Mchenry County, IL Estate Planning Lawyers

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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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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Includes: Gift Taxation

Mathew Roy Patrick Perrone

Real Estate, Patent, Copyright, Estate Planning

Status: In Good Standing

FREE CONSULTATION

CONTACT

210 South Main Street, Algonquin, IL 60102

Joseph Gottemoller

Land Use & Zoning, Real Estate, Estate Planning, Family Law

Status: In Good Standing

CONTACT

1 North Virginia Street, Crystal Lake, IL 60014

Perry Callas

Wills & Probate, Estate Planning, Merger & Acquisition, Corporate

Status: In Good Standing

CONTACT

5412 Route 31, Crystal Lake, IL 60012

Karen Lavin

Estate Planning, Family Law, Divorce, Divorce & Family Law

Status: In Good Standing

FREE CONSULTATION

CONTACT

850 South McHenry Ave, Ste B, Crystal Lake, IL 60014

Troy Conway Owens

Intellectual Property, Estate Planning, Civil Rights, Business

Status: In Good Standing

CONTACT

9 Crystal Lake Road, Lake In The Hills, IL 60156

Timothy Clifton

Traffic, Estate Planning, Divorce, DUI-DWI

Status: In Good Standing

CONTACT

50 N Virginia St, Crystal Lake, IL 60014

Timothy J. Clifton

Traffic, Estate Planning, Divorce, DUI-DWI

Status: In Good Standing

CONTACT

50 N Virginia St, Crystal Lake, IL 60014

Scott A. Nolan

Landlord-Tenant, Estate Planning, Transactions, Collection

Status: In Good Standing Licensed: 44 Years

CONTACT

2300 Eisenhower Blvd, Mchenry, IL 60051

Sandra S. Kerrick

Litigation, Estate Planning, Transactions, Business & Trade

Status: In Good Standing Licensed: 50 Years

CONTACT

4 N Walkup Ave, Crystal Lake, IL 60014

Donna Sandacz

Mediation, International Tax, Estate Planning, Divorce & Family Law

Status: In Good Standing Licensed: 13 Years

CONTACT

11021 Woodstock St, Huntley, IL 60142

800-923-0641

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LEGAL TERMS

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.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

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.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

DEED OF TRUST

See trust deed.

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.

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.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

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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Mchenry County, IL Estate Planning Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Mathew Roy Patrick Perrone

Joseph Gottemoller

Perry Callas

Karen Lavin

Troy Conway Owens

Timothy Clifton

Timothy J. Clifton

Scott A. Nolan

Sandra S. Kerrick

Donna Sandacz

TIPS

LEGAL TERMS

REAL ESTATE AGENT

PREDECEASED SPOUSE

TRUST DEED

BENEFICIARY

DEED OF TRUST

PETITION

RULE AGAINST PERPETUITIES

AB TRUST

TESTAMENTARY TRUST

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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