Ellsworth Estate Lawyer, Wisconsin

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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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D. Peter Seguin

Bankruptcy, Corporate, Estate Planning, Wills & Probate, Estate

Status: In Good Standing

CONTACT

110 Second Street, Hudson, WI 54016

Joel D. Schlitz

Criminal, Estate, Lawsuit & Dispute, Real Estate, DUI-DWI

Status: In Good Standing

CONTACT

110 Second Street, Hudson, WI 54016

Allen M. Salomon

Trusts, Corporate

Status: In Good Standing

CONTACT

111 E Kilbourn Ave, Milwaukee, WI 53202

Brian Franklin Albee

General Practice

Status: Inactive Licensed: 29 Years

CONTACT

1144 70Th Ave, Roberts, WI 54023

Cameron Royal Kelly

Real Estate, Estate, Business

Status: In Good Standing

CONTACT

400 S Second St, Hudson, WI 54016

Catherine R. Munkittrick

Government, Estate, Workers' Compensation, Elder Law

Status: In Good Standing

CONTACT

219 N Main St, River Falls, WI 54022

Christine Ann Rasmussen

Tax, Real Estate, Intellectual Property, Estate, Business

Status: In Good Standing Licensed: 18 Years

CONTACT

940 7th Ave., Baldwin, WI 54002

Christopher Stephen Petros

Criminal, Divorce & Family Law, Estate, Litigation, DUI-DWI

Status: In Good Standing Licensed: 22 Years

FREE CONSULTATION

CONTACT

431 Second Street, Hudson, WI 54016

D Peter Seguin

Estate, DUI-DWI, Civil Rights, Bankruptcy & Debt

Status: Inactive Licensed: 50 Years

CONTACT

110 2Nd St, Hudson, WI 54016

Hugh H. Gwin

Real Estate, Estate Planning

Status: In Good Standing Licensed: 51 Years

CONTACT

706 19Th St S, Hudson, WI 54016

800-923-0641

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LEGAL TERMS

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

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.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

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Ellsworth Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

D. Peter Seguin

Joel D. Schlitz

Allen M. Salomon

Brian Franklin Albee

Cameron Royal Kelly

Catherine R. Munkittrick

Christine Ann Rasmussen

Christopher Stephen Petros

D Peter Seguin

Hugh H. Gwin

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LEGAL TERMS

SPRINKLING TRUST

ABATEMENT

INHERIT

GRANTOR

ADMINISTRATION (OF AN ESTATE)

ENTITY

RESIDUARY ESTATE

POUR-OVER WILL

PROBATE

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