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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
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Penelope W. Morgan

Visa, Trusts, DUI-DWI, Bankruptcy

Status: In Good Standing Licensed: 48 Years

CONTACT

75 S Highland Ave, Ossining, NY 10562

Jeffrey S. Goldstein

Estate, Civil & Human Rights

Status: In Good Standing Licensed: 50 Years

CONTACT

23 Meadowbrook Dr, Ossining, NY 10562

Irwin J Kavy

Power of Attorney, Wills & Probate, Trusts, Estate

Status: In Good Standing Licensed: 43 Years

CONTACT

573 N State Rd, Briarcliff Manor, NY 10510

Natalie Shana Felsenfeld

Immigration, Medicare & Medicaid, Wills & Probate, Divorce & Family Law

Status: In Good Standing Licensed: 8 Years

CONTACT

15 Pleasantville Rd, Ossining, NY 10562

Robert Thaler

Real Estate, Estate

Status: In Good Standing Licensed: 50 Years

CONTACT

11 Tappan Ter, Briarcliff Manor, NY 10510

Herbert L. Finkelstein

Real Estate, International, Estate, Business

Status: In Good Standing Licensed: 68 Years

CONTACT

19 Eldridge Ave, Ossining, NY 10562

Susan G. Parker

Wills & Probate, Estate, Elder Law, Business Organization

Status: In Good Standing

CONTACT

520 N State Rd, Briarcliff Manor, NY 10510

Stuart Evan Kahan

Lawsuit & Dispute, Immigration, State and Local, Estate

Status: In Good Standing Licensed: 43 Years

CONTACT

16 Croton Ave, Ossining, NY 10562

Richard Joel Miller

Litigation, International Tax, Trusts

Status: In Good Standing Licensed: 64 Years

CONTACT

Millwood, NY 10546

Danielle Baran

Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 12 Years

CONTACT

321 S Riverside Ave, Croton On Hudson, NY 10520

800-923-0641

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LEGAL TERMS

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.'

DEED OF TRUST

See trust deed.

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

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

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.

TITLE COMPANY

A company that issues title insurance.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

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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Ossining Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Penelope W. Morgan

Jeffrey S. Goldstein

Irwin J Kavy

Natalie Shana Felsenfeld

Robert Thaler

Herbert L. Finkelstein

Susan G. Parker

Stuart Evan Kahan

Richard Joel Miller

Danielle Baran

TIPS

LEGAL TERMS

ABSTRACT OF TRUST

DEED OF TRUST

SPECIAL ADMINISTRATOR

GRANTOR RETAINED INCOME TRUST

WARRANTY DEED

ENTITY

TITLE COMPANY

GENERATION-SKIPPING TRANSFER TAX

BANKRUPTCY ESTATE

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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