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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
  Our legal team can advise you on your options for negotiating a solution.
3. Practice AreasServices
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Garett T. Pankratz

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Accident & Injury, Business, Estate, Workers' Compensation, Real Estate

Garett joined the firm in 2012 and practices mostly in the area of workers‘ compensation and personal injury. He enjoys hunting, fishing, hiking,... (more)

FREE CONSULTATION

CONTACT

608-784-3540

505 King St, La Crosse, WI 54601

Ernest O. Hanson

Estate Planning, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

505 King Street, La Crosse, WI 54602

Leary E. Peterson

Estate Planning

Status: In Good Standing Licensed: 79 Years

CONTACT

110 E Haydn St, Prairie Du Chien, WI 53821

Robert C. Skemp

Tax, Real Estate, Wills & Probate, Estate Planning

Status: In Good Standing Licensed: 72 Years

CONTACT

505 King St, La Crosse, WI 54602

Charles Steven Summers

International, Intellectual Property, Gift Taxation, Business & Trade

Status: In Good Standing Licensed: 16 Years

CONTACT

1127 Cass St, La Crosse, WI 54601

Thomas John Casey

Bankruptcy & Debt, Estate, Lawsuit & Dispute

Status: In Good Standing Licensed: 40 Years

CONTACT

111 Oak Street, Mauston, WI 53948

Jessica Rena Salomon

Elder Law, Estate Planning, Gift Taxation, Animal Bite

Status: Inactive Licensed: 16 Years

CONTACT

1834 Eastwood Ln, La Crosse, WI 54601

Heidi Marie Eglash

Wills & Probate, Trusts, Estate Planning, Elder Law

Status: In Good Standing Licensed: 29 Years

CONTACT

1212 Horton Street, La Crosse, WI 54601

Donald J. Harman

Accident & Injury, Criminal, Estate, Lawsuit & Dispute, Medical Malpractice

Status: In Good Standing Licensed: 65 Years

CONTACT

La Crosse, WI 54602

Richard W. Schroeder

Corporate, Elder Law, Estate Planning, Wills & Probate

Status: Inactive Licensed: 55 Years

CONTACT

505 King St, La Crosse, WI 54602

800-923-0641

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LEGAL TERMS

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.

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).

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.'

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

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.

DEED OF TRUST

See trust deed.

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.

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.

Blue River Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Garett T. Pankratz

Ernest O. Hanson

Leary E. Peterson

Robert C. Skemp

Charles Steven Summers

Thomas John Casey

Jessica Rena Salomon

Heidi Marie Eglash

Donald J. Harman

Richard W. Schroeder

TIPS

LEGAL TERMS

SUCCESSION

GRANTOR RETAINED INCOME TRUST

ABSTRACT OF TRUST

WILL

TRUST MERGER

DEED OF TRUST

POWER OF APPOINTMENT

NONPROBATE

CURATOR

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