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Abraham Michelson
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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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Ernest O. Hanson

Estate Planning, Real Estate

Status:

FREE CONSULTATION

CONTACT

505 King Street, La Crosse, WI 54602

Robert C. Skemp

Tax, Real Estate, Wills & Probate, Estate Planning, International

Status: Licensed: 73 Years

CONTACT

505 King St, La Crosse, WI 54602

Charles Steven Summers

International, Intellectual Property, Gift Taxation, Business & Trade

Status: Licensed: 17 Years

CONTACT

1127 Cass St, La Crosse, WI 54601

Zelotes S. Rice

Wills & Probate, Labor Law, Commercial Real Estate

Status: Licensed: 76 Years

CONTACT

Sparta, WI 54656

Heidi Marie Eglash

Wills & Probate, Trusts, Estate Planning, Elder Law

Status: Licensed: 30 Years

CONTACT

1212 Horton Street, La Crosse, WI 54601

Sarah E. Fortune

Real Estate, Dispute Resolution, Estate, Guardianships & Conservatorships, Criminal

Status:

CONTACT

505 King St, La Crosse, WI 54602

Michael C. Ablan

Tax, Estate, Wills & Probate

Status: Licensed: 51 Years

CONTACT

411 King Street, La Crosse, WI 54601

Lee J. Fehr

Accident & Injury, Bankruptcy, Estate, Real Estate

Status: Licensed: 36 Years

CONTACT

205 Green Street, Onalaska, WI 54650

Michael S. Moen

Business, Real Estate, Estate Planning

Status: Licensed: 48 Years

CONTACT

201 Main St, La Crosse, WI 54601

Jessica Rena Salomon

Elder Law, Estate Planning, Gift Taxation, Animal Bite

Status: Licensed: 17 Years

CONTACT

1834 Eastwood Ln, La Crosse, WI 54601

800-814-6700

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LEGAL TERMS

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.'

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

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.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

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.

Rockland Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Ernest O. Hanson

Robert C. Skemp

Charles Steven Summers

Zelotes S. Rice

Heidi Marie Eglash

Sarah E. Fortune

Michael C. Ablan

Lee J. Fehr

Michael S. Moen

Jessica Rena Salomon

TIPS

LEGAL TERMS

EXECUTOR

EXEMPTION TRUST

LIVING TRUST

WILL

CONTINGENT BENEFICIARY

SUMMARY PROBATE

PRETERMITTED HEIR

HOLOGRAPHIC WILL

TESTAMENTARY TRUST

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