Elmwood Park 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
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.
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Includes: Gift Taxation

Vincent C. Machroli

✓ VERIFIED

Divorce & Family Law, Paternity, Estate Planning, Bankruptcy, Criminal

OVER 30 YEARS OF EXPERIENCE IN FAMILY LAW, ESTATE PLANNING, REAL ESTATE, AND BANKRUPTCY LAW At the Law Office of Vincent C. Machroli, P.C., we are ... (more)

FREE CONSULTATION

CONTACT

708-449-7404

4415 Harrison St, Hillside, IL 60162

Matthew J Ryan

Bankruptcy, Criminal, Estate Planning, Family Law

Status: In Good Standing

FREE CONSULTATION

CONTACT

3101 N Rose Street, Franklin Park, IL 60131

Zygmunt Konrad Sokolnicki

Estate Planning, Estate, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 30 Years

CONTACT

2511 N. 74th Av., Elmwood Park, IL 60707

Zygmunt Sokolnicki

Estate Planning, Estate, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 30 Years

CONTACT

2511 N. 74th Av., Elmwood Park, IL 60707

Amro Shamaileh

Civil Rights, Estate Planning, Business, Immigration

Status: In Good Standing Licensed: 12 Years

CONTACT

2040 N Harlem Ave, Elmwood Park, IL 60707

Marjorie Ann Manchen

Municipal, Estate Planning, Family Law, Business

Status: In Good Standing Licensed: 32 Years

CONTACT

34 W Conti Pkwy, Elmwood Park, IL 60707

Marjorie Manchen

Municipal, Estate Planning, Family Law, Business

Status: In Good Standing Licensed: 33 Years

CONTACT

34 W Conti Pkwy, Elmwood Park, IL 60707

Peter Nicholas Silvestri

Real Estate, Estate Planning, Environmental Law, Business

Status: In Good Standing Licensed: 42 Years

CONTACT

7715 W Armitage Ave, Elmwood Park, IL 60707

Peter Silvestri

Real Estate, Estate Planning, Environmental Law, Business

Status: In Good Standing Licensed: 42 Years

CONTACT

7715 W Armitage Ave, Elmwood Park, IL 60707

Anthony Ferdinand Spina

Litigation, Estate Planning, Corporate, Personal Injury

Status: In Good Standing

CONTACT

7610 W North Ave, Elmwood Park, IL 60707

800-923-0641

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LEGAL TERMS

CERTIFICATION OF TRUST

See abstract of trust.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

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.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

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.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

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.'

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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Elmwood Park Estate Planning Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Vincent C. Machroli

Matthew J Ryan

Zygmunt Konrad Sokolnicki

Zygmunt Sokolnicki

Amro Shamaileh

Marjorie Ann Manchen

Marjorie Manchen

Peter Nicholas Silvestri

Peter Silvestri

Anthony Ferdinand Spina

TIPS

LEGAL TERMS

CERTIFICATION OF TRUST

ACCUMULATION TRUST

INTESTATE SUCCESSION

PUBLIC ADMINISTRATOR

TRUST DEED

REAL ESTATE AGENT

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

DISCHARGE (OF PROBATE ADMINISTRATOR)

INCOMPETENCE

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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