Woodhull Estate Planning Lawyer, Illinois

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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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Includes: Gift Taxation

Kenneth M. Collinson

Real Estate, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing

FREE CONSULTATION

CONTACT

225 E. First Street, Milan, IL 61264

Robert G Scott

Estate Planning, Wills & Probate, Real Estate, Trusts

Status: In Good Standing

FREE CONSULTATION

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225 E. First Street, Milan, IL 61264

Lincoln T. Scott

Wills & Probate, Estate Planning, Family Law, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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3610 25Th Street, Moline, IL 61265

Pamela M. Anderson

Business Organization, Estate Planning, Wills & Probate, Real Estate

Status: In Good Standing

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1600 Fourth Avenue, Rock Island, IL 61201

John Ames

Real Estate, Government, Estate Planning, Estate

Status: In Good Standing Licensed: 63 Years

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1000 3Rd St, Orion, IL 61273

Reynolds Everett

Estate Planning, Insurance, Transactions, Business & Trade

Status: In Good Standing Licensed: 53 Years

CONTACT

Yocum Bank Bldg., Galva, IL 61434

John Gus Ames

Real Estate, Government, Estate Planning, Estate

Status: In Good Standing Licensed: 63 Years

CONTACT

Orion, IL 61273

Daniel Stoerzbach

Social Security, Estate Planning, Adoption, Transactions, Business

Status: In Good Standing

CONTACT

2101 Windish Dr, Galesburg, IL 61401

Molly Palmer

Tax, Estate Planning, Transactions, International Tax

Status: In Good Standing

CONTACT

250 E. Main Street, Galesburg, IL 61401

Molly Elizabeth Palmer

International Tax, Estate Planning, Transactions, Administrative Law

Status: In Good Standing

CONTACT

250 E. Main Street, Galesburg, IL 61401

800-923-0641

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LEGAL TERMS

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.'

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

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.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

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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Woodhull Estate Planning Lawyer, Illinois

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Kenneth M. Collinson

Robert G Scott

Lincoln T. Scott

Pamela M. Anderson

John Ames

Reynolds Everett

John Gus Ames

Daniel Stoerzbach

Molly Palmer

Molly Elizabeth Palmer

TIPS

LEGAL TERMS

BEQUEATH

ESTATE PLANNING

POUR-OVER WILL

INTER VIVOS TRUST

NONPROBATE

SPECIFIC BEQUEST

STATUTORY SHARE

DISTRIBUTEE

GRANTOR

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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