NY 11553

William M. Cornachio

Estate Planning, Employee Rights, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 47 Years

CONTACT

926 Rxr Plaza, Uniondale, NY 11556

800-923-0641

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LEGAL TERMS

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

KINDRED

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

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

FUNDING A TRUST

Transferring ownership of property to a trust.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

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.'

SAMPLE LEGAL CASES

Schneider v. Finmann

... maintain an action for legal malpractice. We now reverse and reinstate plaintiff's claim. Strict privity, as applied in the context of estate planning malpractice actions, is a minority rule in the United States. [1] In New York, a third ...

Fielding v. Kupferman

... The documents at issue in Bishop were estate planning instruments executed by the plaintiff who believed that he was giving his wife a life estate and was not limiting his access to his life savings (Bishop, 33 AD3d 497, 501 [2006], affd 9 NY3d 910 [2007]). ...

Kram Knarf, LLC v. Djonovic

... The client's malpractice complaint was silent as to how the attorneys misled him, what they failed to explain to him concerning the estate planning documents he executed, and which of his instructions those documents did not reflect (33 AD3d at 498-499). ...

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Merrick Estate Planning Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Laura G Grossman

Michael N. Balsamo

Jasleen Kaur Anand

Mary Lamanna-Ulrich

Jason Michael Romeo

Kenneth Robert Maguire

John Martin Bigler

Robert J. Aurigema

Polina Parusis

William M. Cornachio

TIPS

LEGAL TERMS

TRUSTEE POWERS

SUMMARY PROBATE

LIFE BENEFICIARY

KINDRED

DOWER AND CURTESY

DISTRIBUTEE

FUNDING A TRUST

DISINHERIT

BEQUEATH

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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