Menomonee Falls Estate Lawyer, Wisconsin, page 3

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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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John G. Movroydis

Trusts, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing Licensed: 48 Years

CONTACT

13935 Bishops Drive, Brookfield, WI 53005

Jennifer Ryczek

Industry Specialties, Estate Planning, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

20720 Watertown Rd., Waukesha, WI 53186

Fintan L. Dooley

Bankruptcy, Estate, Real Estate, Water

Status: In Good Standing Licensed: 49 Years

CONTACT

3373 N 46Th St, Milwaukee, WI 53216

William David Block

Estate Planning, Estate, Divorce & Family Law, Misdemeanor

Status: In Good Standing Licensed: 15 Years

CONTACT

7430 Harwood Ave, Milwaukee, WI 53213

James R. Shaw

Lawsuit & Dispute, Estate, Consumer Protection, Corporate

Status: In Good Standing Licensed: 20 Years

CONTACT

21510 Astolat Drive, Brookfield, WI 53045

Nicholas J. DeStefanis

Bankruptcy & Debt, Criminal, Divorce & Family Law, Accident & Injury, Estate

Status: In Good Standing Licensed: 17 Years

CONTACT

1126 S. 70th Street, West Allis, WI 53214

Frederick A. Moegenburg

Business, Personal Injury, Commercial Real Estate, Wills & Probate

Status: Inactive Licensed: 71 Years

CONTACT

4605 Wessex Dr, Brookfield, WI 53045

Allen Silverstein

Real Estate, Estate, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 54 Years

CONTACT

2281 N Swan Blvd, Milwaukee, WI 53226

Winston P. Brown

Real Estate, Estate Planning, Medical Malpractice

Status: In Good Standing Licensed: 52 Years

CONTACT

8503 Stickney Ave, Milwaukee, WI 53226

Judith A. Drinka

Real Estate, International, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 50 Years

CONTACT

350 Bishops Way, Brookfield, WI 53005

800-923-0641

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LEGAL TERMS

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

TESTAMENTARY TRUST

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

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.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

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.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

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Menomonee Falls Estate Lawyer, Wisconsin, page 3

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

John G. Movroydis

Jennifer Ryczek

Fintan L. Dooley

William David Block

James R. Shaw

Nicholas J. DeStefanis

Frederick A. Moegenburg

Allen Silverstein

Winston P. Brown

Judith A. Drinka

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LEGAL TERMS

HEIR APPARENT

FINAL BENEFICIARY

TESTAMENTARY TRUST

ABATEMENT

PROPERTY CONTROL TRUST

INTESTATE

EXEMPTION TRUST

INTESTATE SUCCESSION

GRANT DEED

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