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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.
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Includes: Gift Taxation

John Joseph O'donnell

Estate Planning, Divorce & Family Law, Civil Rights, Transactions

Status: In Good Standing Licensed: 41 Years

CONTACT

16231 Wausau Ave, South Holland, IL 60473

Scott David Dillner

Personal Injury, Workers' Compensation, DUI-DWI, Estate Planning

Status: In Good Standing Licensed: 32 Years

CONTACT

16231 Wausau Ave, South Holland, IL 60473

John David Dillner

Litigation, Estate Planning, Transactions, Municipal

Status: In Good Standing Licensed: 60 Years

CONTACT

16231 Wausau Avenue, South Holland, IL 60473

Timothy Charles Lapp

Litigation, Municipal, Estate Planning, Civil Rights

Status: In Good Standing Licensed: 34 Years

CONTACT

16231 Wausau Ave, South Holland, IL 60473

John Dillner

Litigation, Estate Planning, Transactions, Municipal

Status: In Good Standing Licensed: 60 Years

CONTACT

16231 Wausau Avenue, South Holland, IL 60473

Angelo J. Vitiritti

Bankruptcy, Estate Planning, Transactions, Criminal

Status: In Good Standing Licensed: 34 Years

CONTACT

16231 Wausau Ave, South Holland, IL 60473

Angelo Vitiritti

Divorce & Family Law, Criminal, Bankruptcy, Estate Planning

Status: In Good Standing Licensed: 34 Years

CONTACT

16231 Wausau Ave, South Holland, IL 60473

Keoini Haynes Wells

Estate Planning, Family Law, Divorce, Transactions

Status: In Good Standing Licensed: 17 Years

CONTACT

734 Ridge Road, Homewood, IL 60430

Michael Anthony Buck

Traffic, Estate Planning, Workers' Compensation, Personal Injury

Status: In Good Standing Licensed: 49 Years

CONTACT

15601 Cicero Ave, Oak Forest, IL 60452

Edward J. Burt

Estate Planning, Divorce & Family Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 51 Years

CONTACT

5320 W 159Th St, Oak Forest, IL 60452

800-923-0641

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LEGAL TERMS

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

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).

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.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

MARITAL LIFE ESTATE TRUST

See AB trust.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

IRREVOCABLE TRUST

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

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.'

SAMPLE LEGAL CASES

Dunn v. Patterson

... for them. The circuit court of Will County entered judgment on the pleadings, finding, as a matter of law, that provisions in certain estate planning documents prepared by defendant were contrary to public policy and void. The ...

Fitch v. McDermott, Will and Emery, LLP

... Around the same time, defendants Joseph Dietrich and John Dietrich (hereafter the Dietrichs), both certified public accountants, provided financial and accounting services for estate planning purposes to Victoria and her husband, plaintiff Thomas Fitch. ...

In re Estate of Henry

... Accordingly, the estate petitioned the court to allow the estate to execute estate planning documents for Henry which, it contended, were consistent with his known wishes and which would be "free from the taint of the undue influence and fraud which was assembled upon the ...

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Harvey Estate Planning Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John Joseph O'donnell

Scott David Dillner

John David Dillner

Timothy Charles Lapp

John Dillner

Angelo J. Vitiritti

Angelo Vitiritti

Keoini Haynes Wells

Michael Anthony Buck

Edward J. Burt

TIPS

LEGAL TERMS

REAL ESTATE AGENT

CHARITABLE TRUST

RULE AGAINST PERPETUITIES

PETITION

MARITAL LIFE ESTATE TRUST

INTER VIVOS TRUST

SPENDTHRIFT TRUST

IRREVOCABLE TRUST

PRETERMITTED HEIR

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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