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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
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Michael Gibbs

Personal Injury, Animal Bite, Wills & Probate, Wrongful Death

Status: In Good Standing

CONTACT

104 South Main Street, Fond Du Lac, WI 54935

John V. Burns

Estate Planning, Family Law, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

1111 East Sumner Street, Hartford, WI 53027

Christopher M. Miller

Criminal, Estate Planning, Family Law, Insurance

Status: In Good Standing

CONTACT

1111 East Sumner Street, Hartford, WI 53027

Peter J. Hoeper

Lawsuit & Dispute, Estate, Divorce & Family Law, Accident & Injury

Status: In Good Standing

CONTACT

512 East Main Street, Waupun, WI 53963

Gene Kirschbaum

Estate Planning, Elder Law, Bad Faith Insurance, Car Accident

Status: In Good Standing

CONTACT

328 Park Avenue, Beaver Dam, WI 53916

Eric L. Becker

Commercial Real Estate, Corporate, Credit & Debt, Estate Planning

Status: In Good Standing Licensed: 51 Years

CONTACT

130A Park Ave, Beaver Dam, WI 53916

Herman D. Schacht

Real Estate, Government, Estate

Status: In Good Standing Licensed: 62 Years

CONTACT

222 S Spring St, Beaver Dam, WI 53916

Tricia L. Walker

Divorce & Family Law, Criminal, Wills, Criminal

Status: In Good Standing Licensed: 19 Years

CONTACT

102 E Main St, Campbellsport, WI 53010

Evan M. Seibel

Real Estate, Lawsuit & Dispute, Business, Accident & Injury, Estate

Status: In Good Standing

CONTACT

55 S Main St, Fond du Lac, WI 54935

Robert V. Edgarton

Real Estate, Government, Estate

Status: In Good Standing

CONTACT

10 Forest Ave, Fond du Lac, WI 54936

800-923-0641

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LEGAL TERMS

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

FAMILY POT TRUST

See pot trust.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

FAILURE OF ISSUE

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

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

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Mayville Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Michael Gibbs

John V. Burns

Christopher M. Miller

Peter J. Hoeper

Gene Kirschbaum

Eric L. Becker

Herman D. Schacht

Tricia L. Walker

Evan M. Seibel

Robert V. Edgarton

TIPS

LEGAL TERMS

HOLOGRAPHIC WILL

FAMILY POT TRUST

SPENDTHRIFT TRUST

REMAINDERMAN

PROVING A WILL

ENDOWMENT INSURANCE

FAILURE OF ISSUE

TRUST DEED

BYPASS TRUST

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