Wood Dale Estate Planning Lawyer, Illinois, page 2

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Abraham Michelson
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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
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Includes: Gift Taxation

David Schlueter

Estate Planning, Estate, Transactions, Personal Injury

Status: In Good Standing Licensed: 44 Years

CONTACT

401 W Irving Park Rd, Itasca, IL 60143

Lee Garr

Divorce & Family Law, Estate Planning, Transactions, Corporate

Status: In Good Standing Licensed: 54 Years

CONTACT

50 Turner Avenue, Elk Grove Village, IL 60007

Michael Foltz

Other, Trusts, Estate Planning

Status: In Good Standing Licensed: 43 Years

CONTACT

500 Park Blvd, Itasca, IL 60143

Armond Alfred Dinverno

Estate Planning

Status: In Good Standing Licensed: 43 Years

CONTACT

500 Park Boulevard, Itasca, IL 60143

Armond Dinverno

Estate Planning

Status: In Good Standing Licensed: 43 Years

CONTACT

500 Park Boulevard, Itasca, IL 60143

John Caluwaert

Estate Planning, Transactions, Business & Trade, Business

Status: In Good Standing Licensed: 54 Years

CONTACT

579 West North Avenue, Elmhurst, IL 60126

John Maurice Caluwaert

Commercial Real Estate, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 54 Years

CONTACT

579 West North Avenue, Elmhurst, IL 60126

George Burton Knickerbocker

Municipal, Estate Planning

Status: In Good Standing Licensed: 53 Years

CONTACT

901 Wellington Ave, Elk Grove Village, IL 60007

George Knickerbocker

Municipal, Estate Planning

Status: In Good Standing Licensed: 53 Years

CONTACT

901 Wellington Ave, Elk Grove Village, IL 60007

Maria Motev

Landlord-Tenant, Litigation, Estate Planning, Personal Injury

Status: In Good Standing Licensed: 21 Years

CONTACT

1750 South Wolf Rd, Des Plaines, IL 60018

800-923-0641

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LEGAL TERMS

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

INTER VIVOS TRUST

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

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.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

TITLE COMPANY

A company that issues title insurance.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

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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Wood Dale Estate Planning Lawyer, Illinois, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David Schlueter

Lee Garr

Michael Foltz

Armond Alfred Dinverno

Armond Dinverno

John Caluwaert

John Maurice Caluwaert

George Burton Knickerbocker

George Knickerbocker

Maria Motev

TIPS

LEGAL TERMS

ADMINISTRATRIX

SURVIVING SPOUSE'S TRUST

INTER VIVOS TRUST

EXECUTOR

DOWER AND CURTESY

REAL ESTATE AGENT

TITLE COMPANY

GENERATION-SKIPPING TRUST

ENDOWMENT INSURANCE

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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