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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
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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

Status: In Good Standing

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1 North Virginia Street, Crystal Lake, IL 60014

Perry Callas

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

Status: In Good Standing

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5412 Route 31, Crystal Lake, IL 60012

Karen Lavin

Estate Planning, Family Law, Divorce, Divorce & Family Law

Status: In Good Standing

FREE CONSULTATION

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850 South McHenry Ave, Ste B, Crystal Lake, IL 60014

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

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

Terrence J McKenna

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

Status: In Good Standing

FREE CONSULTATION

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19333 East Grant Highway, Marengo, IL 60152

Timothy J. Clifton

Traffic, Estate Planning, Divorce, DUI-DWI

Status: In Good Standing

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50 N Virginia St, Crystal Lake, IL 60014

Jeffrey Edward Schulze

Estate, Divorce, Criminal, Business

Status: In Good Standing

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1142 N Main St, Barrington, IL 60102

Jeffrey Schulze

Estate, Divorce, Criminal, Business

Status: In Good Standing

CONTACT

1142 N Main St, Barrington, IL 60102

800-923-0641

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LEGAL TERMS

FAMILY POT TRUST

See pot trust.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

DEVISEE

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

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

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 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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Mchenry County, IL Estate Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Mathew Roy Patrick Perrone

Joseph Gottemoller

Perry Callas

Karen Lavin

Troy Conway Owens

Nelson s. Anthony

Terrence J McKenna

Timothy J. Clifton

Jeffrey Edward Schulze

Jeffrey Schulze

TIPS

LEGAL TERMS

FAMILY POT TRUST

DISTRIBUTEE

INTESTATE SUCCESSION

RESIDUARY ESTATE

PRETERMITTED HEIR

DEVISEE

SECONDARY MEANING

EXEMPTION TRUST

TRUST CORPUS

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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