Birnamwood Estate Lawyer, Wisconsin

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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
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Nicholas R. Abts

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Estate, Divorce & Family Law, Real Estate, Business, Power of Attorney

Nicholas practices law in central Wisconsin, serving clients in Wood County, Portage County and the surrounding area. He focus on estate planning, bus... (more)

FREE CONSULTATION

CONTACT

800-917-5711

321 Market Street, Wisconsin Rapids, WI 54495

Andrew W. Schmidt

Real Estate, Divorce, Power of Attorney, Guardianships & Conservatorships, Estate

Status:

CONTACT

123 Grand Avenue, Wausau, WI 54403

Patrick L. Crooks

Real Estate, Estate, Accident & Injury

Status: Licensed: 67 Years

CONTACT

1510 Adams Ct, Wausau, WI 54403

Michael K. Dirks

Litigation, Wills & Probate, Employment Discrimination, Divorce & Family Law

Status: Licensed: 21 Years

CONTACT

1155 Grand Ave, Schofield, WI 54476

Jerome P. Tlusty

Landlord-Tenant, Estate, Employment, Personal Injury, Accident & Injury

Status: Licensed: 56 Years

CONTACT

1155 Grand Ave, Schofield, WI 54476

Sarah Lynn Ruffi

Real Estate, Intellectual Property, Estate, Business

Status: Licensed: 29 Years

CONTACT

627 Jackson St, Wausau, WI 54403

Tara M. Guelzow

Real Estate, Estate, Divorce & Family Law, Contract

Status: Licensed: 20 Years

CONTACT

531 Washington Avenue, Wausau, WI 54403

Paul M. Goetz

Traffic, Lawsuit & Dispute, Estate, Child Custody

Status: Licensed: 52 Years

CONTACT

324 Washington St, Wausau, WI 54402

Thomas F. Mallery

Real Estate, Estate, Business

Status: Licensed: 52 Years

CONTACT

500 3Rd St, Wausau, WI 54402

Michael C. Meyer

Real Estate, Estate, Personal Injury, Accident & Injury

Status: Licensed: 48 Years

CONTACT

111 Grant St, Marion, WI 54950

800-814-6700

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LEGAL TERMS

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

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.'

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.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

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.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

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.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

Birnamwood Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Nicholas R. Abts

Andrew W. Schmidt

Patrick L. Crooks

Michael K. Dirks

Jerome P. Tlusty

Sarah Lynn Ruffi

Tara M. Guelzow

Paul M. Goetz

Thomas F. Mallery

Michael C. Meyer

TIPS

LEGAL TERMS

HOLOGRAPHIC WILL

LIVING TRUST

SPRINKLING TRUST

TRUSTEE POWERS

TRUSTEE

DOWER AND CURTESY

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

AB TRUST

DEED OF TRUST

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