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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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Includes: Estate Administration, Living Wills, Wills

R. Gilman Johnson

Municipal, Wills & Probate, Estate Planning, Business Organization

Status: In Good Standing

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74 East Grand Avenue, Fox Lake, IL 60020

Hilary J. Negele

Real Estate, Wills, Bankruptcy

Status: In Good Standing

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444 N Cedar Lake Rd, Round Lake, IL 60073

John J. Murray

Wills & Probate, Insurance

Status: In Good Standing Licensed: 20 Years

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5414 Hill Road, Richmond, IL 60071

Robert Thomas Edens

Wills, Workers' Compensation, Civil & Human Rights, Medical Malpractice

Status: In Good Standing

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392 Lake St, Antioch, IL 60002

Robert Edens

Wills, Workers' Compensation, Civil & Human Rights, Medical Malpractice

Status: In Good Standing

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392 Lake St, Antioch, IL 60002

Robert Thomas Edens

Wills, Workers' Compensation, Civil & Human Rights, Medical Malpractice

Status: In Good Standing

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392 Lake St, Antioch, IL 60002

Christopher L. Cook

Accident & Injury, Real Estate, Wills & Probate, Trusts, Household Mold

Status: In Good Standing Licensed: 34 Years

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41040 North Il Route 83, Antioch, IL 60002

Adam Diamond

Federal Appellate Practice, Wills & Probate, Divorce, Criminal

Status: In Good Standing Licensed: 20 Years

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3431 W. Elm St, Crystal Lake, IL 60050

Scott William Brammer

Consumer Bankruptcy, Residential Real Estate, Wills, Bankruptcy

Status: In Good Standing Licensed: 33 Years

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5447 W. Bull Valley Road, Mchenry, IL 60050

Alex Mayfield

Transactions, Wills & Probate, Estate

Status: In Good Standing Licensed: 20 Years

CONTACT

25850 W Hwy 60, Grayslake, IL 60030

800-923-0641

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LEGAL TERMS

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.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

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.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

SAMPLE LEGAL CASES

In re Estate of Ellis

... Bauman was the pastor of the church of which Ellis was a member. When Ellis died in 2003, the 1999 will was admitted to probate. ... The circuit court of Cook County dismissed all counts as untimely pursuant to section 8-1 of the Probate Act of 1975 (755 ILCS 5/8-1 (West 2006)). ...

Wackrow v. Niemi

... James Woods died in August 2002. Letters of office were issued and Woods' will was admitted to probate on October 23, 2002. ... The estate did not deliver the property or the $300,000 to plaintiff. On October 24, 2003, the probate court denied plaintiff's claim against the estate. ...

In re Estate of Feinberg

... freedom. The Probate Act places only two limits on the ability of a testator to choose the objects of his bounty. ... desire. Under the Probate Act, Max and Erla had no obligation to make any provision at all for their grandchildren. ...

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Spring Grove Wills & Probate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

R. Gilman Johnson

Hilary J. Negele

John J. Murray

Robert Thomas Edens

Robert Edens

Robert Thomas Edens

Christopher L. Cook

Adam Diamond

Scott William Brammer

Alex Mayfield

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LEGAL TERMS

QDOT TRUST

IN TERROREM

LETTERS TESTAMENTARY

SPENDTHRIFT TRUST

HOLOGRAPHIC WILL

PRETERMITTED HEIR

BANKRUPTCY ESTATE

SURVIVING SPOUSE'S TRUST

INTESTATE SUCCESSION

SAMPLE LEGAL CASES

In re Estate of Ellis

Wackrow v. Niemi

In re Estate of Feinberg

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