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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
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Andrew M. Larson

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Criminal, Real Estate, Estate

A Quad City native, Andrew takes pride in helping common people with their legal concerns. We are not a big, stuffy law firm looking to retire on a cl... (more)

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CONTACT

309-757-7500

3610 25th Street, Moline, IL 61265

Kenneth M. Collinson

Real Estate, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing

FREE CONSULTATION

CONTACT

225 E. First Street, Milan, IL 61264

Robert G Scott

Estate Planning, Wills & Probate, Real Estate, Trusts

Status: In Good Standing

FREE CONSULTATION

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225 E. First Street, Milan, IL 61264

Lincoln T. Scott

Wills & Probate, Estate Planning, Family Law, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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3610 25Th Street, Moline, IL 61265

Cristy Tackett-Hunt

Corporate, Business Organization, Corporate Tax, Estate Administration

Status: In Good Standing

CONTACT

1600 Fourth Avenue, Rock Island, IL 61201

Pamela M. Anderson

Business Organization, Estate Planning, Wills & Probate, Real Estate

Status: In Good Standing

CONTACT

1600 Fourth Avenue, Rock Island, IL 61201

John Ames

Real Estate, Government, Estate Planning, Estate

Status: In Good Standing Licensed: 63 Years

CONTACT

1000 3Rd St, Orion, IL 61273

John Gus Ames

Real Estate, Government, Estate Planning, Estate

Status: In Good Standing Licensed: 63 Years

CONTACT

Orion, IL 61273

Thomas Wayne Montgomery

Bankruptcy & Debt, Real Estate, Estate, Accident & Injury, Criminal

Status: In Good Standing

CONTACT

127 North Prospect Street, Cambridge, IL 61238

Daniel Stoerzbach

Social Security, Estate Planning, Adoption, Transactions, Business

Status: In Good Standing

CONTACT

2101 Windish Dr, Galesburg, IL 61401

800-923-0641

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LEGAL TERMS

TITLE COMPANY

A company that issues title insurance.

FAILURE OF ISSUE

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

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.

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.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

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.

SAMPLE LEGAL CASES

In re Estate of Feinberg

This case involves a dispute among the surviving children and grandchildren of Max and Erla Feinberg regarding the validity of a trust provision. The circuit court of Cook County found the trust provision unenforceable on the basis that it is contrary to the public policy of the state ...

In re Estate of Feinberg

In re ESTATE OF Max FEINBERG, Deceased (Leila R. Taylor, as Independent Coexecutor of the Will of Max Feinberg, Deceased, Plaintiff-Appellant, v. Michael B. Feinberg, Individually and as Coexecutor of the Will of Max Feinberg, Deceased; Fifth Third Bank, as Trustee under ...

In re Estate of Ellis

Grace Ellis executed a will in 1964 naming Shriners Hospitals for Children (Shriners) as beneficiary of her estate if she died without direct descendants. In 1999, she executed a new will naming James G. Bauman as sole beneficiary. Bauman was the pastor of the church of which ...

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Alpha Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Andrew M. Larson

Kenneth M. Collinson

Robert G Scott

Lincoln T. Scott

Cristy Tackett-Hunt

Pamela M. Anderson

John Ames

John Gus Ames

Thomas Wayne Montgomery

Daniel Stoerzbach

TIPS

LEGAL TERMS

TITLE COMPANY

FAILURE OF ISSUE

TRUSTEE POWERS

IN TERROREM

BANKRUPTCY ESTATE

DISINHERIT

NONPROBATE

WILL

LAPSE

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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