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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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Roman Aminov

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Estate

Compassionate Estate Planning, Probate, and Elder Law Attorney

Probate/Estate Attorney in Nassau & Suffolk County: Probate: The probate process refers to the task of going to court to claim your assets that you... (more)

FREE CONSULTATION

CONTACT

800-631-7690

2270 Grand Ave, Baldwin, NY 11510

Elliot Scott Schlissel

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Divorce & Family Law, Criminal, Real Estate, Wills & Probate, Bankruptcy & Debt

I am available to help my clients 7 days a week.

The Law Offices of Schlissel DeCorpo is composed of attorneys and paralegals who are caring, dedicated professionals contributing experience and exper... (more)

FREE CONSULTATION

CONTACT

800-718-3171

479 Merrick Rd, Lynbrook, NY 11563

Robert E. Baumann

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Estate

Robert Baumann is a practicing lawyer in the state of New York handling Estate matters.

CONTACT

516-292-1111

23 S Main St, Freeport, NY 11520

Adam Foster Katz

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Estate, Wills & Probate, Tax, Power of Attorney, Business

Katz Law Firm’s founder and managing partner, Adam Katz, is admitted to practice law in New York Supreme Court, Southern District, Eastern District ... (more)

CONTACT

800-730-7060

77 Spruce Street, Cedarhurst, NY 11516

Anthony A. Nozzolillo, Esq.

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Real Estate, Litigation, Business, Personal Injury, Estate

Seasoned Real Estate and General Practice Attorney

Anthony A. Nozzolillo, Esq. is seasoned attorney representing individual and corporate buyers, sellers, and lenders in both routine and complex reside... (more)

FREE CONSULTATION

CONTACT

516-600-9750

2163 Merrick Avenue, Merrick, NY 11566

Christina Maria Panzarella

Motor Vehicle, Estate Planning, Estate, Divorce, Criminal

Status: In Good Standing

CONTACT

2893 Long Beach Rd, Oceanside, NY 11572

Sheryll Borsuk Dorf

Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 41 Years

CONTACT

2853 Nicole Ct, Oceanside, NY 11572

Mark Ivan Rozell

Real Estate, Estate, Divorce, Civil & Human Rights

Status: In Good Standing Licensed: 40 Years

CONTACT

297 Virginia Ave, Rockville Centre, NY 11572

Lawrence Neil Rogak

Education, Visa, Estate, Civil Rights

Status: In Good Standing Licensed: 43 Years

CONTACT

3355 Lawson Blvd, Rockville Centre, NY 11572

Eric D. Goldsmith

Real Estate, Estate, Criminal, Accident & Injury

Status: In Good Standing Licensed: 24 Years

CONTACT

3446 Woodward St, Rockville Centre, NY 11572

800-923-0641

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800-943-8690

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LEGAL TERMS

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

CREDIT SHELTER TRUST

See AB trust.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

TRUSTEE POWERS

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

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

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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Oceanside Estate Lawyer, New York

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The Michelson Law Office

SPONSORED LAWYERS

Roman Aminov

Elliot Scott Schlissel

Robert E. Baumann

Adam Foster Katz

Anthony A. Nozzolillo, Esq.

Christina Maria Panzarella

Sheryll Borsuk Dorf

Mark Ivan Rozell

Lawrence Neil Rogak

Eric D. Goldsmith

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LEGAL TERMS

ENTITY

TRUST MERGER

ABSTRACT OF TRUST

CREDIT SHELTER TRUST

HOLOGRAPHIC WILL

TRUSTEE POWERS

PER CAPITA

AUGMENTED ESTATE

GENERATION-SKIPPING 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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