Hillside Estate Planning Lawyer, Illinois

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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
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Includes: Gift Taxation

Vincent C. Machroli

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Divorce & Family Law, Paternity, Estate Planning, Bankruptcy, Criminal

OVER 30 YEARS OF EXPERIENCE IN FAMILY LAW, ESTATE PLANNING, REAL ESTATE, AND BANKRUPTCY LAW At the Law Office of Vincent C. Machroli, P.C., we are ... (more)

FREE CONSULTATION

CONTACT

708-449-7404

4415 Harrison St, Hillside, IL 60162

Rebecca Chamberlin Little

Business Organization, Corporate Tax, Gift Taxation, Excise Taxes

Status: In Good Standing

CONTACT

1110 Jorie Blvd., #210, Oak Brook, IL 60523

Matthew J Ryan

Bankruptcy, Criminal, Estate Planning, Family Law

Status: In Good Standing

FREE CONSULTATION

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3101 N Rose Street, Franklin Park, IL 60131

Marc Howard Weinstein

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

Status: In Good Standing Licensed: 51 Years

CONTACT

4415 W Harrison St, Hillside, IL 60162

Marc Weinstein

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

Status: In Good Standing Licensed: 51 Years

CONTACT

4415 W Harrison St, Hillside, IL 60162

Darwin Fitzgerald Brown

Estate Planning, Transactions

Status: In Good Standing Licensed: 32 Years

CONTACT

4606 N Jackson Blvd, Hillside, IL 60162

Suzanne Dvorak Kelliher

Estate Planning, Workers' Compensation, Transactions, Personal Injury

Status: In Good Standing Licensed: 28 Years

CONTACT

4 Westbrook Corp Ctr, Westchester, IL 60154

Joseph Carlo Calcagno

General Practice

Status: In Good Standing Licensed: 27 Years

CONTACT

15W045 E Harrison St, Elmhurst, IL 60126

Joseph Calcagno

Workers' Compensation, Personal Injury, Estate Planning, Commercial Real Estate

Status: In Good Standing Licensed: 27 Years

CONTACT

15W045 E Harrison St, Elmhurst, IL 60126

Scott T. Ferrill

General Practice

Status: In Good Standing

CONTACT

4100 Madison Street, Hillside, IL 60162

800-923-0641

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LEGAL TERMS

NET ESTATE

The value of all property owned at death less liabilities or debts.

TITLE COMPANY

A company that issues title insurance.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

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.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

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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Hillside Estate Planning Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Vincent C. Machroli

Rebecca Chamberlin Little

Matthew J Ryan

Marc Howard Weinstein

Marc Weinstein

Darwin Fitzgerald Brown

Suzanne Dvorak Kelliher

Joseph Carlo Calcagno

Joseph Calcagno

Scott T. Ferrill

TIPS

LEGAL TERMS

NET ESTATE

TITLE COMPANY

INHERITANCE TAXES

PROBATE COURT

PER CAPITA

RULE AGAINST PERPETUITIES

ABATEMENT

SWEARING MATCH

ADMINISTRATION (OF AN ESTATE)

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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