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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
Bankruptcy, Chapter 7, Chapter 13
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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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Daniel J. Krause

Nursing Home, Estate Planning, Estate, Divorce & Family Law

Status: In Good Standing

CONTACT

116 Spring St, Oregon, WI 53575

Nelson Donovan

Estate Planning, Estate

Status: In Good Standing

CONTACT

116 Spring St, Oregon, WI 53575

Alicia M. Augsburger

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 16 Years

CONTACT

1211 17th Avenue, Monroe, WI 53566

Lance Alan McNaughton

Real Estate, Dispute Resolution, Estate, Employee Rights, Personal Injury

Status: In Good Standing Licensed: 26 Years

CONTACT

1112 17Th Ave, Monroe, WI 53566

Johanna J. Allex

Tax, Trusts, Estate Planning, Business

Status: In Good Standing Licensed: 24 Years

CONTACT

2997 Yarmouth Greenway Dr, Madison, WI 53711

Iris M. Christenson

Real Estate, Wills & Probate, Trusts, Elder Law

Status: In Good Standing Licensed: 34 Years

CONTACT

2997 Yarmouth Greenway Dr, Madison, WI 53711

William E. Chritton

Commercial Real Estate, Estate Planning, Wills & Probate

Status: In Good Standing Licensed: 80 Years

CONTACT

1100 Skogdalen Dr, Stoughton, WI 53589

800-923-0641

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LEGAL TERMS

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

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.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

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.

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.

TRUSTEE POWERS

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

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Albany Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Daniel J. Krause

Nelson Donovan

Alicia M. Augsburger

Lance Alan McNaughton

Johanna J. Allex

Iris M. Christenson

William E. Chritton

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LEGAL TERMS

RULE AGAINST PERPETUITIES

ENDOWMENT INSURANCE

DEVISEE

EXECUTOR

QTIP TRUST

MINERAL RIGHTS

HOLOGRAPHIC WILL

GRANT DEED

TRUSTEE POWERS

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