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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
Bankruptcy, Chapter 7, Chapter 13
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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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Gary Evans

Estate Planning, Commercial Real Estate, Civil Rights, Banking & Finance

Status: Licensed: 40 Years

CONTACT

1 Mid America Plaza, Villa Park, IL 60181

Jonathan David Herpy

Entertainment, Estate Planning, Civil Rights, Business

Status: Licensed: 12 Years

CONTACT

360 West Butterfield Road, Elmhurst, IL 60126

Michael Deboer

Real Estate, Estate Planning, Business, Corporate, Corporate

Status: Licensed: 39 Years

CONTACT

1200 Harger Rd, Hinsdale, IL 60523

Colleen Sahlas

Estate Planning, Adoption, Elder Law, Business

Status: Licensed: 25 Years

CONTACT

1200 Harger Rd, Hinsdale, IL 60523

Britt Salazar

Real Estate, Estate Planning

Status: Licensed: 13 Years

CONTACT

1200 Harger Rd, Oak Brook, IL 60523

Sean Lazzari

Traffic, Estate Planning, Divorce, DUI-DWI

Status:

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800 Enterprise Dr, Hinsdale, IL 60523

Timothy S. Midura

Wills & Probate, Estate Planning, Corporate, Business Organization, International Tax

Status: Licensed: 46 Years

CONTACT

1755 S Naperville Rd, Wheaton, IL 60189

Masaru Takiguchi

Estate Planning, Transactions, Corporate, Bankruptcy, Land Use & Zoning

Status: Licensed: 40 Years

CONTACT

1415 W 22Nd St, Oak Brook, IL 60523

Martin Lillig

Landlord-Tenant, International Tax, Government, Estate Planning, Estate

Status: Licensed: 59 Years

CONTACT

1900 Spring Rd, Hinsdale, IL 60523

William Thorsness

Tax, Federal Appellate Practice, Wills & Probate, Personal Injury, International Tax

Status: Licensed: 52 Years

CONTACT

1900 Spring Rd, Hinsdale, IL 60523

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LEGAL TERMS

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

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.'

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

FAILURE OF ISSUE

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

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

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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Lombard Estate Lawyer, Illinois, page 6

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Gary Evans

Jonathan David Herpy

Michael Deboer

Colleen Sahlas

Britt Salazar

Sean Lazzari

Timothy S. Midura

Masaru Takiguchi

Martin Lillig

William Thorsness

TIPS

LEGAL TERMS

PROPERTY CONTROL TRUST

PRETERMITTED HEIR

LIFE BENEFICIARY

DOWER AND CURTESY

TRUST DEED

ADMINISTRATRIX

FAILURE OF ISSUE

IRREVOCABLE TRUST

INCOMPETENCE

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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