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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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Gary J. Wachtel

Dispute Resolution, Wills & Probate, Corporate, Business Organization

Status: In Good Standing Licensed: 39 Years

CONTACT

450 Fashion Ave, New York, NY 10123

Jacob S. Shakarchy

Estate Planning, Corporate, Business Organization, Banking & Finance

Status: In Good Standing Licensed: 44 Years

CONTACT

630 3Rd Ave, New York, NY 10017

Martin Zelner

Wills & Probate, Tax

Status: In Good Standing Licensed: 62 Years

CONTACT

630 3Rd Ave, New York, NY 10017

Steven D. Skolnik

Wills & Probate, Collaborative Law, Corporate, Banking & Finance

Status: In Good Standing Licensed: 49 Years

CONTACT

630 3Rd Ave, New York, NY 10017

Stephen J. Donahue

Estate Planning, Family Law, Insurance, Corporate

Status: In Good Standing Licensed: 29 Years

CONTACT

110 William St, New York, NY 10038

Michael Posner

Estate Planning, Divorce, Prenuptial Agreements, Family Law

Status: In Good Standing Licensed: 31 Years

CONTACT

477 Madison Ave, New York, NY 10022

Richard L Rosen

Arbitration, International, Estate Planning, Corporate, Business Organization

Status: In Good Standing Licensed: 57 Years

CONTACT

110 E 59Th St, New York, NY 10022

Liviu Vogel

Estate Planning, Family Law, Corporate, Business Organization

Status: In Good Standing Licensed: 40 Years

CONTACT

580 Madison Ave, New York, NY 10022

William A. Simon

Corporate, Estate Planning, Family Law, Litigation

Status: In Good Standing Licensed: 49 Years

CONTACT

260 Madison Ave, New York, NY 10016

Samuel J. Karliner

Estate Planning, Family Law, Criminal, Personal Injury

Status: In Good Standing Licensed: 35 Years

CONTACT

60 E 42Nd St, New York, NY 10165

800-923-0641

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LEGAL TERMS

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

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).

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

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.

CURATOR

See conservator.

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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New York Estate Lawyer, New York, page 10

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Gary J. Wachtel

Jacob S. Shakarchy

Martin Zelner

Steven D. Skolnik

Stephen J. Donahue

Michael Posner

Richard L Rosen

Liviu Vogel

William A. Simon

Samuel J. Karliner

TIPS

LEGAL TERMS

RULE AGAINST PERPETUITIES

INTESTATE

PROVING A WILL

CERTIFIED COPY

CHARITABLE TRUST

POUR-OVER WILL

LIVING TRUST

EXEMPTION TRUST

CURATOR

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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