Lake Forest Estate Planning Lawyer, Illinois

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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.
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Includes: Gift Taxation

Michael A. Goldberg

✓ VERIFIED

Estate, Estate Planning, Trusts, Wills & Probate, Estate Administration

I am a lifelong Chicagoland resident with a passion for helping families plan their estates so their loved ones are cared for upon their passing. I ut... (more)

FREE CONSULTATION

CONTACT

847-549-0600

350 N. Milwaukee Avenue, Libertyville, IL 60048

Nefertiti France

✓ VERIFIED

Divorce & Family Law, Estate Planning

Nefertiti France is a practicing attorney in the state of Illinois. She received her J.D. from Rutgers School of Law in 2006.

FREE CONSULTATION

CONTACT

224-544-9346

900 North Shore Drive, Lake Bluff, IL 60044

Agata P. Karpowicz

Commercial Real Estate, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 21 Years

CONTACT

900 North Shore Dr, Lake Bluff, IL 60044

Agustin G. Garcia

Social Security, Government, Estate Planning, Accident & Injury

Status: In Good Standing Licensed: 46 Years

CONTACT

Highwood, IL 60040

Alan R. Press

International Tax, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 31 Years

CONTACT

1 Overlook Pt, Lincolnshire, IL 60069

Alan George Orlowsky

Real Estate, Federal Appellate Practice, Estate Planning, Divorce & Family Law

Status: In Good Standing

CONTACT

250 Parkway Dr, Lincolnshire, IL 60069

Alan Orlowsky

Real Estate, Federal Appellate Practice, Estate Planning, Divorce & Family Law

Status: In Good Standing

CONTACT

250 Parkway Dr, Lincolnshire, IL 60069

Alan Garland

Estate Planning, Wills & Probate

Status: In Good Standing Licensed: 63 Years

CONTACT

1540 Chapel Court, Deerfield, IL 60015

Amy Goldsmith

Tax, Litigation, Estate Planning, Business & Trade

Status: In Good Standing Licensed: 40 Years

CONTACT

101 Waukegan Road, Lake Bluff, IL 60044

Amy Lorraine Goldsmith

Commercial Real Estate, International Tax, Estate Planning, Business

Status: In Good Standing Licensed: 40 Years

CONTACT

959 South Waukegan Road, Lake Forest, IL 60045

800-923-0641

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LEGAL TERMS

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

DEED OF TRUST

See trust deed.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

CREDIT SHELTER TRUST

See AB trust.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

TRUSTEE POWERS

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

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

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.

SAMPLE LEGAL CASES

Dunn v. Patterson

... for them. The circuit court of Will County entered judgment on the pleadings, finding, as a matter of law, that provisions in certain estate planning documents prepared by defendant were contrary to public policy and void. The ...

Fitch v. McDermott, Will and Emery, LLP

... Around the same time, defendants Joseph Dietrich and John Dietrich (hereafter the Dietrichs), both certified public accountants, provided financial and accounting services for estate planning purposes to Victoria and her husband, plaintiff Thomas Fitch. ...

In re Estate of Henry

... Accordingly, the estate petitioned the court to allow the estate to execute estate planning documents for Henry which, it contended, were consistent with his known wishes and which would be "free from the taint of the undue influence and fraud which was assembled upon the ...

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Lake Forest Estate Planning Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Michael A. Goldberg

Nefertiti France

Agata P. Karpowicz

Agustin G. Garcia

Alan R. Press

Alan George Orlowsky

Alan Orlowsky

Alan Garland

Amy Goldsmith

Amy Lorraine Goldsmith

TIPS

LEGAL TERMS

ABATEMENT

DEED OF TRUST

ACCUMULATION TRUST

CREDIT SHELTER TRUST

SPRINKLING TRUST

FAMILY ALLOWANCE

TRUSTEE POWERS

BANKRUPTCY ESTATE

EXECUTOR

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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