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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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Boyd Gibbons

General Practice

Status: Retired Licensed: 62 Years

CONTACT

5799 Lakeview Rd, Spring Green, WI 53588

Donald R. Stroud

Real Estate, Estate, Business

Status: In Good Standing Licensed: 15 Years

CONTACT

121 W Jefferson St, Spring Green, WI 53588

Michael C. Curran

Criminal, Divorce & Family Law, Estate, Real Estate

Status: In Good Standing Licensed: 17 Years

FREE CONSULTATION

CONTACT

115 N Washington St, Spring Green, WI 53588

Tammy Koester Parks

Estate

Status: In Good Standing Licensed: 38 Years

CONTACT

6474 State Road 78, Mazomanie, WI 53560

Donna Ann Weikert

Government, Wills & Probate, Estate, Divorce

Status: In Good Standing Licensed: 37 Years

CONTACT

3302 Bethlehem Rd, Dodgeville, WI 53533

Patrick J. Taggart

Real Estate, Estate, Criminal, Business

Status: In Good Standing

CONTACT

1730 Community Dr, Sauk City, WI 53583

Tim Greenwood

Divorce & Family Law, Estate Planning, Estate, Real Estate

Status: In Good Standing

CONTACT

1730 Community Dr, Sauk City, WI 53583

Karen S. Fowell

Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 43 Years

CONTACT

297 N Central Ave, Richland Center, WI 53581

James J. Robb

Estate, Real Estate

Status: In Good Standing Licensed: 51 Years

CONTACT

274 N Central Ave, Richland Center, WI 53581

Timothy Brian Gifford

Estate, Employment, Divorce & Family Law, Criminal

Status: In Good Standing

CONTACT

136 N Main St, Richland Center, WI 53581

800-923-0641

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LEGAL TERMS

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

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.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

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.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

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.

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.'

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Spring Green Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Boyd Gibbons

Donald R. Stroud

Michael C. Curran

Tammy Koester Parks

Donna Ann Weikert

Patrick J. Taggart

Tim Greenwood

Karen S. Fowell

James J. Robb

Timothy Brian Gifford

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LEGAL TERMS

BANKRUPTCY ESTATE

RESIDUARY BENEFICIARY

SELF-PROVING WILL

MINERAL RIGHTS

EXEMPTION TRUST

WARRANTY DEED

SPECIAL ADMINISTRATOR

INTESTATE

LIVING TRUST

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