Yorkville 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

Linda Salfisberg

Estate Planning, Divorce, DUI-DWI, Civil Rights

Status: In Good Standing Licensed: 22 Years

CONTACT

100 W Main St, Plano, IL 60545

Julie Haggard

Commercial Real Estate, Estate Planning, Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 16 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

Julie Swanson Haggard

Commercial Real Estate, Estate Planning, Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 16 Years

CONTACT

100 W Main St, Plano, IL 60545

Peter L. Krentz

Estate Planning, Family Law, Collection, Personal Injury

Status: In Good Standing Licensed: 69 Years

CONTACT

100 W Main St, Plano, IL 60545

Nora Gill Heffernan

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

100 W Main St, Plano, IL 60545

Walter Scott Wilkens

Litigation, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 29 Years

CONTACT

Oswego, IL 60543

Walter Scott Wilkens

Litigation, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 29 Years

CONTACT

Oswego, IL 60543

Reese Krajniak

Divorce & Family Law, Divorce, Family Law, Child Custody, Estate Planning

Status: In Good Standing

FREE CONSULTATION

CONTACT

123 W. Washington St., Suite 220, Oswego, IL 60543

Benjamin John Thomas

Mediation, Estate Planning, Family Law, Insurance

Status: In Good Standing Licensed: 29 Years

CONTACT

203 Redding Court, Oswego, IL 60543

800-923-0641

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LEGAL TERMS

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.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

MARITAL LIFE ESTATE TRUST

See AB trust.

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.'

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

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.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

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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Yorkville Estate Planning Lawyer, Illinois, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Linda Salfisberg

Julie Haggard

Linda Marie Salfisberg

Julie Swanson Haggard

Peter L. Krentz

Nora Gill Heffernan

Walter Scott Wilkens

Walter Scott Wilkens

Reese Krajniak

Benjamin John Thomas

TIPS

LEGAL TERMS

TRUST MERGER

INTESTATE

SPRINKLING TRUST

MARITAL LIFE ESTATE TRUST

ABSTRACT OF TRUST

PROPERTY CONTROL TRUST

PERSONAL PROPERTY

PROVING A WILL

HEIR APPARENT

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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