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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
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Karen L. Riemer

Employment, Estate, Lawsuit & Dispute, Corporate

Status: Licensed: 26 Years

CONTACT

331 W Lake St, Lake Mills, WI 53551

Margaret G. Hanrahan

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

Status: Licensed: 31 Years

CONTACT

116 E Lake St, Lake Mills, WI 53551

Colleen J. Locke

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

Status: Licensed: 33 Years

CONTACT

125 S Main St, Jefferson, WI 53549

Bart D. Achterberg

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

Status: Licensed: 23 Years

CONTACT

1626 Kings Mill Way, Madison, WI 53718

Henry B. Miller

Business, Commercial Real Estate, Estate Planning, Gift Taxation

Status: Licensed: 69 Years

CONTACT

Jefferson, WI 53549

Daniel T. Kohls

Estate, Business, Real Estate

Status: Licensed: 29 Years

CONTACT

6041 Monona Dr, Madison, WI 53716

Robert A. Gonzalez

Lawsuit & Dispute, International, Estate, Elder Law

Status: Licensed: 48 Years

CONTACT

4703 Monona Dr, Madison, WI 53716

William E. Chritton

Commercial Real Estate, Estate Planning, Wills & Probate

Status: Licensed: 80 Years

CONTACT

1100 Skogdalen Dr, Stoughton, WI 53589

800-814-6700

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LEGAL TERMS

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

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.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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.

DEED OF TRUST

See trust deed.

NET ESTATE

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

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

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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

PROVING A WILL

QDOT TRUST

BANKRUPTCY ESTATE

AUGMENTED ESTATE

BENEFICIARY

STATUTORY SHARE

DEED OF TRUST

NET ESTATE

FAMILY ALLOWANCE

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