Franksville 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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Theodore D. Kafkas

Estate, Elder Law, Business, Real Estate

Status: In Good Standing Licensed: 35 Years

CONTACT

Franklin, WI 53132

Thomas G. Richman

Estate Planning, Estate, Wills

Status: In Good Standing Licensed: 14 Years

CONTACT

150 E Fitzsimmons Rd, Oak Creek, WI 53154

Michael J. Pierski

Real Estate, Estate, Business, Accident & Injury

Status: In Good Standing Licensed: 35 Years

CONTACT

S74 W17095 Janesville Rd, Muskego, WI 53150

Charles H. Pehlivanian

Accident & Injury, Estate, Real Estate

Status: In Good Standing Licensed: 59 Years

CONTACT

4824 Singing Trees Dr, Racine, WI 53406

Derrick B. Heller-Neal

Real Estate, Traffic, Estate, Personal Injury

Status: In Good Standing Licensed: 11 Years

CONTACT

6214 Washington Ave, Racine, WI 53406

Thomas K. Hackbart

International, Wills & Probate, Estate Planning, Guardianships & Conservatorships

Status: In Good Standing Licensed: 48 Years

CONTACT

1333 College Ave, South Milwaukee, WI 53172

800-923-0641

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LEGAL TERMS

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

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.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

MARITAL LIFE ESTATE TRUST

See AB trust.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

IRREVOCABLE TRUST

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

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

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Franksville Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Theodore D. Kafkas

Thomas G. Richman

Michael J. Pierski

Charles H. Pehlivanian

Derrick B. Heller-Neal

Thomas K. Hackbart

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LEGAL TERMS

PROBATE COURT

QTIP TRUST

LIVING TRUST

MARITAL LIFE ESTATE TRUST

ABATEMENT

LAPSE

IRREVOCABLE TRUST

TESTAMENTARY TRUST

CONSERVATOR

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