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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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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Jeffrey J. Bartzen

Real Estate, Intellectual Property, Estate Planning, Corporate

Status:

CONTACT

401 Charmany Drive, Madison, WI 53719

John Andrew Horn

Power of Attorney, Wills & Probate, Trusts, Estate, Elder Law

Status:

CONTACT

8446 Excelsior Drive, Madison, WI 53717

Kathleen A. Kjorlie

Estate Planning, Wills & Probate, Residential Real Estate, Trusts

Status: Licensed: 16 Years

CONTACT

8500 Greenway Blvd, Middleton, WI 53562

Michelle T L Hernandez

Real Estate, Litigation, Estate, Family Law

Status:

CONTACT

8215 Greenway Blvd, Middleton, WI 53562

Mark T. Scheffer

Real Estate, Estate, Elder Law, Business

Status: Licensed: 41 Years

CONTACT

Middleton, WI 53562

Dale R. Gregory

Criminal, Business, Commercial Real Estate, Estate Planning

Status: Licensed: 39 Years

CONTACT

2501 Parmenter Street, Middleton, WI 53562

Mark H T Fuhrman

Tax, Estate Planning, Business Successions, Business, Estate

Status: Licensed: 32 Years

CONTACT

2501 Parmenter Street, Middleton, WI 53562

Mark F. Borns

Power of Attorney, Lawsuit & Dispute, Estate, Divorce & Family Law, Business

Status:

CONTACT

10 Odana Ct, Madison, WI 53719

Nathan Dosch

International Tax, Estate Planning, Business

Status:

CONTACT

440 Science Drive, Madison, WI 53711

Sonja A. Lee

Real Estate, Wills & Probate, Trusts, Estate

Status: Licensed: 32 Years

CONTACT

440 Science Drive, Madison, WI 53711

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LEGAL TERMS

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

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.

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.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

NET ESTATE

The value of all property owned at death less liabilities or debts.

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.

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Blue Mounds Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Jeffrey J. Bartzen

John Andrew Horn

Kathleen A. Kjorlie

Michelle T L Hernandez

Mark T. Scheffer

Dale R. Gregory

Mark H T Fuhrman

Mark F. Borns

Nathan Dosch

Sonja A. Lee

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LEGAL TERMS

STATUTORY SHARE

DISINHERIT

RULE AGAINST PERPETUITIES

QDOT TRUST

TAKING AGAINST THE WILL

CHARITABLE TRUST

TRUST MERGER

NET ESTATE

TRUST DEED

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