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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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La Vetta Dianne Wallace Williams

Business & Trade, Litigation, Employee Rights, Estate Planning

Status: In Good Standing Licensed: 34 Years

CONTACT

21470 Main St, Matteson, IL 60443

Summer Mcelroy

Estate Planning, Divorce & Family Law, Transactions, Bankruptcy

Status: In Good Standing Licensed: 18 Years

CONTACT

4747 Lincoln Mall Drive, Matteson, IL 60443

Kelly Karczmar

Estate Planning, Wills & Probate, Trusts, Elder Law

Status: In Good Standing Licensed: 20 Years

CONTACT

575 W. Exchange, Crete, IL 60417

Kelly Ann Karczmar

Real Estate, Medicare & Medicaid, Social Security, Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

525 West Exchange Street, Crete, IL 60417

Roberta Buoscio

Divorce, Transactions, Estate, Family Law

Status: In Good Standing Licensed: 38 Years

CONTACT

12 West 15Th Street, Chicago Heights, IL 60411

J. Brent Hopper

Traffic, Estate Planning, Criminal, Transactions

Status: In Good Standing Licensed: 39 Years

CONTACT

12 W 15Th St, Chicago Heights, IL 60411

Roberta Cioe Buoscio

Divorce, Transactions, Estate, Family Law

Status: In Good Standing Licensed: 38 Years

CONTACT

12 West 15Th Street, Chicago Heights, IL 60411

Lex A. Johnson

State Appellate Practice, Wills & Probate, Juvenile Law, DUI-DWI

Status: In Good Standing

CONTACT

4749 Lincoln Mall Dr., Matteson, IL 60443

Richard Paul Gerardi

Commercial Real Estate, Estate Planning, Estate, Transactions

Status: In Good Standing Licensed: 55 Years

CONTACT

165 W 10Th St, Chicago Heights, IL 60411

Richard Gerardi

Commercial Real Estate, Estate Planning, Estate, Transactions

Status: In Good Standing Licensed: 55 Years

CONTACT

165 W 10Th St, Chicago Heights, IL 60411

800-923-0641

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LEGAL TERMS

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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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Park Forest Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

La Vetta Dianne Wallace Williams

Summer Mcelroy

Kelly Karczmar

Kelly Ann Karczmar

Roberta Buoscio

J. Brent Hopper

Roberta Cioe Buoscio

Lex A. Johnson

Richard Paul Gerardi

Richard Gerardi

TIPS

LEGAL TERMS

AB TRUST

HEIR APPARENT

SUMMARY PROBATE

PETITION

SELF-PROVING WILL

KINDRED

PREDECEASED SPOUSE

OFFICER

BENEFICIARY

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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