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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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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Ernest O. Hanson

Estate Planning, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

505 King Street, La Crosse, WI 54602

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

800-923-0641

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LEGAL TERMS

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

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.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

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Viroqua Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Ernest O. Hanson

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

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LEGAL TERMS

SUCCESSION

PUBLIC ADMINISTRATOR

SPRINKLING TRUST

QDOT TRUST

GENERATION-SKIPPING TRANSFER TAX

TRUST DEED

CONTINGENT BENEFICIARY

DEVISEE

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

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