Friendship 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
  Our legal team can advise you on your options for negotiating a solution.
3. Practice AreasServices
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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

Hans O. Helland

Divorce & Family Law, Bankruptcy, Estate Planning, Personal Injury

Status: Inactive Licensed: 76 Years

CONTACT

Wisconsin Dells, WI 53965

Thomas John Casey

Bankruptcy & Debt, Estate, Lawsuit & Dispute

Status: In Good Standing Licensed: 40 Years

CONTACT

111 Oak Street, Mauston, WI 53948

J.P. La Chapelle

Estate Planning, Business, Real Estate, Federal Appellate Practice, Estate

Status: In Good Standing

CONTACT

262 W Grand Ave, Wisconsin Rapids, WI 54494

Howard E Dutcher

Traffic, Real Estate, Corporate, Trusts

Status: In Good Standing Licensed: 61 Years

CONTACT

601 Cummings Rd, Wautoma, WI 54982

Guy Robert Detlefsen Jr.

Family Law, Employment, Real Estate, Wills & Probate

Status: In Good Standing Licensed: 48 Years

CONTACT

464 Daly Ave, Wisconsin Rapids, WI 54494

David R. Carlson

Real Estate, Estate, Contract, Business

Status: In Good Standing Licensed: 45 Years

CONTACT

234 1/2 W Wisconsin Ave 3rd Fl, Portage, WI 53901

Elizabeth Stevens

Estate Planning, Child Custody, Civil Rights, Reorganization

Status: In Good Standing

CONTACT

311 Dewitt Street, Portage, WI 53901

John R. Miller

Real Estate, Trusts, Civil Rights, Estate Planning

Status: In Good Standing

CONTACT

311 Dewitt Street, Portage, WI 53901

Michael D. Greiber

Real Estate, Estate, Bankruptcy & Debt, Personal Injury

Status: In Good Standing Licensed: 25 Years

CONTACT

702 Dewitt St, Portage, WI 53901

800-923-0641

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LEGAL TERMS

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

DEED OF TRUST

See trust deed.

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.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

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.

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.

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).

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Friendship Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Nicholas R. Abts

Hans O. Helland

Thomas John Casey

J.P. La Chapelle

Howard E Dutcher

Guy Robert Detlefsen Jr.

David R. Carlson

Elizabeth Stevens

John R. Miller

Michael D. Greiber

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LEGAL TERMS

IRREVOCABLE TRUST

ABATEMENT

LAPSE

DEED OF TRUST

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

DEATH TAXES

TRUST DEED

ENDOWMENT INSURANCE

CHARITABLE TRUST

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