Mchenry County, IL Estate Lawyers, page 3

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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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Scott A. Nolan

Landlord-Tenant, Estate Planning, Transactions, Collection

Status: In Good Standing Licensed: 44 Years

CONTACT

2300 Eisenhower Blvd, Mchenry, IL 60051

Heather Bonita Kroencke

Commercial Real Estate, Real Estate, Estate Planning, Corporate

Status: In Good Standing

CONTACT

40 Brink St, Crystal Lake, IL 60014

James Guisty Militello

Commercial Real Estate, Estate Planning, Transactions, Business

Status: In Good Standing

CONTACT

24 Grant St, Crystal Lake, IL 60014

Peter F. Carroll

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

Status: In Good Standing

CONTACT

114 S. Jefferson Street, Woodstock, IL 60098

Thomas Chester Zanck

Real Estate, Lawsuit & Dispute, Estate, Accident & Injury

Status: In Good Standing Licensed: 56 Years

CONTACT

40 Brink Street, Crystal Lake, IL 60014

Richard Robert Rodriguez

Municipal, Estate Planning, Criminal, Civil Rights

Status: In Good Standing Licensed: 27 Years

CONTACT

5404 W Elm St, Crystal Lake, IL 60050

Michael Coppedge

Business & Trade, Civil Rights, Estate Planning, Federal Appellate Practice

Status: In Good Standing Licensed: 38 Years

CONTACT

20 Grant Street, Crystal Lake, IL 60014

Andrew William Holstine

International, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 24 Years

CONTACT

50 Virginia Street, Crystal Lake, IL 60014

Angela Clare Thuma

Traffic, Estate, Adoption, Divorce & Family Law

Status: In Good Standing Licensed: 29 Years

CONTACT

101 N Throop St, Woodstock, IL 60098

Andrew Holstine

Wills & Probate, Estate Planning, Business & Trade, Business

Status: In Good Standing Licensed: 24 Years

CONTACT

50 Virginia Street, Crystal Lake, IL 60014

800-923-0641

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LEGAL TERMS

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

NET ESTATE

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

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

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.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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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Mchenry County, IL Estate Lawyers, page 3

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Scott A. Nolan

Heather Bonita Kroencke

James Guisty Militello

Peter F. Carroll

Thomas Chester Zanck

Richard Robert Rodriguez

Michael Coppedge

Andrew William Holstine

Angela Clare Thuma

Andrew Holstine

TIPS

LEGAL TERMS

ANCILLARY PROBATE

HEIR AT LAW

FINAL BENEFICIARY

NET ESTATE

INTESTATE SUCCESSION

EXECUTOR

SPENDTHRIFT TRUST

INHERIT

OFFICER

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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