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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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Patrick O'Neil Quinn

Accident & Injury, Estate Planning, Medical Malpractice, Premises Liability, Car Accident

From the offices of Quinn Law Group in Park Ridge, Illinois, Attorney Patrick Quinn provides compassionate, dedicated representation for clients seeki... (more)

FREE CONSULTATION

CONTACT

847-232-7180

350 S. Northwest Highway, Park Ridge, IL 60068

Monica J. Gurgiolo

Corporate, Estate Planning, Wills & Probate, Trusts

Status: In Good Standing

CONTACT

5600 N River Rd, Des Plaines, IL 60018

James J. Riebandt

Commercial Leasing, Estate Planning, Corporate, Business Organization

Status: In Good Standing

CONTACT

1237 S. Arlington Heights Road, Arlington Heights, IL 60006

Michael Conrad

Accident & Injury, Divorce & Family Law, Bankruptcy & Debt, Estate, Real Estate

Status: In Good Standing Licensed: 29 Years

CONTACT

1561 E Oakton Street, Des Plaines, IL 60018

Gerald Eisen

Estate Planning

Status: In Good Standing Licensed: 61 Years

CONTACT

1430 Lee St, Des Plaines, IL 60018

Gerald Eisen

Estate Planning

Status: In Good Standing Licensed: 61 Years

CONTACT

1430 Lee St, Des Plaines, IL 60018

Zachary Ryan Lynn

Commercial Real Estate, Trusts, Child Custody, Trade Associations

Status: In Good Standing Licensed: 15 Years

CONTACT

1102 Jeannette St, Des Plaines, IL 60016

William Dale Vedral

Real Estate, Government, Estate

Status: In Good Standing Licensed: 56 Years

CONTACT

733 Lee Street, Des Plaines, IL 60016

Barry Gordon Collins

Real Estate, Estate Planning, Labor Law, Corporate

Status: In Good Standing Licensed: 57 Years

CONTACT

733 Lee St, Des Plaines, IL 60016

William Vedral

Real Estate, Government, Estate

Status: In Good Standing Licensed: 56 Years

CONTACT

733 Lee Street, Des Plaines, IL 60016

800-923-0641

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LEGAL TERMS

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

TRUSTEE POWERS

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

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

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.

FAMILY POT TRUST

See pot trust.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

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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Des Plaines Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Patrick O'Neil Quinn

Monica J. Gurgiolo

James J. Riebandt

Michael Conrad

Gerald Eisen

Gerald Eisen

Zachary Ryan Lynn

William Dale Vedral

Barry Gordon Collins

William Vedral

TIPS

LEGAL TERMS

CONTINGENT BENEFICIARY

INHERITANCE TAXES

PERSONAL PROPERTY

TRUSTEE POWERS

REAL ESTATE AGENT

INVENTORY

FAMILY POT TRUST

INHERIT

GENERATION-SKIPPING TRUST

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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