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Abraham Michelson
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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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Kenneth M. Collinson

Real Estate, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing

FREE CONSULTATION

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225 E. First Street, Milan, IL 61264

Robert G Scott

Estate Planning, Wills & Probate, Real Estate, Trusts

Status: In Good Standing

FREE CONSULTATION

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225 E. First Street, Milan, IL 61264

Clarence A Darrow

Family Law, Real Estate, Wills & Probate, Trusts

Status: In Good Standing Licensed: 53 Years

CONTACT

1515 4th Ave, Rock Island, IL 61201

Daniel P. Ellard

Estate Planning, Tax, Trusts, Wills

Status: In Good Standing

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1630 5Th Avenue, Moline, IL 61265

Frank R. Edwards

Other, Commercial Real Estate, Trusts, Elder Law

Status: In Good Standing Licensed: 66 Years

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1000 36Th Ave, Moline, IL 61265

Jessica Ann Youngblood

Trusts, Estate, Business

Status: In Good Standing Licensed: 13 Years

CONTACT

2812 River Heights Rd, Rock Island, IL 61201

Keisha Nicole Douglas

Trusts, Employee Rights, Trade Associations

Status: In Good Standing Licensed: 8 Years

CONTACT

1515 5Th Avenue, Moline, IL 61265

Lincoln T. Scott

Real Estate, Contract, Trusts, Wills & Probate

Status: In Good Standing Licensed: 24 Years

CONTACT

225 1St St E, Milan, IL 61264

Marie R. Rolling - Tarbox

Business, Estate Planning, Trusts, Complex Litigation

Status: In Good Standing Licensed: 37 Years

CONTACT

3551 - 7Th St, Moline, IL 61265

Pete M. Wessels

Trusts, Estate Planning, Elder Law, Corporate

Status: In Good Standing Licensed: 48 Years

CONTACT

423 17Th St, Rock Island, IL 61201

800-923-0641

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LEGAL TERMS

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

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.

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.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

SAMPLE LEGAL CASES

In re Estate of Feinberg

... 534, 891 NE2d 549. In reaching this conclusion, the appellate court relied on decisions of this court dating back as far as 1898 and, as noted, on the Restatement (Third) of Trusts. ISSUE PRESENTED. ... Applicability of Restatement (Third) of Trusts. ...

In re Estate of Feinberg

... 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 the Trusts of Max ...

Laubner v. JP Morgan Chase Bank, NA

... 747 Justice COOK delivered the opinion of the court: On October 31, 2007, plaintiffs Patricia A. Laubner and Pamela A. Larson filed an amended petition to remove codefendant Deborah B. Alley as trustee and to modify the distributions being made from the trusts. ...

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Orion Trusts Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Kenneth M. Collinson

Robert G Scott

Clarence A Darrow

Daniel P. Ellard

Frank R. Edwards

Jessica Ann Youngblood

Keisha Nicole Douglas

Lincoln T. Scott

Marie R. Rolling - Tarbox

Pete M. Wessels

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LEGAL TERMS

LIFE BENEFICIARY

OFFICER

BYPASS TRUST

FUNDING A TRUST

SPECIFIC BEQUEST

ENDOWMENT INSURANCE

INTESTATE

QDOT TRUST

PROBATE COURT

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

Laubner v. JP Morgan Chase Bank, NA

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