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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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Karen L. Riemer

Employment, Estate, Lawsuit & Dispute, Corporate

Status: In Good Standing Licensed: 26 Years

CONTACT

331 W Lake St, Lake Mills, WI 53551

Margaret G. Hanrahan

Estate Planning, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing Licensed: 31 Years

CONTACT

116 E Lake St, Lake Mills, WI 53551

Colleen J. Locke

Real Estate, Government, Estate, Divorce, Divorce & Family Law

Status: In Good Standing Licensed: 32 Years

CONTACT

125 S Main St, Jefferson, WI 53549

Bart D. Achterberg

Accident & Injury, Criminal, Estate, Real Estate, Elder Law

Status: In Good Standing Licensed: 23 Years

CONTACT

1626 Kings Mill Way, Madison, WI 53718

Henry B. Miller

Business, Commercial Real Estate, Estate Planning, Gift Taxation

Status: Inactive Licensed: 69 Years

CONTACT

Jefferson, WI 53549

Daniel T. Kohls

Estate, Business, Real Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

6041 Monona Dr, Madison, WI 53716

Robert A. Gonzalez

Lawsuit & Dispute, International, Estate, Elder Law

Status: In Good Standing Licensed: 47 Years

CONTACT

4703 Monona Dr, Madison, WI 53716

William E. Chritton

Commercial Real Estate, Estate Planning, Wills & Probate

Status: In Good Standing Licensed: 80 Years

CONTACT

1100 Skogdalen Dr, Stoughton, WI 53589

800-923-0641

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LEGAL TERMS

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

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.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

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.

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.

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.

TITLE COMPANY

A company that issues title insurance.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

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Waterloo Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Karen L. Riemer

Margaret G. Hanrahan

Colleen J. Locke

Bart D. Achterberg

Henry B. Miller

Daniel T. Kohls

Robert A. Gonzalez

William E. Chritton

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LEGAL TERMS

NONPROBATE

LAPSE

HEIR APPARENT

DOWER AND CURTESY

DEATH TAXES

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

TITLE COMPANY

PROBATE COURT

SPECIAL ADMINISTRATOR

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