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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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David Spala

Wills & Probate, Estate, Transactions

Status: Licensed: 46 Years

CONTACT

946 S Ave, Oak Park, IL 60304

David Leonard Cwik

Commercial Real Estate, Estate, Transactions, Accident & Injury

Status: Licensed: 46 Years

CONTACT

6968 W North Ave, Elmwood Park, IL 60707

Lesa Moskowitz

Estate, Real Estate, Trusts

Status: Licensed: 19 Years

CONTACT

1220 Birks Court, La Grange, IL 60525

James Kash

Real Estate, Estate, Elder Law, Transactions

Status: Licensed: 41 Years

CONTACT

6545 W Archer Ave, Bridgeview, IL 60638

Dorothy Attermeyer

Estate Planning

Status: Licensed: 59 Years

CONTACT

740 Woodside Ave., Hinsdale, IL 60521

Nicholas Alfred Beis

Estate Planning, Elder Law, Business

Status:

CONTACT

1023 W. 55Th St., La Grange, IL 60525

Matthias Leuck

Real Estate, International, Estate Planning, Estate

Status: Licensed: 56 Years

CONTACT

84 East Burlington2 West, Riverside, IL 60546

Geraldine Borja

Real Estate, Litigation, Estate Planning, Insurance

Status: Licensed: 48 Years

CONTACT

Lyons, IL 60534

Cecille Martin

Estate Planning

Status: Licensed: 24 Years

CONTACT

2800 S 25th Ave, Broadview, IL 60155

Letitia Challos

Commercial Real Estate, Estate, Transactions, Business

Status: Licensed: 51 Years

CONTACT

703 Sherwood Rd, La Grange Park, IL 60526

800-814-6700

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LEGAL TERMS

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

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.

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.

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.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

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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Riverside Estate Lawyer, Illinois, page 6

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David Spala

David Leonard Cwik

Lesa Moskowitz

James Kash

Dorothy Attermeyer

Nicholas Alfred Beis

Matthias Leuck

Geraldine Borja

Cecille Martin

Letitia Challos

TIPS

LEGAL TERMS

SUMMARY PROBATE

PUBLISHED WORK

AUGMENTED ESTATE

INTESTATE

ANCILLARY PROBATE

ALTERNATE BENEFICIARY

LETTERS TESTAMENTARY

GRANTOR RETAINED INCOME TRUST

ABSTRACT OF TRUST

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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