Woodridge Estate Planning Lawyer, Illinois

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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
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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.
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Includes: Gift Taxation

Michael L. Overmann

Estate Administration, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 29 Years

CONTACT

7702 S Cass Ave, Darien, IL 60561

Robert Borla

Federal Appellate Practice, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 58 Years

CONTACT

6912 Main St, Downers Grove, IL 60516

Robert Victor Borla

Federal Appellate Practice, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 58 Years

CONTACT

6912 Main St, Downers Grove, IL 60516

Alonzo Houff Zahour

Federal Appellate Practice, Estate Planning, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 50 Years

CONTACT

235 Remington Blvd, Bolingbrook, IL 60440

Rex Craig Denkmann

Litigation, Estate Planning, Civil Rights, Business

Status: In Good Standing Licensed: 54 Years

CONTACT

682 W Boughton Rd, Bolingbrook, IL 60440

James Edward Hundman

Tax, Trusts, Gift Taxation, Estate Planning

Status: In Good Standing Licensed: 36 Years

CONTACT

1440 Maple Ave, Lisle, IL 60532

James Hundman

Corporate Tax, Wills & Probate, Estate Planning, Estate

Status: In Good Standing Licensed: 36 Years

CONTACT

1440 Maple Ave, Lisle, IL 60532

James Edward Hundman

International Tax, Estate Planning, Estate

Status: In Good Standing Licensed: 36 Years

CONTACT

1440 Maple Ave, Lisle, IL 60532

Charles Argianas

Government, Estate Planning, Estate

Status: In Good Standing Licensed: 39 Years

CONTACT

5509 Belmont Road, Downers Grove, IL 60515

Charles George Argianas

Government, Estate Planning, Estate

Status: In Good Standing Licensed: 39 Years

CONTACT

5509 Belmont Road, Downers Grove, IL 60515

800-923-0641

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LEGAL TERMS

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

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.

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.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

LIFE BENEFICIARY

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

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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Woodridge Estate Planning Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Michael L. Overmann

Robert Borla

Robert Victor Borla

Alonzo Houff Zahour

Rex Craig Denkmann

James Edward Hundman

James Hundman

James Edward Hundman

Charles Argianas

Charles George Argianas

TIPS

LEGAL TERMS

MINERAL RIGHTS

RULE AGAINST PERPETUITIES

PROBATE

ABSTRACT OF TRUST

CONSERVATOR

INVENTORY

TRUST MERGER

PERSONAL PROPERTY

LIFE BENEFICIARY

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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