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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.
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David A Roach

Real Estate, Trusts, Estate Planning, Personal Injury

Status: In Good Standing

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115 Green Street, Kingston, NY 12401

Jacqueline L Heubach

Social Security -- Disability, State and Local, Estate Planning, Workers' Compensation

Status: In Good Standing

FREE CONSULTATION

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115 Green Street, Kingston, NY 12401

Robert E. Netter

Real Estate, Estate

Status: In Good Standing

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120 Fairway Dr., Hurley, NY 12443

John Dicaterino Dunne

Real Estate, Lawsuit & Dispute, Estate, Divorce & Family Law, Personal Injury

Status: In Good Standing Licensed: 15 Years

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115 Green Street, Kingston, NY 12402

Eric M. Kurtz

Estate, Real Estate, Accident & Injury, Elder Law

Status: In Good Standing

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85 Main St, Kingston, NY 12401

Pamela Drugge Rusk

Wills, Trusts, Estate Planning, Estate, Elder Law

Status: In Good Standing Licensed: 37 Years

CONTACT

255 Fair St, Kingston, NY 12401

Michael Eric Graff

Real Estate, Industry Specialties, Estate, Civil & Human Rights

Status: In Good Standing

CONTACT

78 Main St, Kingston, NY 12401

Christine H. Guido

Immigration, Wills & Probate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 27 Years

CONTACT

Kingston, NY 12402

Albert Charles Hrdlicka

Real Estate, Estate, Criminal, Accident & Injury

Status: In Good Standing Licensed: 26 Years

CONTACT

25 Lucas Ave, Kingston, NY 12401

Michael Thomas Cook

Visa, Estate, Divorce & Family Law, Business

Status: In Good Standing

CONTACT

85 Main St, Kingston, NY 12401

800-923-0641

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LEGAL TERMS

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.

INTER VIVOS TRUST

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

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

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.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

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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Port Ewen Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David A Roach

Jacqueline L Heubach

Robert E. Netter

John Dicaterino Dunne

Eric M. Kurtz

Pamela Drugge Rusk

Michael Eric Graff

Christine H. Guido

Albert Charles Hrdlicka

Michael Thomas Cook

TIPS

LEGAL TERMS

BANKRUPTCY ESTATE

INTER VIVOS TRUST

STATUTORY SHARE

SUCCESSOR TRUSTEE

PUBLIC ADMINISTRATOR

INTESTATE

ADEMPTION

LAPSE

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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