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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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Includes: Estate Administration, Living Wills, Wills

Jason A. Doran

Corporate, Business Organization, Estate Administration, Estate Planning

Status: In Good Standing

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2500 South Highland Avenue, Lombard, IL 60148

Alex Ranjha

Residential Real Estate, Wills, Estate Planning

Status: In Good Standing

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903 Commerce Dr, Hinsdale, IL 60523

Allyson Russo

Estate Planning, Tax, Wills & Probate

Status: In Good Standing

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4479 Central Avenue, Western Springs, IL 60558

Andrew Murphy

Whistleblower, Wills & Probate, Trademark, Class Action

Status: In Good Standing

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17W220 W 22Nd St, Villa Park, IL 60181

Ben Neiburger

Estate, Elder Law, Wills & Probate, Contract

Status: In Good Standing Licensed: 30 Years

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747 N Church Rd, Elmhurst, IL 60126

Bryan R. Bagdady

Business, Wills & Probate, Bankruptcy & Debt, Contract, Collection

Status: In Good Standing Licensed: 42 Years

FREE CONSULTATION

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17w220 22nd Street, Oakbrook Terrace, IL 60181

Christine A Boyle

Estate Planning, Wills & Probate, Lawsuit & Dispute

Status: In Good Standing Licensed: 30 Years

CONTACT

15 Salt Creek Ln, Hinsdale, IL 60521

Daniel Owen Hands

Trusts, Estate Administration, Wills

Status: In Good Standing Licensed: 49 Years

CONTACT

2021 Midwest Road, Oak Brook, IL 60523

Daniel Hands

Wills & Probate, Estate, Trusts

Status: In Good Standing Licensed: 50 Years

CONTACT

2021 Midwest Road, Oak Brook, IL 60523

Daniel G. Coman

International Tax, Wills & Probate, Business, Collection

Status: In Good Standing

CONTACT

650 Warrenville Road, Lisle, IL 60532

800-923-0641

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LEGAL TERMS

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.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

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.'

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.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

TESTAMENTARY TRUST

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

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.

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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Villa Park Wills & Probate Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jason A. Doran

Alex Ranjha

Allyson Russo

Andrew Murphy

Ben Neiburger

Bryan R. Bagdady

Christine A Boyle

Daniel Owen Hands

Daniel Hands

Daniel G. Coman

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LEGAL TERMS

TRUST DEED

INTESTATE

POWER OF APPOINTMENT

ABSTRACT OF TRUST

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

TRUSTEE POWERS

TESTAMENTARY TRUST

HOLOGRAPHIC WILL

INTESTATE SUCCESSION

SAMPLE LEGAL CASES

In re Estate of Ellis

Wackrow v. Niemi

In re Estate of Feinberg

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