Lincoln County, WI Estate 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
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.
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Not enough matches for Lincoln Estate lawyer.
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Brian J. Arndorfer

Government

Status: In Good Standing

CONTACT

W4421 Eagle Ridge Ln, Merrill, WI 54452

Melissa Ann Fitzgerald

General Practice

Status: In Good Standing Licensed: 17 Years

CONTACT

3000 Schuster Ln, Merrill, WI 54452

Gerald Joseph Hersil

Real Estate, Estate, Business, Accident & Injury

Status: In Good Standing Licensed: 29 Years

CONTACT

200 N Center Avenue, Merrill, WI 54452

William A. Wulf

Employment, Civil & Human Rights, Contract, Accident & Injury

Status: In Good Standing Licensed: 54 Years

CONTACT

703 Tee Lane Dr, Merrill, WI 54452

James C. Koppelman

Family Law, Criminal, Civil & Human Rights, Contract

Status: In Good Standing Licensed: 41 Years

CONTACT

1029 E Main St, Merrill, WI 54452

Wright C. Laufenberg

Traffic, Divorce & Family Law, Criminal, Accident & Injury

Status: In Good Standing Licensed: 32 Years

CONTACT

805 E First St, Merrill, WI 54452

Michael E. Ravn

General Practice

Status: Suspended

CONTACT

3000 Schuster Ln, Merrill, WI 54452

Glenn H. Hartley

Lawsuit & Dispute, Government, Business

Status: In Good Standing Licensed: 50 Years

CONTACT

W5437 N Shore Dr, Irma, WI 54442

Bradford P. Bollmann

General Practice

Status: In Good Standing

CONTACT

3000 Schuster Lane, Merrill, WI 54452

Andrew Polzin

Real Estate, Estate, Employment, Criminal

Status: In Good Standing Licensed: 11 Years

CONTACT

200 N Center Ave, Merrill, WI 54452

800-923-0641

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LEGAL TERMS

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.

MARITAL LIFE ESTATE TRUST

See AB trust.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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.

TESTAMENTARY TRUST

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

CURATOR

See conservator.

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.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

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Lincoln County, WI Estate Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Brian J. Arndorfer

Melissa Ann Fitzgerald

Gerald Joseph Hersil

William A. Wulf

James C. Koppelman

Wright C. Laufenberg

Michael E. Ravn

Glenn H. Hartley

Bradford P. Bollmann

Andrew Polzin

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LEGAL TERMS

ESTATE TAXES

MARITAL LIFE ESTATE TRUST

GENERATION-SKIPPING TRANSFER TAX

EXEMPTION TRUST

TESTAMENTARY TRUST

CURATOR

CONSERVATOR

DISTRIBUTEE

INHERITANCE TAXES

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