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Abraham Michelson
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203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
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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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Includes: Estate Administration, Living Wills, Wills

David Blocher

Elder Law, Estate Planning, Wills & Probate, Trusts

Status: In Good Standing

FREE CONSULTATION

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70 W. Madison St., Chicago, IL 60602

Mollie A Whitehead

Elder Law, Estate Planning, Wills & Probate, Trusts

Status: In Good Standing

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4801 W. Peterson, Ste 412, Chicago, IL 60646

Elizabeth Fink

Elder Law, Estate Planning, Guardianships & Conservatorships, Living Wills

Status: In Good Standing

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4801 W. Peterson, Ste 412, Chicago, IL 60646

Monica J. Gurgiolo

Corporate, Estate Planning, Wills & Probate, Trusts

Status: In Good Standing

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5600 N River Rd, Des Plaines, IL 60018

Melanie B. Hoffman

Estate Administration, Estate Planning, Guardianships & Conservatorships

Status: In Good Standing

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One Northfield Plaza, Winnetka, IL 60093

Jason A. Doran

Corporate, Business Organization, Estate Administration, Estate Planning

Status: In Good Standing

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2500 South Highland Avenue, Lombard, IL 60148

Betsy Kadus

Wills & Probate, Government Agencies, Elder Law, Estate Planning

Status: In Good Standing

FREE CONSULTATION

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500 Skokie Blvd., Northbrook, IL 60062

Jerome G McSherry

Real Estate, Wills & Probate, Trusts, Estate

Status: In Good Standing

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121 S. Wilke Rd., #407, Arlington Heights, IL 60005

Kathleen R. Ryding

Wills & Probate, Estate Planning, Family Law, Corporate

Status: In Good Standing

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1755 South Naperville Road, Wheaton, IL 60189

Audrey Johnson Skiera

Tax, Wills & Probate, Estate Planning, Estate

Status: In Good Standing

CONTACT

1755 South Naperville Road, Wheaton, IL 60189

800-923-0641

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LEGAL TERMS

IRREVOCABLE TRUST

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

TITLE COMPANY

A company that issues title insurance.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

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.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

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.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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.'

MARITAL LIFE ESTATE TRUST

See AB trust.

SAMPLE LEGAL CASES

In re Estate of Ellis

... Bauman was the pastor of the church of which Ellis was a member. When Ellis died in 2003, the 1999 will was admitted to probate. ... The circuit court of Cook County dismissed all counts as untimely pursuant to section 8-1 of the Probate Act of 1975 (755 ILCS 5/8-1 (West 2006)). ...

Wackrow v. Niemi

... James Woods died in August 2002. Letters of office were issued and Woods' will was admitted to probate on October 23, 2002. ... The estate did not deliver the property or the $300,000 to plaintiff. On October 24, 2003, the probate court denied plaintiff's claim against the estate. ...

In re Estate of Feinberg

... freedom. The Probate Act places only two limits on the ability of a testator to choose the objects of his bounty. ... desire. Under the Probate Act, Max and Erla had no obligation to make any provision at all for their grandchildren. ...

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Chicago Wills & Probate Lawyer, Illinois, page 3

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David Blocher

Mollie A Whitehead

Elizabeth Fink

Monica J. Gurgiolo

Melanie B. Hoffman

Jason A. Doran

Betsy Kadus

Jerome G McSherry

Kathleen R. Ryding

Audrey Johnson Skiera

TIPS

LEGAL TERMS

IRREVOCABLE TRUST

TITLE COMPANY

SUCCESSION

LETTERS TESTAMENTARY

GROSS ESTATE

TRUST DEED

BENEFICIARY

ABSTRACT OF TRUST

MARITAL LIFE ESTATE TRUST

SAMPLE LEGAL CASES

In re Estate of Ellis

Wackrow v. Niemi

In re Estate of Feinberg

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