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Abraham Michelson
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The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
Bankruptcy, Chapter 7, Chapter 13
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800-824-6431
1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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H John Hendley

Real Estate, Estate, Environmental Law, Criminal

Status: In Good Standing Licensed: 56 Years

CONTACT

2 Dixon Ct, Glens Falls, NY 12804

Timothy Joseph Alden

Real Estate, Wills & Probate, Trusts, Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

513 Glen St, Glens Falls, NY 12801

David L Naylor

Industry Specialties, Estate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 50 Years

CONTACT

470 Glen St, Glens Falls, NY 12801

David Lester Naylor

Industry Specialties, Estate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 34 Years

CONTACT

470 Glen St, Glens Falls, NY 12801

Kimberly Marie Wells

Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 20 Years

CONTACT

40 Dix Ave, Glens Falls, NY 12801

Matthew R. Ludemann

Health Care, Estate, Consumer Rights, Insurance, Accident & Injury

Status: In Good Standing Licensed: 40 Years

CONTACT

5 A Sagamore Street, Glens Falls, NY 12801

Pamela M. Babson

Motor Vehicle, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 22 Years

CONTACT

447 Glen St, Glens Falls, NY 12801

Rose Theresa Place

Lawsuit & Dispute, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 32 Years

CONTACT

130 Dix Ave, Glens Falls, NY 12801

Susan Elizabeth Hartmann

Estate, Business

Status: In Good Standing Licensed: 23 Years

CONTACT

Speculator, NY 12164

Robert H. Hafner

Real Estate, Estate, Business

Status: In Good Standing Licensed: 36 Years

CONTACT

15 W Notre Dame St, Glens Falls, NY 12801

800-923-0641

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LEGAL TERMS

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

SURROGATE COURT

See probate court.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

FAMILY POT TRUST

See pot trust.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

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.

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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Pottersville Estate Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

H John Hendley

Timothy Joseph Alden

David L Naylor

David Lester Naylor

Kimberly Marie Wells

Matthew R. Ludemann

Pamela M. Babson

Rose Theresa Place

Susan Elizabeth Hartmann

Robert H. Hafner

TIPS

LEGAL TERMS

ABATEMENT

SURROGATE COURT

SUCCESSION

FAMILY POT TRUST

SPENDTHRIFT TRUST

PUBLIC ADMINISTRATOR

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

DISCHARGE (OF PROBATE ADMINISTRATOR)

GENERATION-SKIPPING TRANSFER TAX

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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