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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
  Our legal team can advise you on your options for negotiating a solution.
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Includes: Gift Taxation

Kathleen O. Scallan

Estate Planning, Criminal

Status: In Good Standing Licensed: 40 Years

CONTACT

Wonder Lake, IL 60097

Helen R. Shields

General Practice

Status: In Good Standing Licensed: 45 Years

CONTACT

5414 Hill Road, Richmond, IL 60071

Helen Shields

General Practice

Status: In Good Standing Licensed: 45 Years

CONTACT

5414 Hill Road, Richmond, IL 60071

Matthew Thomas Malinowski

Estate Planning, Civil Rights, Transactions, Business

Status: In Good Standing Licensed: 23 Years

CONTACT

5414 Hill Rd, Richmond, IL 60071

Matthew Thomas Malinowski

Estate Planning, Civil Rights, Transactions, Business

Status: In Good Standing Licensed: 23 Years

CONTACT

5414 Hill Rd, Richmond, IL 60071

Matthew Malinowski

Estate Planning, Civil Rights, Transactions, Business

Status: In Good Standing Licensed: 23 Years

CONTACT

5414 Hill Rd, Richmond, IL 60071

William Mcintee

Traffic, Estate Planning, Transactions, Criminal

Status: In Good Standing Licensed: 22 Years

CONTACT

10015 Golf Ave, Richmond, IL 60071

Richard Robert Rodriguez

Municipal, Estate Planning, Criminal, Civil Rights

Status: In Good Standing Licensed: 27 Years

CONTACT

5404 W Elm St, Crystal Lake, IL 60050

Harry Semrow

International Tax, DUI-DWI, Traffic, Estate Planning

Status: In Good Standing Licensed: 44 Years

CONTACT

Mchenry, IL 60051

Robert Gerhard Rosenberg

Estate Planning

Status: In Good Standing Licensed: 16 Years

CONTACT

2805 Aloha Court, Mchenry, IL 60050

800-923-0641

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LEGAL TERMS

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

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

PUBLISHED WORK

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public o... (more...)

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public on an unrestricted basis. It is thus possible to display a work, or distribute it with restrictions on disclosure of its contents, without actually 'publishing' it. Both published and unpublished works are entitled to copyright protection, but some of the rules differ.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

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.

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.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

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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Ringwood Estate Planning Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Kathleen O. Scallan

Helen R. Shields

Helen Shields

Matthew Thomas Malinowski

Matthew Thomas Malinowski

Matthew Malinowski

William Mcintee

Richard Robert Rodriguez

Harry Semrow

Robert Gerhard Rosenberg

TIPS

LEGAL TERMS

SUCCESSION

PERSONAL PROPERTY

LAPSE

SPECIAL ADMINISTRATOR

PUBLISHED WORK

TRUST MERGER

WILL

ENDOWMENT INSURANCE

BEQUEATH

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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