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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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Alan John Willmes

Traffic, Nursing Home, Estate Planning, Transactions

Status: In Good Standing Licensed: 33 Years

CONTACT

119 Church St, Syracuse, NY 13212

Audrey Lee Flynn

General Practice

Status: In Good Standing Licensed: 9 Years

CONTACT

151 N 2Nd St, Fulton, NY 13069

Bryan James Maether

Residential Real Estate, Public Interest Law, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 11 Years

CONTACT

9646 Brewerton Road, Brewerton, NY 13029

Christopher James Velez

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing

CONTACT

219 N Main St, Syracuse, NY 13212

Daniel Nicholas Defio

Health Care, Estate

Status: In Good Standing Licensed: 26 Years

CONTACT

7741/2 State Fair Blvd, Syracuse, NY 13209

Daniel Joseph Hebert

Real Estate, Lawsuit & Dispute, Government, Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

9456 Madison Ave, Brewerton, NY 13029

David H. Hawthorne

Real Estate, Estate

Status: In Good Standing Licensed: 37 Years

CONTACT

141 S 1St St, Fulton, NY 13069

Dennis Nathaniel Hawthorne

Real Estate, Estate

Status: In Good Standing Licensed: 51 Years

CONTACT

118 Cayuga St, Fulton, NY 13069

Dennis Nathaniel Hawthorne

Real Estate, Estate

Status: In Good Standing Licensed: 51 Years

CONTACT

118 Cayuga St, Fulton, NY 13069

Derek T. Shepard

Social Security, Estate Planning, Family Law, Elder Law

Status: In Good Standing Licensed: 12 Years

CONTACT

44 Oswego St, Baldwinsville, NY 13027

800-923-0641

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LEGAL TERMS

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

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.

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.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

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.

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.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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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Parish Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Alan John Willmes

Audrey Lee Flynn

Bryan James Maether

Christopher James Velez

Daniel Nicholas Defio

Daniel Joseph Hebert

David H. Hawthorne

Dennis Nathaniel Hawthorne

Dennis Nathaniel Hawthorne

Derek T. Shepard

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LEGAL TERMS

ESTATE PLANNING

DISTRIBUTEE

AUGMENTED ESTATE

ACCUMULATION TRUST

TRUSTEE

PERSONAL PROPERTY

POUR-OVER WILL

INTER VIVOS TRUST

IRREVOCABLE 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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