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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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Pamela M. Babson

Motor Vehicle, Estate, Divorce & Family Law, Criminal

Status: Licensed: 22 Years

CONTACT

447 Glen St, Glens Falls, NY 12801

Matthew R. Ludemann

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

Status: Licensed: 40 Years

CONTACT

5 A Sagamore Street, Glens Falls, NY 12801

Kimberly Marie Wells

Real Estate, Estate, Divorce & Family Law

Status: Licensed: 20 Years

CONTACT

40 Dix Ave, Glens Falls, NY 12801

Robert S. Mcmillen

Estate, Employment, Business, Real Estate, Estate Administration

Status: Licensed: 55 Years

CONTACT

1 Washington St, Glens Falls, NY 12801

Lawrence Edward Corbett

Real Estate, Estate, Commercial Real Estate, Commercial Leasing, Business Successions

Status: Licensed: 73 Years

CONTACT

71 Bay Street, Glens Falls, NY 12801

John David Wright

Lawsuit & Dispute, Estate, Criminal, Accident & Injury

Status:

CONTACT

1 Washington St, Glens Falls, NY 12801

Alan R. Rhodes

Corporate, International Tax, Elder Law, Estate Planning, Commercial Real Estate

Status:

CONTACT

1 Washington St, Glens Falls, NY 12801

Philip C. Mcintire

Real Estate, Estate, Civil & Human Rights, Tax, Estate Planning

Status: Licensed: 57 Years

CONTACT

1 Washington St, Glens Falls, NY 12801

Alan Charles Rosenthal Rhodes

Commercial Real Estate, Real Estate, Estate Planning, Business

Status: Licensed: 63 Years

CONTACT

1 Washington St, Glens Falls, NY 12801

Stefanie Di Lallo Bitter

Real Estate, Business, Estate, Power of Attorney, Municipal

Status:

CONTACT

1 Washington St, Glens Falls, NY 12801

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LEGAL TERMS

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

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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.'

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

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.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

CREDIT SHELTER TRUST

See AB trust.

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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Warrensburg Estate Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Pamela M. Babson

Matthew R. Ludemann

Kimberly Marie Wells

Robert S. Mcmillen

Lawrence Edward Corbett

John David Wright

Alan R. Rhodes

Philip C. Mcintire

Alan Charles Rosenthal Rhodes

Stefanie Di Lallo Bitter

TIPS

LEGAL TERMS

SPECIAL ADMINISTRATOR

EXEMPTION TRUST

DOWER AND CURTESY

FAILURE OF ISSUE

ABSTRACT OF TRUST

PROPERTY CONTROL TRUST

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

CHARITABLE TRUST

CREDIT SHELTER 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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