Elmwood Park Estate Lawyer, Wisconsin

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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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David D Patton

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Criminal, Divorce & Family Law, Estate, Business Organization, Contract

A versatile, innovative, and adaptable attorney with an attitude of service and broad experience who meets challenges with open-eyed optimism and solu... (more)

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CONTACT

800-934-1321

1636 Taylor Ave, Racine, WI 53403

Rebecca Mason

Estate Planning, Trusts, Wills & Probate, Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

840 Lake Ave, Racine, WI 53403

Joseph J. Muratore

Real Estate, Government, Estate, Business

Status: In Good Standing Licensed: 40 Years

CONTACT

1750 Ohio St, Racine, WI 53405

Gregory Martin Walters

Patent, Copyright, Intellectual Property, Trusts

Status: In Good Standing Licensed: 28 Years

CONTACT

1525 Howe St, Racine, WI 53403

James W. Pruitt

Estate, Estate, Divorce & Family Law, Limited Liability Companies, Accident & Injury

Status: In Good Standing Licensed: 34 Years

CONTACT

731 Main St, Racine, WI 53403

Jennifer O'Neill Hemmer

Real Estate, Estate, Divorce, Divorce & Family Law

Status: In Good Standing

CONTACT

840 Lake Avenue, Racine, WI 53403

Timothy P. Crawford

Estate Planning, Estate, Child Support, DUI-DWI

Status: In Good Standing Licensed: 52 Years

CONTACT

840 Lake Ave, Racine, WI 53403

Gerald M. Crawford

International Tax, Estate Planning, Elder Law, Bankruptcy

Status: In Good Standing Licensed: 60 Years

CONTACT

840 Lake Ave, Racine, WI 53403

James J. Fetek

Real Estate, Government, Estate

Status: In Good Standing Licensed: 67 Years

CONTACT

1680 Douglas Ave, Racine, WI 53404

John W. Knuteson

Estate, Real Estate, Business, Land Use & Zoning

Status: Retired Licensed: 50 Years

CONTACT

500 College Avenue, Racine, WI 53403

800-923-0641

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LEGAL TERMS

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

DEVISEE

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

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

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Elmwood Park Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

David D Patton

Rebecca Mason

Joseph J. Muratore

Gregory Martin Walters

James W. Pruitt

Jennifer O'Neill Hemmer

Timothy P. Crawford

Gerald M. Crawford

James J. Fetek

John W. Knuteson

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LEGAL TERMS

EXEMPTION TRUST

RESIDUARY ESTATE

CERTIFIED COPY

FAILURE OF ISSUE

IRREVOCABLE TRUST

SUCCESSOR TRUSTEE

DEVISEE

TAKING AGAINST THE WILL

QDOT TRUST

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