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Abraham Michelson
About | Practice Areas
The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
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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
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Terrence J McKenna

Real Estate, Wills & Probate, Workers' Compensation, Personal Injury

Status: In Good Standing

FREE CONSULTATION

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19333 East Grant Highway, Marengo, IL 60152

Harvey A. Meyers

Business & Trade, Litigation, Estate Planning, Transactions

Status: In Good Standing Licensed: 59 Years

CONTACT

100 W Washington St, Marengo, IL 60152

Thomas Schmitt

Municipal, Estate Planning, Divorce, Transactions

Status: In Good Standing Licensed: 50 Years

CONTACT

760 Bauman St, Marengo, IL 60152

Thomas W. Schmitt

Municipal, Estate Planning, Divorce, Transactions

Status: In Good Standing Licensed: 50 Years

CONTACT

760 Bauman St, Marengo, IL 60152

Nelson s. Anthony

Trusts, Lawsuit, Employment Discrimination, Bad Faith Insurance

Status: In Good Standing Licensed: 46 Years

CONTACT

14274 Flagstaff Ct., Huntley, IL 60142

Peter F. Carroll

Divorce & Family Law, Criminal, Estate, Business, Traffic

Status: In Good Standing

CONTACT

114 S. Jefferson Street, Woodstock, IL 60098

Angela Clare Thuma

Traffic, Estate, Adoption, Divorce & Family Law

Status: In Good Standing Licensed: 29 Years

CONTACT

101 N Throop St, Woodstock, IL 60098

Angela Thuma

Wills & Probate, Estate, Adoption, Divorce & Family Law

Status: In Good Standing Licensed: 29 Years

CONTACT

101 N Throop St, Woodstock, IL 60098

Steven Jay Cuda

Estate Planning, Family Law, Divorce, Transactions

Status: In Good Standing Licensed: 46 Years

CONTACT

101 Van Buren St, Crystal Lake, IL 60098

Steven Cuda

Estate Planning, Family Law, Divorce, Transactions

Status: In Good Standing Licensed: 46 Years

CONTACT

101 Van Buren St, Crystal Lake, IL 60098

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LEGAL TERMS

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

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.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

SUCCESSOR TRUSTEE

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

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.

CURATOR

See conservator.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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 ...

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Marengo Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Terrence J McKenna

Harvey A. Meyers

Thomas Schmitt

Thomas W. Schmitt

Nelson s. Anthony

Peter F. Carroll

Angela Clare Thuma

Angela Thuma

Steven Jay Cuda

Steven Cuda

TIPS

LEGAL TERMS

TESTAMENTARY TRUST

NONPROBATE

SPENDTHRIFT TRUST

BEQUEATH

SUCCESSOR TRUSTEE

INHERITANCE TAXES

CURATOR

ACCUMULATION TRUST

IN TERROREM

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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