Thiensville Estate Lawyer, Wisconsin

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Abraham Michelson
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The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
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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.
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Gary D. Lippow

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

Status: In Good Standing Licensed: 23 Years

CONTACT

7670 North Port Washington Road, Fox Point, WI 53217

Jill Hack Brodkey

Government, Estate, Business

Status: In Good Standing Licensed: 34 Years

CONTACT

200 E Ravine Dr, Mequon, WI 53092

Michael George May

Estate

Status: In Good Standing Licensed: 34 Years

CONTACT

10140 N Port Washington Rd, Mequon, WI 53092

William Lyne

Real Estate, Estate

Status: In Good Standing Licensed: 23 Years

CONTACT

7105 W Mequon Rd, Mequon, WI 53092

Robert E. Leib

Estate Planning

Status: In Good Standing Licensed: 43 Years

CONTACT

11007 N Elder Tree Ct, Mequon, WI 53092

Jerome H. Iverson

Wills & Probate, Estate, Family Medical Leave Act (FMLA), DUI-DWI

Status: In Good Standing Licensed: 39 Years

CONTACT

10224 N Port Washington Rd, Mequon, WI 53092

Carol J. Wessels

Power of Attorney, Litigation, Trusts, Estate, Elder Law

Status: In Good Standing Licensed: 37 Years

CONTACT

Wessels Law Office LLC, Mequon, WI 53092

Russell J. A. Jones

Defect and Lemon Law, Estate Planning, Criminal, Business & Trade

Status: In Good Standing Licensed: 22 Years

CONTACT

1017 W. Glen Oaks Lane, Mequon, WI 53092

Robert E. Holtz

Real Estate, International, Estate, Business

Status: In Good Standing

CONTACT

1001 W Glen Oaks Ln, Mequon, WI 53092

William J. Lyne

Real Estate, Estate, Family Law, Contract

Status: In Good Standing Licensed: 23 Years

CONTACT

7105 W Mequon Rd, Mequon, WI 53092

800-923-0641

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LEGAL TERMS

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

CURATOR

See conservator.

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.

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.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

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.

WARRANTY DEED

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

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Thiensville Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Gary D. Lippow

Jill Hack Brodkey

Michael George May

William Lyne

Robert E. Leib

Jerome H. Iverson

Carol J. Wessels

Russell J. A. Jones

Robert E. Holtz

William J. Lyne

TIPS

LEGAL TERMS

RULE AGAINST PERPETUITIES

CURATOR

EXEMPTION TRUST

ENDOWMENT INSURANCE

NONPROBATE

INHERIT

RESIDUARY ESTATE

RESIDUARY BENEFICIARY

WARRANTY DEED

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