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Abraham Michelson
About | Practice Areas
The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
Bankruptcy, Chapter 7, Chapter 13
Chicago Bankruptcy Lawyer

When your finances are at stake, choose the best. Don't sink deeper in debt. Contact The Michelson Law Office

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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Vincent C. Machroli

✓ VERIFIED

Divorce & Family Law, Paternity, Estate Planning, Bankruptcy, Criminal

OVER 30 YEARS OF EXPERIENCE IN FAMILY LAW, ESTATE PLANNING, REAL ESTATE, AND BANKRUPTCY LAW At the Law Office of Vincent C. Machroli, P.C., we are ... (more)

FREE CONSULTATION

CONTACT

708-449-7404

4415 Harrison St, Hillside, IL 60162

Robert Schaller

✓ VERIFIED

Estate, Real Estate, Bankruptcy & Debt, Lawsuit & Dispute

WILLS, TRUSTS, PROBATE & TAX ATTORNEY & REGISTERED CPA | EXPECT THE BEST | 37+ YEARS OF EXPERIENCE

Attorney Robert Schaller treats every client like family, giving them the time and personal attention they deserve. The law firm offers both in-office... (more)

FREE CONSULTATION

CONTACT

630-655-1233

700 Commerce Drive, Oak Brook, IL 60523

Kathryn C. Whitacre

Real Estate, Business, Divorce & Family Law, Estate, Foreclosure

Kathryn C. Whitacre is a founding partner of Whitacre & Stefanczuk LTD in Oak Brook, IL. She practices in the areas of family law, real estate, and bu... (more)

FREE CONSULTATION

CONTACT

773-622-6100

900 Jorie Blvd, Oak Brook, IL 60523

Matthew J Ryan

Bankruptcy, Criminal, Estate Planning, Family Law

Status: In Good Standing

FREE CONSULTATION

CONTACT

3101 N Rose Street, Franklin Park, IL 60131

Rebecca Chamberlin Little

Business Organization, Corporate Tax, Gift Taxation, Excise Taxes

Status: In Good Standing

CONTACT

1110 Jorie Blvd., #210, Oak Brook, IL 60523

Robert Honig

Real Estate, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

116 S. York St, Elmhurst, IL 60126

Paul J. Prybylo

Residential Real Estate, Title Insurance, Commercial Real Estate, Business, Wills & Probate

Status: In Good Standing

FREE CONSULTATION

CONTACT

821 Garfield Street, Oak Park, IL 60304

Marc Gugliuzza

Power of Attorney, Residential Real Estate, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing Licensed: 19 Years

CONTACT

1550 Spring Road, Oak Brook, IL 60523

Michael V. LoCicero

Estate Planning, Family Law, Divorce, Elder Law

FREE CONSULTATION

CONTACT

1200 Harger Road, Oak Brook, IL 60523

James Pauletto

Commercial Real Estate, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 45 Years

CONTACT

Melrose Park, IL 60164

800-923-0641

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LEGAL TERMS

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.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

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.'

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.'

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

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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Stone Park Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Vincent C. Machroli

Robert Schaller

Kathryn C. Whitacre

Matthew J Ryan

Rebecca Chamberlin Little

Robert Honig

Paul J. Prybylo

Marc Gugliuzza

Michael V. LoCicero

James Pauletto

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LEGAL TERMS

HOLOGRAPHIC WILL

SPENDTHRIFT TRUST

INVESTOR

PRETERMITTED HEIR

TRUST CORPUS

REAL ESTATE AGENT

EXECUTOR

SUCCESSOR TRUSTEE

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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