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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
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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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Robert L Pitkofsky

Intellectual Property, Estate, Employment, Business

Status: In Good Standing Licensed: 23 Years

CONTACT

51-55 Route 9W, West Haverstraw, NY 10993

Phyllis Weinstein Shandler

Accident & Injury, Criminal, Estate, Workers' Compensation

Status: In Good Standing Licensed: 38 Years

CONTACT

90 New Main St, Haverstraw, NY 10927

Jeanne Marie Hurley

Immigration, Wills & Probate, Employment, Personal Injury

Status: In Good Standing Licensed: 39 Years

CONTACT

148 S Liberty Dr, Stony Point, NY 10980

Joanna Maria Caccavo

Other, Industry Specialties, Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

148 S Liberty Dr, Stony Point, NY 10980

Ivonne Suset Santos

Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 25 Years

CONTACT

11 Ramapo Rd, Garnerville, NY 10923

Paul D. Feinstein

Real Estate, Lawsuit & Dispute, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 57 Years

CONTACT

4 Oak Ct, Stony Point, NY 10980

Adam Keith Kurland

Real Estate, Lawsuit & Dispute, Estate, Business

Status: In Good Standing

CONTACT

337 North Main St, New City, NY 10956

Paul Leonard Becker

Estate, Employment, Child Custody, Business

Status: In Good Standing Licensed: 49 Years

CONTACT

6 Larkspur Court, New City, NY 10956

Charles Gerard Davis

Real Estate, Estate, Elder Law

Status: In Good Standing Licensed: 56 Years

CONTACT

20 Squadron Blvd, New City, NY 10956

David Warren

Family Law, Wills & Probate, Child Support, Farms

Status: In Good Standing Licensed: 29 Years

CONTACT

17 Squadron Blvd, New City, NY 10956

800-923-0641

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LEGAL TERMS

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

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.'

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.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

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.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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.

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.

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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West Haverstraw Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Robert L Pitkofsky

Phyllis Weinstein Shandler

Jeanne Marie Hurley

Joanna Maria Caccavo

Ivonne Suset Santos

Paul D. Feinstein

Adam Keith Kurland

Paul Leonard Becker

Charles Gerard Davis

David Warren

TIPS

LEGAL TERMS

GRANTOR

ABSTRACT OF TRUST

ESTATE PLANNING

SELF-PROVING WILL

PROPERTY CONTROL TRUST

TRUSTEE POWERS

IN TERROREM

GENERATION-SKIPPING TRANSFER TAX

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

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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