Andover Estate Planning Lawyer, Illinois

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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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Includes: Gift Taxation

Philip Edwin Koenig

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Estate, Estate Planning, Lawsuit & Dispute, Real Estate, Tax

From his law offices in Rock Island, Illinois, estate and trust attorney Philip E. Koenig counsels individuals and businesses from the Quad Cities are... (more)

CONTACT

800-950-6960

1515 4th Ave, Rock Island, IL 61201

Lincoln T. Scott

Wills & Probate, Estate Planning, Family Law, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

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

CONTACT

225 E. First Street, Milan, IL 61264

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: 64 Years

CONTACT

Orion, IL 61273

James Hade Nash

Estate Planning, Estate, Guardianships & Conservatorships, Elder Law

Status: In Good Standing

CONTACT

445 Us Hwy 6 East, Geneseo, IL 61254

James Nash

Estate Planning, Estate, Guardianships & Conservatorships, Elder Law

Status: In Good Standing

CONTACT

445 Us Hwy 6 East, Geneseo, IL 61254

John Bean

Estate Planning, Estate, Guardianships & Conservatorships, Elder Law

Status: In Good Standing

CONTACT

445 Us Hwy 6E, Geneseo, IL 61254

800-923-0641

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LEGAL TERMS

CERTIFICATION OF TRUST

See abstract of trust.

TRUSTEE POWERS

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

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

FAILURE OF ISSUE

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

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

SUCCESSOR TRUSTEE

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

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.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

SAMPLE LEGAL CASES

Dunn v. Patterson

... for them. The circuit court of Will County entered judgment on the pleadings, finding, as a matter of law, that provisions in certain estate planning documents prepared by defendant were contrary to public policy and void. The ...

Fitch v. McDermott, Will and Emery, LLP

... Around the same time, defendants Joseph Dietrich and John Dietrich (hereafter the Dietrichs), both certified public accountants, provided financial and accounting services for estate planning purposes to Victoria and her husband, plaintiff Thomas Fitch. ...

In re Estate of Henry

... Accordingly, the estate petitioned the court to allow the estate to execute estate planning documents for Henry which, it contended, were consistent with his known wishes and which would be "free from the taint of the undue influence and fraud which was assembled upon the ...

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Andover Estate Planning Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Philip Edwin Koenig

Lincoln T. Scott

Kenneth M. Collinson

Robert G Scott

Pamela M. Anderson

John Ames

John Gus Ames

James Hade Nash

James Nash

John Bean

TIPS

LEGAL TERMS

CERTIFICATION OF TRUST

TRUSTEE POWERS

QTIP TRUST

FAILURE OF ISSUE

CERTIFIED COPY

SUCCESSOR TRUSTEE

SPENDTHRIFT TRUST

DEVISEE

TRUST MERGER

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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