Wauconda Estate Lawyer, Illinois

Sponsored Law Firm

x
Click For More Info:

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.
3. Practice AreasServices
  Find out how an experienced attorney can help end calls and prevent lawsuits.
1. Contact
2. E-mail
3. Refer
5. Visit:
6. Website
7. Profile

Hilary J. Negele

Real Estate, Wills, Bankruptcy

Status: In Good Standing

CONTACT

444 N Cedar Lake Rd, Round Lake, IL 60073

Thomas W. Malik

Litigation, Estate Planning, Employment, Corporate

Status: In Good Standing Licensed: 51 Years

CONTACT

211 S Main St, Barrington, IL 60084

Thomas Malik

Estate Planning, Employee Rights, Civil Rights, Household Mold, Personal Injury

Status: In Good Standing Licensed: 51 Years

CONTACT

211 S Main St, Barrington, IL 60084

Andrew Joseph Kelleher

Civil Rights, Estate Planning, International Tax, Personal Injury, Family Law

Status: In Good Standing Licensed: 36 Years

CONTACT

102 South Wynstone Park Drive, Barrington, IL 60010

Robert F. Krug

Litigation, Estate Planning, Civil Rights, Transactions

Status: In Good Standing Licensed: 51 Years

CONTACT

102 S Wynstone Park Dr, Barrington, IL 60010

Raymond Michael Rudnick

Federal Appellate Practice, Estate, Divorce, Personal Injury

Status: In Good Standing Licensed: 25 Years

CONTACT

102 S Wynstone Park Dr, Barrington, IL 60010

Jeanne M. Miller

Real Estate, Estate Planning, Business

Status: In Good Standing Licensed: 27 Years

CONTACT

4001 Roberts Road, Island Lake, IL 60042

Vasili D Russis

Litigation, International Tax, Estate Planning, Business

Status: In Good Standing Licensed: 29 Years

CONTACT

102 South Wynstone Park Dr, Barrington, IL 60010

Vasili Russis

International Tax, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 30 Years

CONTACT

102 S. Wynstone Park Drive, Barrington, IL 60010

Alex Mayfield

Transactions, Wills & Probate, Estate

Status: In Good Standing Licensed: 20 Years

CONTACT

25850 W Hwy 60, Grayslake, IL 60030

800-923-0641

Free Help: Use This Form or Call 800-943-8690

Call me for fastest results!
800-943-8690

Free Help: Use This Form or Call 800-943-8690

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

LEGAL TERMS

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

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.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

FUNDING A TRUST

Transferring ownership of property to a trust.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

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 ...

SORT BY:

FILTER BY:

Free Consultation
Male
Female
Suspended

Wauconda Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Hilary J. Negele

Thomas W. Malik

Thomas Malik

Andrew Joseph Kelleher

Robert F. Krug

Raymond Michael Rudnick

Jeanne M. Miller

Vasili D Russis

Vasili Russis

Alex Mayfield

TIPS

LEGAL TERMS

POWER OF APPOINTMENT

PROBATE

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

HEIR AT LAW

EXEMPTION TRUST

FUNDING A TRUST

CERTIFIED COPY

SUCCESSOR TRUSTEE

ESTATE TAXES

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

SORT BY:

FILTER BY:

PRACTICE AREAS 30

NEARBY CITY SUGGESTIONS

Lawyer.com Legal Protection Plan

Premium Membership

Additional Services

Resources

My Account Details