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Abraham Michelson
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The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
Bankruptcy, Chapter 7, Chapter 13
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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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Mary Taylor Lokensgard

Estate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 31 Years

CONTACT

3913 W Prospect Ave, Appleton, WI 54914

Brennan T. Haworth

Other, Real Estate Other, Real Estate, Estate

Status: In Good Standing Licensed: 15 Years

CONTACT

3913 W Prospect Ave, Appleton, WI 54914

Craig P. Mares

Traffic, Wills & Probate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 41 Years

CONTACT

912 N Richmond St, Appleton, WI 54911

Robert A. Bachman

Government, Estate, Business

Status: Suspended Licensed: 75 Years

CONTACT

1637 S Driscoll St, Appleton, WI 54914

Joseph J. Hasler

Real Estate, Lawsuit & Dispute, Estate, Business

Status: In Good Standing Licensed: 42 Years

CONTACT

141 3Rd Ave, Baraboo, WI 53913

Peter M. Masana

Lawsuit & Dispute, Estate, Criminal

Status: In Good Standing Licensed: 16 Years

CONTACT

128 2Nd Ave, Baraboo, WI 53913

Robert K. Ginther

Real Estate, Estate, Business

Status: In Good Standing Licensed: 33 Years

CONTACT

221 3Rd Ave, Baraboo, WI 53913

Nicole Marklein Bacher

Traffic, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 17 Years

CONTACT

221 3Rd Ave, Baraboo, WI 53913

Laura L. Colt

Landlord-Tenant, Immigration, Estate, Bankruptcy

Status: In Good Standing Licensed: 13 Years

CONTACT

221 3Rd Ave, Baraboo, WI 53913

Maximilian Buckner

Landlord-Tenant, Motor Vehicle, Wills & Probate, Estate Planning, Workers' Compensation

Status: In Good Standing Licensed: 10 Years

CONTACT

141 3Rd Ave, Baraboo, WI 53913

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LEGAL TERMS

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

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.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

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

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

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.

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Brookfield Estate Lawyer, Wisconsin, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Mary Taylor Lokensgard

Brennan T. Haworth

Craig P. Mares

Robert A. Bachman

Joseph J. Hasler

Peter M. Masana

Robert K. Ginther

Nicole Marklein Bacher

Laura L. Colt

Maximilian Buckner

TIPS

LEGAL TERMS

SPENDTHRIFT TRUST

FINAL BENEFICIARY

DEATH TAXES

PREDECEASED SPOUSE

PER STIRPES

SPECIAL ADMINISTRATOR

PER CAPITA

PERSONAL PROPERTY

EXECUTOR

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