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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
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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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Gary R. Villnow

Estate

Status: In Good Standing Licensed: 31 Years

CONTACT

197 N Main St, Amherst, WI 54406

Robert M. Sigman

Real Estate, Government, Estate

Status: In Good Standing Licensed: 62 Years

CONTACT

2193 Sunrise Dr, Appleton, WI 54914

Thomas H. Sutter

Real Estate, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 47 Years

CONTACT

2519 N Mcdonald, Appleton, WI 54911

Lawrence C. Silton

International, Estate, Business

Status: In Good Standing Licensed: 52 Years

CONTACT

901 E Pondview Ct, Appleton, WI 54913

Nicholas J. Vande Castle

Municipal, Estate Administration, Estate Planning, Business, Transactions

Status: In Good Standing

CONTACT

100 N Appleton St, Appleton, WI 54911

Michael D. Wartman

Government, Estate, Business

Status: In Good Standing Licensed: 40 Years

CONTACT

110 W Main St, Ashland, WI 54806

Paul Raymond Uttech

Tax, Estate, Divorce & Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 30 Years

CONTACT

N7652 Edgewater Dr, Beaver Dam, WI 53916

Richard W. Steffes

Real Estate, Estate

Status: Suspended Licensed: 55 Years

CONTACT

140 Lake Shore Ter, Beaver Dam, WI 53916

Michael W. Rohr

Estate Planning, Employment, Corporate, Business Organization

Status: In Good Standing Licensed: 38 Years

CONTACT

16535 W Bluemound Road, Brookfield, WI 53005

Francis X. Swietlik

Real Estate, Government, Estate

Status: In Good Standing Licensed: 70 Years

CONTACT

2210 Lavela Cir, Brookfield, WI 53005

800-923-0641

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LEGAL TERMS

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

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.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

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.

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.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

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Sparta Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Gary R. Villnow

Robert M. Sigman

Thomas H. Sutter

Lawrence C. Silton

Nicholas J. Vande Castle

Michael D. Wartman

Paul Raymond Uttech

Richard W. Steffes

Michael W. Rohr

Francis X. Swietlik

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LEGAL TERMS

PRETERMITTED HEIR

ENDOWMENT INSURANCE

LETTERS TESTAMENTARY

REAL ESTATE AGENT

EXEMPTION TRUST

HEIR AT LAW

PROBATE

OFFICER

ADEMPTION

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