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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
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.
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Alf Langan

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Divorce & Family Law, Estate Planning, Criminal, Federal, Tax Litigation

Licensed in Wisconsin, Illinois, Federal Eastern District of Wisconsin, and U.S. Tax Court

Mr. Langan is a Criminal Lawyer serving Green Bay, Wisconsin and the surrounding areas. He has been practicing law for over 20 years.

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CONTACT

800-382-0901

2643 Libal St, Green Bay, WI 54301

Philip R. Brehm

Real Estate, Trusts, Estate Planning, Family Law, Business Organization

Status: In Good Standing

CONTACT

414 South Jefferson Street, Green Bay, WI 54301

James E. Aschenbrener

Estate Planning, Wills & Probate, Real Estate, Business, Elder Law

Status: In Good Standing Licensed: 35 Years

CONTACT

110 S Main St, Shawano, WI 54166

Robert N. Forseth

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 12 Years

CONTACT

308 Saint Johns Pl, New London, WI 54961

Gregory John Babcock

Bankruptcy & Debt, Business, Employment, Estate, Family Law

Status: In Good Standing Licensed: 18 Years

CONTACT

417 S Adams St, Green Bay, WI 54301

Ryan David Krumrie

Real Estate, Lawsuit & Dispute, Estate, Employment, Business

Status: In Good Standing Licensed: 17 Years

CONTACT

200 S Washington St, Green Bay, WI 54301

Thomas J. Parins

Accident & Injury, Divorce & Family Law, Employment, Estate

Status: In Good Standing

CONTACT

416 S. Monroe Ave, Green Bay, WI 54301

Thomas J. Parins

Real Estate, Estate, Divorce & Family Law, Personal Injury

Status: In Good Standing Licensed: 58 Years

CONTACT

422 Doty St, Green Bay, WI 54301

George Burnett

Real Estate, Wills & Probate, Workers' Compensation, Employment

Status: In Good Standing

CONTACT

231 S Adams St, Green Bay, WI 54301

Tom F Galloway

Real Estate, Trusts, Traffic, Workers' Compensation

Status: In Good Standing Licensed: 49 Years

CONTACT

416 S Monroe Ave, Green Bay, WI 54301

800-923-0641

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LEGAL TERMS

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

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.

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.

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.

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.

FUNDING A TRUST

Transferring ownership of property to a 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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Keshena Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Alf Langan

Philip R. Brehm

James E. Aschenbrener

Robert N. Forseth

Gregory John Babcock

Ryan David Krumrie

Thomas J. Parins

Thomas J. Parins

George Burnett

Tom F Galloway

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LEGAL TERMS

IN TERROREM

LIFE BENEFICIARY

HEIR AT LAW

POUR-OVER WILL

NONPROBATE

SPENDTHRIFT TRUST

LAPSE

FUNDING A TRUST

PROBATE

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