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Abraham Michelson
About | Practice Areas
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
  Our legal team can advise you on your options for negotiating a solution.
3. Practice AreasServices
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Terrence J McKenna

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

Status: In Good Standing

FREE CONSULTATION

CONTACT

19333 East Grant Highway, Marengo, IL 60152

Harvey A. Meyers

Business & Trade, Litigation, Estate Planning, Transactions

Status: In Good Standing Licensed: 60 Years

CONTACT

100 W Washington St, Marengo, IL 60152

Thomas Schmitt

Municipal, Estate Planning, Divorce, Transactions

Status: In Good Standing Licensed: 50 Years

CONTACT

760 Bauman St, Marengo, IL 60152

Thomas W. Schmitt

Municipal, Estate Planning, Divorce, Transactions

Status: In Good Standing Licensed: 50 Years

CONTACT

760 Bauman St, Marengo, IL 60152

Nelson s. Anthony

Trusts, Lawsuit, Employment Discrimination, Bad Faith Insurance

Status: In Good Standing Licensed: 46 Years

CONTACT

14274 Flagstaff Ct., Huntley, IL 60142

Peter F. Carroll

Divorce & Family Law, Criminal, Estate, Business, Traffic

Status: In Good Standing

CONTACT

114 S. Jefferson Street, Woodstock, IL 60098

Angela Clare Thuma

Traffic, Estate, Adoption, Divorce & Family Law

Status: In Good Standing Licensed: 29 Years

CONTACT

101 N Throop St, Woodstock, IL 60098

Angela Thuma

Wills & Probate, Estate, Adoption, Divorce & Family Law

Status: In Good Standing Licensed: 29 Years

CONTACT

101 N Throop St, Woodstock, IL 60098

Steven Jay Cuda

Estate Planning, Family Law, Divorce, Transactions

Status: In Good Standing Licensed: 46 Years

CONTACT

101 Van Buren St, Crystal Lake, IL 60098

Steven Cuda

Estate Planning, Family Law, Divorce, Transactions

Status: In Good Standing Licensed: 46 Years

CONTACT

101 Van Buren St, Crystal Lake, IL 60098

800-923-0641

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LEGAL TERMS

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

FUNDING A TRUST

Transferring ownership of property to a trust.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

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.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

DEVISEE

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

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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Marengo Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Terrence J McKenna

Harvey A. Meyers

Thomas Schmitt

Thomas W. Schmitt

Nelson s. Anthony

Peter F. Carroll

Angela Clare Thuma

Angela Thuma

Steven Jay Cuda

Steven Cuda

TIPS

LEGAL TERMS

ACCUMULATION TRUST

FUNDING A TRUST

HOLOGRAPHIC WILL

SWEARING MATCH

SPECIAL ADMINISTRATOR

ESTATE TAXES

ADMINISTRATION (OF AN ESTATE)

LETTERS TESTAMENTARY

DEVISEE

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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