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Abraham Michelson
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The Michelson Law Office
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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Bruce K. Roberts

Wills & Probate, Trusts, Estate Planning, Estate

Status: In Good Standing

CONTACT

1620 Colonial Parkway, Inverness, IL 60067

Andrew Mcdonald Johnstone

Trusts, Securities, Antitrust, Products Liability

Status: In Good Standing Licensed: 26 Years

CONTACT

3333 Beverly Road, Hoffman Estates, IL 60179

Andrew Johnstone

Trusts, Securities, Antitrust, Products Liability

Status: In Good Standing Licensed: 26 Years

CONTACT

3333 Beverly Road, Hoffman Estates, IL 60179

Timothy John Klein

Federal Appellate Practice, Trusts, Corporate, Contract

Status: In Good Standing Licensed: 43 Years

CONTACT

290 Springfield Dr, Bloomingdale, IL 60108

Robert John Ross

Commercial Real Estate, Trusts, Estate, Business & Trade

Status: In Good Standing

CONTACT

1622 W Colonial Parkway, Palatine, IL 60067

Saul S Ramirez

Trusts, Estate, Criminal, Wrongful Death

Status: In Good Standing Licensed: 28 Years

CONTACT

28 North Grove Avenue, Elgin, IL 60120

Karl H. Magnus

Residential Real Estate, Wills & Probate, Trusts, Consumer Bankruptcy

Status: In Good Standing Licensed: 26 Years

FREE CONSULTATION

CONTACT

3030 Salt Creek Ln., Arlington Heights, IL 60005

Craig Charles Westfall

Real Estate, Trusts, Elder Law, Personal Injury

Status: In Good Standing Licensed: 49 Years

CONTACT

1793 Bloomingdale Road, Glendale Heights, IL 60139

Eva B. Combs

Commercial Real Estate, Wills & Probate, Trusts, Corporate

Status: In Good Standing Licensed: 41 Years

CONTACT

3860 Bernay Ln, Hoffman Estates, IL 60192

Dennis Roger Torii

Trusts, Child Custody, Criminal, Collection

Status: In Good Standing Licensed: 53 Years

CONTACT

Medinah, IL 60157

800-923-0641

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LEGAL TERMS

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

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.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

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

KINDRED

Under some state's probate codes, all relatives of a deceased person.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

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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Streamwood Trusts Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Bruce K. Roberts

Andrew Mcdonald Johnstone

Andrew Johnstone

Timothy John Klein

Robert John Ross

Saul S Ramirez

Karl H. Magnus

Craig Charles Westfall

Eva B. Combs

Dennis Roger Torii

TIPS

LEGAL TERMS

ABSTRACT OF TRUST

GRANT DEED

DEATH TAXES

EXEMPTION TRUST

INVENTORY

SPECIAL ADMINISTRATOR

KINDRED

SELF-PROVING WILL

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

Laubner v. JP Morgan Chase Bank, NA

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