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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

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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.
3. Practice AreasServices
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William H. Pokorny

Tax, Estate Planning, Business Organization, Banking & Finance

Status: In Good Standing Licensed: 52 Years

CONTACT

1000 Jorie Blvd, Hinsdale, IL 60523

Lynn Graham

Commercial Real Estate, Estate Planning, Estate, Transactions

Status: In Good Standing Licensed: 15 Years

CONTACT

26 Blaine St, Hinsdale, IL 60521

Lynn Macas Graham

Real Estate, Estate Planning, Estate, Transactions

Status: In Good Standing Licensed: 15 Years

CONTACT

26 Blaine St, Hinsdale, IL 60521

Gary Grasso

Other, Lawsuit & Dispute, Estate, Medical Malpractice

Status: In Good Standing

CONTACT

38 Blaine St, Hinsdale, IL 60521

Gary Anthony Grasso

Other, Lawsuit & Dispute, Estate, Medical Malpractice

Status: In Good Standing

CONTACT

38 Blaine St, Hinsdale, IL 60521

Michael V. LoCicero

Wills, Wills & Probate, Family Law, Constitutional Law

Status: In Good Standing Licensed: 43 Years

CONTACT

2021 Midwest Rd, Hinsdale, IL 60523

Michael Daniel Walsh

Estate Planning, Divorce & Family Law, Transactions, Personal Injury

Status: In Good Standing Licensed: 45 Years

CONTACT

Western Springs, IL 60558

Kevin John Moore

Tax, Federal Appellate Practice, Wills & Probate, Personal Injury, Estate

Status: In Good Standing Licensed: 41 Years

CONTACT

4365 Lawn Avenue, Western Springs, IL 60558

Mary Ann Covone

Litigation, Estate Planning, Business, Slip & Fall Accident, Personal Injury

Status: In Good Standing Licensed: 33 Years

CONTACT

915 W 55Th St, Western Springs, IL 60558

Adam Bowers

Medical Malpractice, Estate

Status: In Good Standing Licensed: 23 Years

CONTACT

38 S Blaine St, Hinsdale, IL 60521

800-923-0641

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LEGAL TERMS

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

TRUSTEE POWERS

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

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

SAMPLE LEGAL CASES

In re Estate of Feinberg

This case involves a dispute among the surviving children and grandchildren of Max and Erla Feinberg regarding the validity of a trust provision. The circuit court of Cook County found the trust provision unenforceable on the basis that it is contrary to the public policy of the state ...

In re Estate of Feinberg

In re ESTATE OF 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 ...

In re Estate of Ellis

Grace Ellis executed a will in 1964 naming Shriners Hospitals for Children (Shriners) as beneficiary of her estate if she died without direct descendants. In 1999, she executed a new will naming James G. Bauman as sole beneficiary. Bauman was the pastor of the church of which ...

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Western Springs Estate Lawyer, Illinois, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

William H. Pokorny

Lynn Graham

Lynn Macas Graham

Gary Grasso

Gary Anthony Grasso

Michael V. LoCicero

Michael Daniel Walsh

Kevin John Moore

Mary Ann Covone

Adam Bowers

TIPS

LEGAL TERMS

REAL ESTATE AGENT

DISTRIBUTEE

FUNDING A TRUST

HOLOGRAPHIC WILL

SUCCESSION

TRUST MERGER

SPRINKLING TRUST

TRUSTEE POWERS

SUMMARY PROBATE

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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