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Abraham Michelson
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The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
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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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James P. Leahy

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Workers' Compensation, Personal Injury, Estate

Straightforward Effective Representation Since 1976Law Office of James P. Leahy1275 Davis RoadElgin, Illinois 60123Telephone: (847) 695-9806Fax: (847)... (more)

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847-695-9806

1275 Davis Rd, Elgin, IL 60123

Mathew Roy Patrick Perrone

Real Estate, Patent, Copyright, Estate Planning

Status: In Good Standing

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210 South Main Street, Algonquin, IL 60102

Joseph Gottemoller

Land Use & Zoning, Real Estate, Estate Planning, Family Law

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1 North Virginia Street, Crystal Lake, IL 60014

Perry Callas

Wills & Probate, Estate Planning, Merger & Acquisition, Corporate

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5412 Route 31, Crystal Lake, IL 60012

John E. Juergensmeyer

Corporate, Consumer Bankruptcy, DUI-DWI, Estate Planning

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1275 Davis Road, Elgin, IL 60123

Nelson s. Anthony

Trusts, Lawsuit, Employment Discrimination, Bad Faith Insurance

Status: In Good Standing Licensed: 46 Years

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14274 Flagstaff Ct., Huntley, IL 60142

Donna Sandacz

Mediation, International Tax, Estate Planning, Divorce & Family Law

Status: In Good Standing Licensed: 14 Years

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11021 Woodstock St, Huntley, IL 60142

Troy Conway Owens

Intellectual Property, Estate Planning, Civil Rights, Business

Status: In Good Standing

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9 Crystal Lake Road, Lake In The Hills, IL 60156

Martin Jay Waitzman

Tax, Estate Planning, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 41 Years

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2413 W Algonquin Rd, Barrington, IL 60102

Terrence J McKenna

Real Estate, Wills & Probate, Workers' Compensation, Personal Injury

Status: In Good Standing

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19333 East Grant Highway, Marengo, IL 60152

800-923-0641

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LEGAL TERMS

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

FAILURE OF ISSUE

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

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.'

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

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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Huntley Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

James P. Leahy

Mathew Roy Patrick Perrone

Joseph Gottemoller

Perry Callas

John E. Juergensmeyer

Nelson s. Anthony

Donna Sandacz

Troy Conway Owens

Martin Jay Waitzman

Terrence J McKenna

TIPS

LEGAL TERMS

QDOT TRUST

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

EXEMPTION TRUST

TRUST MERGER

RESIDUARY BENEFICIARY

FAILURE OF ISSUE

ABSTRACT OF TRUST

MINERAL RIGHTS

ANCILLARY PROBATE

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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