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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.
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David Hernandez

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Bankruptcy & Debt, Estate, Real Estate, Workers' Compensation

Meet David Hernandez, a dedicated and experienced bankruptcy lawyer based in the bustling city of Chicago, IL. With a passion for helping individuals ... (more)

CONTACT

773-466-2000

3478 South Archer Ave, Chicago, IL 60608

Paul J. Prybylo

Residential Real Estate, Title Insurance, Commercial Real Estate, Business, Wills & Probate

Status: In Good Standing

FREE CONSULTATION

CONTACT

821 Garfield Street, Oak Park, IL 60304

John Naughton

Divorce & Family Law, Estate Planning, Corporate, Class Action

Status: In Good Standing Licensed: 47 Years

CONTACT

6514 W Cermak Rd, Berwyn, IL 60402

John Russell Mcculloh

Landlord-Tenant, Estate Planning, Transactions, Banking & Finance

Status: In Good Standing Licensed: 44 Years

CONTACT

3840 S Harlem Ave, Lyons, IL 60534

Elisa Allie

Commercial Real Estate, Estate Planning, Estate, Transactions

Status: In Good Standing Licensed: 30 Years

CONTACT

104 N Oak Park Ave, Oak Park, IL 60301

Elisa M. Allie

Commercial Real Estate, Estate Planning, Estate, Transactions

Status: In Good Standing Licensed: 30 Years

CONTACT

104 N Oak Park Ave, Oak Park, IL 60301

Craig Lusthoff

Commercial Real Estate, Estate Planning, Estate, Transactions

Status: In Good Standing Licensed: 51 Years

CONTACT

Riverside, IL 60546

Lance Doyl Taylor

Real Estate, Lawsuit & Dispute, Estate Planning, Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

1010 Lake St, Oak Park, IL 60301

Lance Taylor

Real Estate, Wills & Probate, Estate Planning, Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

1010 Lake St, Oak Park, IL 60301

Joanne F. Hurley

Construction Contracts, Estate, Family Medical Leave Act (FMLA), Business Organization, Business

Status: In Good Standing

CONTACT

1100 West Lake Street, Oak Park, IL 60301

800-923-0641

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LEGAL TERMS

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.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

SUCCESSOR TRUSTEE

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

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

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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Cicero Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David Hernandez

Paul J. Prybylo

John Naughton

John Russell Mcculloh

Elisa Allie

Elisa M. Allie

Craig Lusthoff

Lance Doyl Taylor

Lance Taylor

Joanne F. Hurley

TIPS

LEGAL TERMS

QTIP TRUST

HEIR AT LAW

TRUST DEED

SUCCESSOR TRUSTEE

SWEARING MATCH

INCOMPETENCE

INVENTORY

PETITION

TRUST CORPUS

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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