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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.
3. Practice AreasServices
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Includes: Gift Taxation

Linda Salfisberg

Estate Planning, Divorce, DUI-DWI, Civil Rights

Status: In Good Standing Licensed: 22 Years

CONTACT

100 W Main St, Plano, IL 60545

Linda Marie Salfisberg

Estate Planning, Divorce, DUI-DWI, Civil Rights

Status: In Good Standing Licensed: 22 Years

CONTACT

100 W Main St, Plano, IL 60545

Richard Claahsen

Real Estate, Wills & Probate, Estate Planning, Divorce

Status: In Good Standing Licensed: 29 Years

CONTACT

215 Hillcrest Avenue, Yorkville, IL 60560

James White

Foreclosure, Real Estate, Estate Planning, Estate

FREE CONSULTATION

CONTACT

263 Main Street, Sugar Grove, IL 60554

Dawn Weekly

Social Security, Estate Planning, Pension & Benefits, Elder Law

Status: In Good Standing Licensed: 21 Years

CONTACT

11 E Center St, Sandwich, IL 60548

Dallas Theadore Emmanual Bartz

International Tax, Estate Planning, Estate, Contract

Status: In Good Standing

CONTACT

2000 W Galena Blvd, Aurora, IL 60506

Frederick Dickson

Tax, International Tax, Estate Planning, Estate, Contract

Status: In Good Standing Licensed: 60 Years

CONTACT

2000 W Galena Blvd, Aurora, IL 60506

Frederick Homer Dickson

Tax, International Tax, Estate Planning, Contract

Status: In Good Standing Licensed: 60 Years

CONTACT

2000 W Galena Blvd, Aurora, IL 60506

Daniel Reed

Tax, International Tax, Estate Planning, Transactions

Status: In Good Standing Licensed: 41 Years

CONTACT

1961 W Downer Pl, Aurora, IL 60506

Ronald Milton Hem

Commercial Real Estate, Government, Estate Planning, Transactions

Status: In Good Standing Licensed: 50 Years

CONTACT

1961 W Downer Pl, Aurora, IL 60506

800-923-0641

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LEGAL TERMS

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.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

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.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

INTER VIVOS TRUST

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

NET ESTATE

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

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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Plano Estate Planning Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Linda Salfisberg

Linda Marie Salfisberg

Richard Claahsen

James White

Dawn Weekly

Dallas Theadore Emmanual Bartz

Frederick Dickson

Frederick Homer Dickson

Daniel Reed

Ronald Milton Hem

TIPS

LEGAL TERMS

PETITION

LIFE BENEFICIARY

FAILURE OF ISSUE

INCOMPETENCE

IN TERROREM

RESIDUARY ESTATE

CERTIFIED COPY

INTER VIVOS TRUST

NET ESTATE

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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