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Abraham Michelson
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The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Mary Liberty

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Estate, Wills & Probate, Trusts, Estate Planning

Mary Liberty is the owner of Illinois Estate Plan, a trusted firm providing estate planning and probate services across Illinois. Mary has a reputatio... (more)

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CONTACT

312-373-0731

1200 N Ashland Ave,, Chicago, IL 60622

Leon J. Teichner

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Estate, Wills & Probate, Trusts, Real Estate

Leon J. Teichner and Associates is a law office in Chicago, IL. Attorney Teichner has been practicing law for 45 years. He obtained his bachelor’s d... (more)

FREE CONSULTATION

CONTACT

312-541-2822

161 North Clark Street, Chicago, IL 60601

Dennis Arnold Delman

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

Dennis A. Delman is a highly accomplished attorney and a key figure at Delman & Cohen, a reputable law firm situated in Skokie, Illinois. With a stron... (more)

CONTACT

847-674-3000

4711 Golf Rd., Skokie, IL 60076

Peggy A. Pratscher

Estate, Trusts, Power of Attorney, Estate Planning

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2100 Manchester Road, Wheaton, IL 60187

Lawrence A. Stein

Corporate, Estate Planning, Trusts, Litigation

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1755 South Naperville Road, Wheaton, IL 60189

Cindy Tolan

Business Organization, Wills & Probate, Real Estate, Trusts

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1755 South Naperville Road, Wheaton, IL 60189

Kathy Martinez

Trusts, Estate Planning, Business

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1755 South Naperville Road, Wheaton, IL 60189

Monica J. Gurgiolo

Corporate, Estate Planning, Wills & Probate, Trusts

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5600 N River Rd, Des Plaines, IL 60018

Jerome G McSherry

Real Estate, Wills & Probate, Trusts, Estate

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121 S. Wilke Rd., #407, Arlington Heights, IL 60005

Mollie A Whitehead

Elder Law, Estate Planning, Wills & Probate, Trusts, Estate

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4801 W. Peterson, Ste 412, Chicago, IL 60646

800-814-6700

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LEGAL TERMS

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.'

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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.

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.

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.

SURROGATE COURT

See probate court.

PREDECEASED SPOUSE

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

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

SAMPLE LEGAL CASES

In re Estate of Feinberg

... 534, 891 NE2d 549. In reaching this conclusion, the appellate court relied on decisions of this court dating back as far as 1898 and, as noted, on the Restatement (Third) of Trusts. ISSUE PRESENTED. ... Applicability of Restatement (Third) of Trusts. ...

In re Estate of Feinberg

... 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 the Trusts of Max ...

Laubner v. JP Morgan Chase Bank, NA

... 747 Justice COOK delivered the opinion of the court: On October 31, 2007, plaintiffs Patricia A. Laubner and Pamela A. Larson filed an amended petition to remove codefendant Deborah B. Alley as trustee and to modify the distributions being made from the trusts. ...

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Aurora Trusts Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Mary Liberty

Leon J. Teichner

Dennis Arnold Delman

Peggy A. Pratscher

Lawrence A. Stein

Cindy Tolan

Kathy Martinez

Monica J. Gurgiolo

Jerome G McSherry

Mollie A Whitehead

TIPS

LEGAL TERMS

PRETERMITTED HEIR

PUBLIC ADMINISTRATOR

GENERATION-SKIPPING TRANSFER TAX

SELF-PROVING WILL

HOLOGRAPHIC WILL

INTESTATE

SURROGATE COURT

PREDECEASED SPOUSE

QTIP TRUST

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

Laubner v. JP Morgan Chase Bank, NA

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