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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
  Our legal team can advise you on your options for negotiating a solution.
3. Practice AreasServices
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Marc J. Blumenthal

Real Estate, Industry Specialties, Estate, Business

Status: In Good Standing

CONTACT

355 W. Dundee Rd., Buffalo Grove, IL 60089

Brian Joseph Cohan

Estate Planning, Elder Law, Business, Personal Injury

Status: In Good Standing Licensed: 43 Years

CONTACT

5659 Rfd Rd, Lake Zurich, IL 60047

Peter J Wifler

Real Estate, Litigation, Estate Planning, Family Law

Status: In Good Standing Licensed: 38 Years

CONTACT

335 Chancery Ln, Lake Zurich, IL 60047

Scott Alan Rosenlund

Estate Planning, Condominiums, Real Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

430-440 Telser Road, Lake Zurich, IL 60047

Scott Rosenlund

Estate Planning, Condominiums, Real Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

430-440 Telser Road, Lake Zurich, IL 60047

Katerina Tsoukalas-heitkemper

Real Estate, Litigation, Estate Planning, Federal Appellate Practice

Status: In Good Standing Licensed: 19 Years

CONTACT

430 Telser Rd, Lake Zurich, IL 60047

Megan Laura Kerr

Divorce & Family Law, Accident & Injury, Estate, Employment, Business

Status: In Good Standing

CONTACT

4180 Rfd Route 83, Lake Zurich, IL 60047

Megan Kerr

Estate Planning, Divorce, Civil Rights, Personal Injury, Child Custody

Status: In Good Standing

CONTACT

4180 Route 83, Lake Zurich, IL 60047

Brian Brewer

Estate Planning, Civil Rights, Divorce, Personal Injury

Status: In Good Standing

CONTACT

4180 Rfd Route 83, Lake Zurich, IL 60047

Brian Scott Brewer

Estate Planning, Divorce, Civil Rights, Personal Injury

Status: In Good Standing

CONTACT

4180 Rfd Route 83, Lake Zurich, IL 60047

800-923-0641

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LEGAL TERMS

TITLE COMPANY

A company that issues title insurance.

PUBLISHED WORK

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public o... (more...)

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public on an unrestricted basis. It is thus possible to display a work, or distribute it with restrictions on disclosure of its contents, without actually 'publishing' it. Both published and unpublished works are entitled to copyright protection, but some of the rules differ.

PREDECEASED SPOUSE

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

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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.

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.

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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Lake Zurich Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Marc J. Blumenthal

Brian Joseph Cohan

Peter J Wifler

Scott Alan Rosenlund

Scott Rosenlund

Katerina Tsoukalas-heitkemper

Megan Laura Kerr

Megan Kerr

Brian Brewer

Brian Scott Brewer

TIPS

LEGAL TERMS

TITLE COMPANY

PUBLISHED WORK

PREDECEASED SPOUSE

CHARITABLE TRUST

FAILURE OF ISSUE

PROBATE

AUGMENTED ESTATE

RULE AGAINST PERPETUITIES

GENERATION-SKIPPING TRANSFER TAX

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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