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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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Denise E. Ciebien

Lawsuit & Dispute, Government, Estate

Status: Licensed: 31 Years

CONTACT

317 West Main Street, Ashland, WI 54806

Ryan Long

Elder Law, Estate Planning, Real Estate

Status: Licensed: 13 Years

CONTACT

522 Chapple Ave, Ashland, WI 54806

Richard Lavigne

Wills & Probate, Business, State Appellate Practice, Estate Planning

Status:

CONTACT

Ashland, WI 54806

Alex Mohrbacher

Divorce & Family Law, Estate, Property Damage, Business, Tax

Status:

CONTACT

404 Main St W, Ashland, WI 54806

Kenneth W. Ryder

Criminal, Divorce & Family Law, Estate, Accident & Injury, Business

Status:

FREE CONSULTATION

CONTACT

200 Chapple Ave, Ashland, WI 54806

Timothy B. McKinley

Criminal, Wills & Probate, Real Estate, Real Estate Other

Status: Licensed: 49 Years

CONTACT

209 N Iowa St, Dodgeville, WI 53533

Susan Carolyn Lein

Alimony & Spousal Support, Child Support, Adoption, Criminal, Estate

Status: Licensed: 42 Years

CONTACT

15692 Us Highway 63, Hayward, WI 54843

Ward Wm Winton

Commercial Real Estate, Family Law, Estate Planning

Status: Licensed: 49 Years

CONTACT

15842 W 2nd St, Hayward, WI 54843

Michael A. Kelsey

Real Estate, Estate

Status: Licensed: 40 Years

CONTACT

10603N Kansas Ave, Hayward, WI 54843

Howard E. Hanson

Business, Wills & Probate, Commercial Real Estate

Status: Licensed: 56 Years

CONTACT

Hayward, WI 54843

800-814-6700

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LEGAL TERMS

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.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

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.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

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).

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

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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Grand View Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Denise E. Ciebien

Ryan Long

Richard Lavigne

Alex Mohrbacher

Kenneth W. Ryder

Timothy B. McKinley

Susan Carolyn Lein

Ward Wm Winton

Michael A. Kelsey

Howard E. Hanson

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LEGAL TERMS

TRUST DEED

ADMINISTRATRIX

ABATEMENT

LAPSE

SURVIVING SPOUSE'S TRUST

CHARITABLE TRUST

POWER OF APPOINTMENT

SUCCESSOR TRUSTEE

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

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