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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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Andrew M. Larson

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Criminal, Real Estate, Estate

A Quad City native, Andrew takes pride in helping common people with their legal concerns. We are not a big, stuffy law firm looking to retire on a cl... (more)

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CONTACT

309-757-7500

3610 25th Street, Moline, IL 61265

Lincoln T. Scott

Wills & Probate, Estate Planning, Family Law, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

3610 25Th Street, Moline, IL 61265

Pamela M. Anderson

Business Organization, Estate Planning, Wills & Probate, Real Estate

Status: In Good Standing

CONTACT

1600 Fourth Avenue, Rock Island, IL 61201

Cristy Tackett-Hunt

Corporate, Business Organization, Corporate Tax, Estate Administration

Status: In Good Standing

CONTACT

1600 Fourth Avenue, Rock Island, IL 61201

Lincoln T. Scott

Real Estate, Contract, Trusts, Wills & Probate

Status: In Good Standing Licensed: 24 Years

CONTACT

225 1St St E, Milan, IL 61264

Tracy Lynn Brashears

Estate Planning, Banking & Finance

Status: In Good Standing Licensed: 17 Years

CONTACT

3551 7Th Street, Moline, IL 61265

Thomas O. Moens

Mediation, Entertainment, Trusts, Credit & Debt

Status: In Good Standing Licensed: 32 Years

CONTACT

1523 52Nd Avenue, Moline, IL 61265

Tyler James Courtney

Military, State Government, Trusts, Administrative Law

Status: In Good Standing

CONTACT

3119 4Th St, Moline, IL 61265

Tracy Lynn Brashears

Estate Planning, Banking & Finance

Status: In Good Standing Licensed: 17 Years

CONTACT

3551 7Th Street, Moline, IL 61265

James Joseph Coryn

Commercial Real Estate, Estate Planning, Personal Injury

Status: In Good Standing Licensed: 68 Years

CONTACT

3551 7Th St, Moline, IL 61265

800-923-0641

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LEGAL TERMS

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

SURROGATE COURT

See probate court.

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.

NET ESTATE

The value of all property owned at death less liabilities or debts.

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.'

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

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.

SAMPLE LEGAL CASES

In re Estate of Feinberg

This case involves a dispute among the surviving children and grandchildren of Max and Erla Feinberg regarding the validity of a trust provision. The circuit court of Cook County found the trust provision unenforceable on the basis that it is contrary to the public policy of the state ...

In re Estate of Feinberg

In re ESTATE OF Max FEINBERG, Deceased (Leila R. Taylor, as Independent Coexecutor of the Will of Max Feinberg, Deceased, Plaintiff-Appellant, v. Michael B. Feinberg, Individually and as Coexecutor of the Will of Max Feinberg, Deceased; Fifth Third Bank, as Trustee under ...

In re Estate of Ellis

Grace Ellis executed a will in 1964 naming Shriners Hospitals for Children (Shriners) as beneficiary of her estate if she died without direct descendants. In 1999, she executed a new will naming James G. Bauman as sole beneficiary. Bauman was the pastor of the church of which ...

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Orion Estate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Andrew M. Larson

Lincoln T. Scott

Pamela M. Anderson

Cristy Tackett-Hunt

Lincoln T. Scott

Tracy Lynn Brashears

Thomas O. Moens

Tyler James Courtney

Tracy Lynn Brashears

James Joseph Coryn

TIPS

LEGAL TERMS

SPECIAL ADMINISTRATOR

QDOT TRUST

SURROGATE COURT

REAL ESTATE AGENT

NET ESTATE

INCOMPETENCE

TRUST CORPUS

DEATH TAXES

TRUST DEED

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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