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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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Raymond John Kloss

Traffic, Estate, Divorce, DUI-DWI

Status: In Good Standing Licensed: 28 Years

CONTACT

505 E Hawley St, Lake Zurich, IL 60060

Alan Kovitz

Commercial Real Estate, Real Estate, Litigation, Estate Planning

Status: In Good Standing Licensed: 67 Years

CONTACT

175 N Archer Ave, Lake Zurich, IL 60060

Alan David Kovitz

Commercial Real Estate, Real Estate, Litigation, Estate Planning

Status: In Good Standing Licensed: 66 Years

CONTACT

175 N Archer Ave, Lake Zurich, IL 60060

Brian Joseph Cohan

Estate Planning, Elder Law, Business, Personal Injury

Status: In Good Standing Licensed: 43 Years

CONTACT

5659 Rfd Rd, Lake Zurich, IL 60047

Carey James Schiever

Commercial Real Estate, Estate Planning, Estate, Transactions

Status: In Good Standing

CONTACT

3 Hawthorn Pkwy, Vernon Hills, IL 60061

Andrew Joseph Kelleher

Civil Rights, Estate Planning, International Tax, Personal Injury, Family Law

Status: In Good Standing Licensed: 36 Years

CONTACT

102 South Wynstone Park Drive, Barrington, IL 60010

Robert F. Krug

Litigation, Estate Planning, Civil Rights, Transactions

Status: In Good Standing Licensed: 51 Years

CONTACT

102 S Wynstone Park Dr, Barrington, IL 60010

Raymond Michael Rudnick

Federal Appellate Practice, Estate, Divorce, Personal Injury

Status: In Good Standing Licensed: 25 Years

CONTACT

102 S Wynstone Park Dr, Barrington, IL 60010

Scott Rosenlund

Estate Planning, Condominiums, Real Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

430-440 Telser Road, Lake Zurich, IL 60047

Scott Alan Rosenlund

Estate Planning, Condominiums, Real Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

430-440 Telser Road, Lake Zurich, IL 60047

800-923-0641

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LEGAL TERMS

DEVISEE

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

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

TRUSTEE POWERS

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

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.

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.

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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Mundelein Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Raymond John Kloss

Alan Kovitz

Alan David Kovitz

Brian Joseph Cohan

Carey James Schiever

Andrew Joseph Kelleher

Robert F. Krug

Raymond Michael Rudnick

Scott Rosenlund

Scott Alan Rosenlund

TIPS

LEGAL TERMS

DEVISEE

GRANTOR

TRUSTEE

POWER OF APPOINTMENT

PROVING A WILL

INTESTATE

TRUSTEE POWERS

RESIDUARY ESTATE

RESIDUARY BENEFICIARY

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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