Mcfarland Estate Lawyer, Wisconsin

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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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Christopher S. Krimmer

Wills, Family Law, Divorce, Civil Rights

Status: In Good Standing

CONTACT

131 West Wilson Street, Madison, WI 53703

Holly J. Slota

Wills, Collaborative Law, Family Law, Divorce

Status: In Good Standing

CONTACT

131 West Wilson Street, Madison, WI 53703

Lawrence E. Bechler

Land Use & Zoning, Real Estate, Wills & Probate, Estate Planning

Status: In Good Standing

CONTACT

33 East Main Street, Madison, WI 53703

William F. Mundt

Wills & Probate, Business Organization, Estate Planning, Employment

Status: In Good Standing

CONTACT

33 East Main Street, Madison, WI 53703

Stephen R. Tumbush

Landlord-Tenant, Trusts, Merger & Acquisition, Contract

Status: In Good Standing

CONTACT

33 East Main Street, Madison, WI 53703

Richard W. Pitzner

Wills & Probate, Trusts, Family Law, Corporate

Status: In Good Standing

CONTACT

33 East Main Street, Madison, WI 53703

Rachel L Govin

Estate Planning, Family Law, Litigation, Real Estate

Status: In Good Standing

CONTACT

701 E. Washington Avenue, Madison, WI 53703

Bryan D. Woods

Corporate, Litigation, Wills & Probate, Real Estate

Status: In Good Standing

CONTACT

33 East Main Street, Madison, WI 53703

Eve E. Dennison Pollock

Family Law, Banking & Finance, Wills & Probate, Government Agencies

Status: In Good Standing

CONTACT

110 E. Main St., Madison, WI 53703

Daniel T. Kohls

Estate, Business, Real Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

6041 Monona Dr, Madison, WI 53716

800-923-0641

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LEGAL TERMS

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

SUCCESSOR TRUSTEE

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

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.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

NET ESTATE

The value of all property owned at death less liabilities or debts.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

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.

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Mcfarland Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Christopher S. Krimmer

Holly J. Slota

Lawrence E. Bechler

William F. Mundt

Stephen R. Tumbush

Richard W. Pitzner

Rachel L Govin

Bryan D. Woods

Eve E. Dennison Pollock

Daniel T. Kohls

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LEGAL TERMS

ESTATE PLANNING

SPECIFIC BEQUEST

POWER OF APPOINTMENT

SUCCESSOR TRUSTEE

ENDOWMENT INSURANCE

TRUSTEE POWERS

NET ESTATE

RESIDUARY BENEFICIARY

GROSS ESTATE

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