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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
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Louis H. Le Mieux

General Practice

Status: In Good Standing Licensed: 71 Years

CONTACT

La Grange, IL 60525

Nick Villa

Trusts, Estate Planning, Estate Administration, Commercial Real Estate

Status: In Good Standing

CONTACT

5115 S Sayre Ave, Bridgeview, IL 60638

Alyx Durachta

Trusts

Status: In Good Standing

CONTACT

1023 W 55Th St, La Grange, IL 60525

Jeanne J. Prendergast

Wills, Residential Real Estate, Trusts, Estate Planning, DUI-DWI

Status: In Good Standing Licensed: 23 Years

CONTACT

7936 W. 87th Street, Justice, IL 60458

Lesa Moskowitz

Estate, Real Estate, Trusts

Status: In Good Standing Licensed: 18 Years

CONTACT

1220 Birks Court, La Grange, IL 60525

Lisa Carmella Perna

General Practice

Status: In Good Standing Licensed: 14 Years

CONTACT

3416 South Harlem Ave, Riverside, IL 60546

John E. Cooper

State and Local, Elder Law, Trusts, Business

Status: In Good Standing Licensed: 64 Years

CONTACT

5320 Woodland, Western Springs, IL 60558

Frank Morgan Gasior

Trusts

Status: In Good Standing Licensed: 37 Years

CONTACT

60 N Frontage Rd, Willowbrook, IL 60527

Frank Gasior

Trusts

Status: In Good Standing Licensed: 37 Years

CONTACT

60 N Frontage Rd, Willowbrook, IL 60527

James Carl Zitzer

Real Estate, Trusts, Wills & Probate

Status: In Good Standing Licensed: 47 Years

CONTACT

6236 W Cermak Rd, Berwyn, IL 60402

800-923-0641

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LEGAL TERMS

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.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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.

MARITAL LIFE ESTATE TRUST

See AB trust.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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.'

KINDRED

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

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.

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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Summit Argo Trusts Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Louis H. Le Mieux

Nick Villa

Alyx Durachta

Jeanne J. Prendergast

Lesa Moskowitz

Lisa Carmella Perna

John E. Cooper

Frank Morgan Gasior

Frank Gasior

James Carl Zitzer

TIPS

LEGAL TERMS

EXECUTOR

ABATEMENT

GRANTOR RETAINED INCOME TRUST

PERSONAL PROPERTY

MARITAL LIFE ESTATE TRUST

FAILURE OF ISSUE

BEQUEATH

KINDRED

BANKRUPTCY ESTATE

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

Laubner v. JP Morgan Chase Bank, NA

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