Burnett County, WI Estate Planning Lawyers

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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
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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.
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Includes: Gift Taxation

Not enough matches for Burnett Estate Planning lawyer.
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Adam C. Benson

Real Estate, Wrongful Termination, Defamation & Slander

Status: In Good Standing Licensed: 24 Years

CONTACT

24161 State Rd, Siren, WI 54872

William L. Norine

Child Support

Status: In Good Standing Licensed: 38 Years

CONTACT

513 N Pine St, Grantsburg, WI 54840

Kenneth L. Kutz

Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 46 Years

CONTACT

Grantsburg, WI 54840

Todd H. Anderson

General Practice

Status: In Good Standing Licensed: 44 Years

CONTACT

116 E Madison Ave, Grantsburg, WI 54840

Arthur C. Benson

Real Estate, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 44 Years

CONTACT

29092 Pardun Road, Danbury, WI 54830

George W. Benson

General Practice

Status: In Good Standing Licensed: 55 Years

CONTACT

Siren, WI 54872

Ryan Benson

General Practice

Status: In Good Standing Licensed: 24 Years

CONTACT

24161 State Rd, Siren, WI 54872

Dennis Lieder

Government

Status: In Good Standing Licensed: 50 Years

CONTACT

7435 Airport Rd, Webster, WI 54893

Melissia R. Mogen

Divorce & Family Law, Estate, Business, Real Estate

Status: In Good Standing Licensed: 22 Years

CONTACT

x, Siren, WI 54872

Melissia R. Mogen

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

7410 County Rd, Siren, WI 54872

800-923-0641

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LEGAL TERMS

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

NET ESTATE

The value of all property owned at death less liabilities or debts.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

TRUSTEE POWERS

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

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

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Burnett County, WI Estate Planning Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Adam C. Benson

William L. Norine

Kenneth L. Kutz

Todd H. Anderson

Arthur C. Benson

George W. Benson

Ryan Benson

Dennis Lieder

Melissia R. Mogen

Melissia R. Mogen

TIPS

LEGAL TERMS

RESIDUARY ESTATE

NET ESTATE

PER STIRPES

TRUSTEE POWERS

DISCHARGE (OF PROBATE ADMINISTRATOR)

TRUSTEE

FAMILY ALLOWANCE

DISINHERIT

LETTERS TESTAMENTARY

SAMPLE LEGAL CASES

Tensfeldt v. Haberman

IN THE ESTATE OF DERZON

IN RE THE ESTATE OF HECK

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