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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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Michael W. Rohr

Estate Planning, Employment, Corporate, Business Organization

Status: In Good Standing Licensed: 37 Years

CONTACT

16535 W Bluemound Road, Brookfield, WI 53005

Gordon E Stillings

Wills & Probate, Family Law, Child Support, Elder Law

Status: In Good Standing Licensed: 42 Years

CONTACT

251 E Wisconsin Ave, Neenah, WI 54957

Stephen J. Smith

Tax, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 48 Years

CONTACT

840 Lake Ave, Racine, WI 53403

John F. Wilcox

Landlord-Tenant, Real Estate, Lawsuit & Dispute, Estate Planning

Status: In Good Standing Licensed: 62 Years

CONTACT

2215 E Clairemont Ave, Eau Claire, WI 54701

Paul B. Wokwicz

Real Estate, Trusts, Estate Planning, Family Law

Status: In Good Standing Licensed: 68 Years

CONTACT

6121 Green Bay Rd, Kenosha, WI 53142

Amanda L. Wieckowicz

Real Estate, Lawsuit & Dispute, Estate, Business

Status: In Good Standing

CONTACT

325 Knapp St, Chetek, WI 54728

Robert C. Skemp

Tax, Real Estate, Wills & Probate, Estate Planning

Status: In Good Standing Licensed: 73 Years

CONTACT

505 King St, La Crosse, WI 54602

Paul F Wokwicz

Education, Wills, Wills & Probate, Bankruptcy

Status: In Good Standing Licensed: 68 Years

CONTACT

6121 Green Bay Rd, Kenosha, WI 53142

Deborah J. Skocir

Power of Attorney, Real Estate, Wills & Probate, Estate, Banking & Finance

Status: In Good Standing Licensed: 33 Years

CONTACT

Slinger, WI 53086

Frederick C. Wieting

Real Estate, Estate, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 52 Years

CONTACT

125 S Jefferson St, Green Bay, WI 54305

800-923-0641

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LEGAL TERMS

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

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.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

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.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

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Ontario Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Michael W. Rohr

Gordon E Stillings

Stephen J. Smith

John F. Wilcox

Paul B. Wokwicz

Amanda L. Wieckowicz

Robert C. Skemp

Paul F Wokwicz

Deborah J. Skocir

Frederick C. Wieting

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LEGAL TERMS

SPRINKLING TRUST

TRUST MERGER

REAL ESTATE AGENT

LIVING TRUST

ABATEMENT

DEATH TAXES

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

TRUSTEE

ACCUMULATION TRUST

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