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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
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Denise E. Ciebien

Lawsuit & Dispute, Government, Estate

Status: In Good Standing Licensed: 30 Years

CONTACT

317 West Main Street, Ashland, WI 54806

Ryan Long

Real Estate, Estate Planning, Elder Law

Status: In Good Standing Licensed: 12 Years

CONTACT

522 Chapple Ave, Ashland, WI 54806

Richard Lavigne

Wills & Probate, Business, State Appellate Practice, Estate Planning

Status: In Good Standing

CONTACT

Ashland, WI 54806

Alex Mohrbacher

Divorce & Family Law, Estate, Property Damage, Business, Tax

Status: In Good Standing

CONTACT

404 Main St W, Ashland, WI 54806

Kenneth W. Ryder

Criminal, Divorce & Family Law, Estate, Accident & Injury, Business

Status: In Good Standing

FREE CONSULTATION

CONTACT

200 Chapple Ave, Ashland, WI 54806

Howard E. Hanson

Business, Wills & Probate, Commercial Real Estate

Status: Inactive Licensed: 55 Years

CONTACT

Hayward, WI 54843

Paul A. Sturgul

Estate, Government

Status: In Good Standing Licensed: 51 Years

CONTACT

504 Poplar Street, Hurley, WI 54534

Scott A. Reinhard

Lawsuit & Dispute, Estate, Divorce & Family Law, Criminal

Status: In Good Standing

CONTACT

170 4th Ave N, Park Falls, WI 54552

Deborah M. Richter

Real Estate, Estate, Workers' Compensation, Accident & Injury, Elder Law

Status: In Good Standing Licensed: 7 Years

CONTACT

984 4Th Ave S, Park Falls, WI 54552

Patrick Charles Rowe

Commercial Real Estate, Wills & Probate, Estate Planning, Business & Trade

Status: In Good Standing

CONTACT

854 N Lake Avenue, Phillips, WI 54555

800-923-0641

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LEGAL TERMS

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

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.

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.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

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Glidden Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Denise E. Ciebien

Ryan Long

Richard Lavigne

Alex Mohrbacher

Kenneth W. Ryder

Howard E. Hanson

Paul A. Sturgul

Scott A. Reinhard

Deborah M. Richter

Patrick Charles Rowe

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LEGAL TERMS

OFFICER

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

GROSS ESTATE

BENEFICIARY

MINERAL RIGHTS

ESTATE TAXES

ABATEMENT

TRUSTEE

SWEARING MATCH

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