Stone Park Estate Planning Lawyer, Illinois, page 2

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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: Gift Taxation

Gregory Catrambone

Wills & Probate, Estate Planning, Transactions, Business & Trade

Status: In Good Standing Licensed: 45 Years

CONTACT

10555 W Cermak Rd, Westchester, IL 60154

Michael Richard Esposito

International Tax, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 52 Years

CONTACT

834 Forest Ave, River Forest, IL 60305

Michael Esposito

International Tax, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 52 Years

CONTACT

834 Forest Ave, River Forest, IL 60305

William H. Pokorny

Tax, Estate Planning, Business Organization, Banking & Finance

Status: In Good Standing Licensed: 52 Years

CONTACT

1000 Jorie Blvd, Hinsdale, IL 60523

Lance Doyl Taylor

Real Estate, Lawsuit & Dispute, Estate Planning, Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

1010 Lake St, Oak Park, IL 60301

Lance Taylor

Real Estate, Wills & Probate, Estate Planning, Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

1010 Lake St, Oak Park, IL 60301

Tracy Aller

Landlord-Tenant, Estate Planning, Divorce, Civil Rights

Status: In Good Standing Licensed: 31 Years

CONTACT

348 Lathrop Avenue, River Forest, IL 60305

Tracy D. Aller

Landlord-Tenant, Estate Planning, Divorce, Civil Rights

Status: In Good Standing Licensed: 31 Years

CONTACT

348 Lathrop Avenue, River Forest, IL 60305

Daniel D'attomo

International Tax, Estate Planning, Estate, Employment

Status: In Good Standing Licensed: 37 Years

CONTACT

10560 West Cermak Road, Westchester, IL 60154

Jigar K. Patel

Bankruptcy, Personal Injury, Estate Planning, Litigation

Status: In Good Standing

CONTACT

10560 W. Cermak Rd., Westchester, IL 60154

800-923-0641

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LEGAL TERMS

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

TESTAMENTARY TRUST

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

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

CREDIT SHELTER TRUST

See AB trust.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

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

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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Stone Park Estate Planning Lawyer, Illinois, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Gregory Catrambone

Michael Richard Esposito

Michael Esposito

William H. Pokorny

Lance Doyl Taylor

Lance Taylor

Tracy Aller

Tracy D. Aller

Daniel D'attomo

Jigar K. Patel

TIPS

LEGAL TERMS

ADMINISTRATRIX

CHARITABLE TRUST

TESTAMENTARY TRUST

FINAL BENEFICIARY

CREDIT SHELTER TRUST

IRREVOCABLE TRUST

INTESTATE SUCCESSION

EXECUTOR

TRUST DEED

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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