Hinsdale 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
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Includes: Gift Taxation

Robert Schaller

✓ VERIFIED

Estate, Wills & Probate, Trusts, Estate Planning, Tax

WILLS, TRUSTS, PROBATE & TAX ATTORNEY & REGISTERED CPA | EXPECT THE BEST | 37+ YEARS OF EXPERIENCE

Attorney Robert Schaller treats every client like family, giving them the time and personal attention they deserve. The law firm offers both in-office... (more)

FREE CONSULTATION

CONTACT

630-655-1233

700 Commerce Drive, Oak Brook, IL 60523

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

Rebecca Chamberlin Little

Business Organization, Corporate Tax, Gift Taxation, Excise Taxes

Status: In Good Standing

CONTACT

1110 Jorie Blvd., #210, Oak Brook, IL 60523

Marc Gugliuzza

Power of Attorney, Residential Real Estate, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing Licensed: 18 Years

CONTACT

1550 Spring Road, Oak Brook, IL 60523

Michael V. LoCicero

Estate Planning, Family Law, Divorce, Elder Law

FREE CONSULTATION

CONTACT

1200 Harger Road, Oak Brook, IL 60523

Leonard Samuel Defranco

Real Estate, International Tax, Estate Planning, Corporate

Status: In Good Standing Licensed: 45 Years

CONTACT

Hinsdale, IL 60522

Lynn Macas Graham

Real Estate, Estate Planning, Estate, Transactions

Status: In Good Standing Licensed: 14 Years

CONTACT

26 Blaine St, Hinsdale, IL 60521

Kimberly S. Coogan

Estate Planning, Elder Law, Business Successions, Business Organization

Status: In Good Standing Licensed: 30 Years

CONTACT

915 Harger Rd, Oak Brook, IL 60523

Allan C. Alongi

Municipal, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 38 Years

CONTACT

3 Golf Ave, Clarendon Hills, IL 60514

Laura Sluis

Estate Planning, Estate, Elder Law

Status: In Good Standing

CONTACT

1023 W 55Th Street, La Grange, IL 60525

800-923-0641

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LEGAL TERMS

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

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.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

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.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

KINDRED

Under some state's probate codes, all relatives of a deceased 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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Hinsdale Estate Planning Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Robert Schaller

Vincent C. Machroli

Rebecca Chamberlin Little

Marc Gugliuzza

Michael V. LoCicero

Leonard Samuel Defranco

Lynn Macas Graham

Kimberly S. Coogan

Allan C. Alongi

Laura Sluis

TIPS

LEGAL TERMS

BYPASS TRUST

WILL

EXEMPTION TRUST

DISINHERIT

INTESTATE

FINAL BENEFICIARY

PETITION

BANKRUPTCY ESTATE

KINDRED

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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