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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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Matthew Livingston

Estate, Real Estate, Business Organization, Wills & Probate, Guardianships & Conservatorships

Matthew Livingston is a member of the Illinois Bar Association, the Chicago Bar Association, and the Illinois Real Estate Lawyers Association. Knowled... (more)

FREE CONSULTATION

CONTACT

847-544-6657

2700 Patriot Blvd, Glenview, IL 60026

Arnold D. Goldstein

✓ VERIFIED

Divorce & Family Law, Estate

For more than four decades, Arnold Goldstein has provided results-focused advocacy for a broad range of family law issues. During his tenure, Mr. Gold... (more)

CONTACT

847-926-0300

707 Skokie Blvd, Northbrook, IL 60062

Melanie B. Hoffman

Estate Administration, Estate Planning, Guardianships & Conservatorships

Status: In Good Standing

CONTACT

One Northfield Plaza, Winnetka, IL 60093

Betsy Kadus

Wills & Probate, Government Agencies, Elder Law, Estate Planning

Status: In Good Standing

FREE CONSULTATION

CONTACT

500 Skokie Blvd., Northbrook, IL 60062

Mimi L. Turney

Business Organization, Estate Planning

Status: In Good Standing

CONTACT

707 Skokie Blvd # 500, Northbrook, IL 60062

Howard Gopman

Business, Estate Planning, Accident & Injury, Criminal

Status: In Good Standing Licensed: 59 Years

CONTACT

One Northfield Plaza, Northfield, IL 60093

Victor K Oraham

Estate, Trusts, Estate Planning, Personal Injury

Status: In Good Standing Licensed: 41 Years

CONTACT

Serving Cook and Neighboring Counties, Glencoe, IL 60022

James J Wochner

International, Estate Planning, Estate, Business Organization

Status: In Good Standing Licensed: 53 Years

CONTACT

707 Skokie Blvd, Northbrook, IL 60062

Lynn A. Cohen

Estate, Divorce & Family Law

Status: In Good Standing Licensed: 42 Years

FREE CONSULTATION

CONTACT

4711 West Golf Road, Skokie, IL 60076

Robert Wertheimer

Business & Trade, Estate Planning, Wills & Probate, Elder Law

Status: In Good Standing Licensed: 53 Years

CONTACT

400 Skokie Boulevard, Northbrook, IL 60062

800-923-0641

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LEGAL TERMS

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

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.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

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.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

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.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

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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Techny Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Matthew Livingston

Arnold D. Goldstein

Melanie B. Hoffman

Betsy Kadus

Mimi L. Turney

Howard Gopman

Victor K Oraham

James J Wochner

Lynn A. Cohen

Robert Wertheimer

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LEGAL TERMS

ESTATE PLANNING

REMAINDERMAN

ESTATE TAXES

RULE AGAINST PERPETUITIES

CONSERVATOR

INTESTATE

INVENTORY

OFFICER

TESTAMENTARY TRUST

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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