Lake County, IL Trusts Lawyers

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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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Michael A. Goldberg

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Estate, Estate Planning, Trusts, Wills & Probate, Estate Administration

I am a lifelong Chicagoland resident with a passion for helping families plan their estates so their loved ones are cared for upon their passing. I ut... (more)

FREE CONSULTATION

CONTACT

847-549-0600

350 N. Milwaukee Avenue, Libertyville, IL 60048

Brian Stewart Grach

Municipal, Wills, Trusts, Business

Status: In Good Standing

CONTACT

140 South Milwaukee Ave, Libertyville, IL 60048

Edward Kenneth Suskin

Real Estate, Wills & Probate, Trusts, Transactions

Status: In Good Standing Licensed: 55 Years

CONTACT

1580 South Milwaukee Avenue, Libertyville, IL 60048

Howard M Lang

Trusts, Gift Taxation, Estate Planning, Business, Insurance

Status: In Good Standing Licensed: 51 Years

CONTACT

700 Florsheim Dr, Libertyville, IL 60048

James Bernard Sloan

Trusts, Antitrust

Status: In Good Standing Licensed: 62 Years

CONTACT

One Westminster Place, Lake Forest, IL 60045

John Leo Quinn

Real Estate, Wills & Probate, Trusts, Licensing, Civil Rights

Status: In Good Standing Licensed: 47 Years

CONTACT

2 S Whitney St, Grayslake, IL 60030

John Frederick Lemker

Industry Specialties, Health Care, Trusts, Products Liability

Status: In Good Standing Licensed: 53 Years

CONTACT

10 E Scranton Ave, Lake Bluff, IL 60044

John Lemker

Industry Specialties, Health Care, Trusts, Products Liability

Status: In Good Standing Licensed: 53 Years

CONTACT

10 E Scranton Ave, Lake Bluff, IL 60044

Melburn Edward Laundry

Estate, Trusts

Status: In Good Standing Licensed: 60 Years

CONTACT

1800 Nations Drive, Gurnee, IL 60031

Michael Eugene Moskovitz

Class Action, Trusts, Securities, Antitrust

Status: In Good Standing Licensed: 29 Years

CONTACT

2201 Waukegan Road, Deerfield, IL 60015

800-923-0641

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LEGAL TERMS

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

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.

CERTIFICATION OF TRUST

See abstract of trust.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

SAMPLE LEGAL CASES

In re Estate of Feinberg

... 534, 891 NE2d 549. In reaching this conclusion, the appellate court relied on decisions of this court dating back as far as 1898 and, as noted, on the Restatement (Third) of Trusts. ISSUE PRESENTED. ... Applicability of Restatement (Third) of Trusts. ...

In re Estate of Feinberg

... 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 the Trusts of Max ...

Laubner v. JP Morgan Chase Bank, NA

... 747 Justice COOK delivered the opinion of the court: On October 31, 2007, plaintiffs Patricia A. Laubner and Pamela A. Larson filed an amended petition to remove codefendant Deborah B. Alley as trustee and to modify the distributions being made from the trusts. ...

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Lake County, IL Trusts Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Michael A. Goldberg

Brian Stewart Grach

Edward Kenneth Suskin

Howard M Lang

James Bernard Sloan

John Leo Quinn

John Frederick Lemker

John Lemker

Melburn Edward Laundry

Michael Eugene Moskovitz

TIPS

LEGAL TERMS

PROVING A WILL

HEIR AT LAW

QDOT TRUST

INVENTORY

WILL

GROSS ESTATE

CERTIFICATION OF TRUST

ADEMPTION

CONSERVATOR

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

Laubner v. JP Morgan Chase Bank, NA

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