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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
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Susan H. Schleisner

Estate, Divorce & Family Law, Civil & Human Rights, Business

Status: In Good Standing Licensed: 34 Years

CONTACT

104 Washington St, Elkhart Lake, WI 53020

Dorothy Frances Henson

Energy, Trusts, Estate, Administrative Law

Status: Inactive Licensed: 46 Years

CONTACT

9207 N Lake Dr, Manitowoc, WI 54220

John M. Cashman

Estate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 50 Years

CONTACT

1509 Torrison Drive, Manitowoc, WI 54220

Lawrence V. Salutz

Estate Planning, Commercial Real Estate, Wills & Probate

Status: In Good Standing Licensed: 71 Years

CONTACT

823 Marshall St, Manitowoc, WI 54221

Trent R. Nelson

Business, Real Estate, Estate, Business

Status: In Good Standing Licensed: 18 Years

CONTACT

927 S 8Th St, Manitowoc, WI 54220

John P. Buran

Real Estate, Immigration, Estate, Divorce & Family Law, Landlord-Tenant

Status: In Good Standing Licensed: 34 Years

CONTACT

1115 S Ninth St, Manitowoc, WI 54220

Terence P. Fox

Estate, Real Estate, Corporate

Status: In Good Standing Licensed: 40 Years

CONTACT

927A S 8Th St, Manitowoc, WI 54221

Jeffrey P. Patterson

Landlord-Tenant, Real Estate, Estate

Status: In Good Standing Licensed: 43 Years

CONTACT

812 E State St, Manitowoc, WI 54220

Robert H. Halvorsen

Family Law, Estate Planning, Wills & Probate, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

2115 South Taylor Drive, Sheboygan, WI 53081

Eric C. Duncan

Commercial Real Estate, Estate Planning, Guardianships & Conservatorships

Status: In Good Standing Licensed: 35 Years

CONTACT

416 George St, Sheboygan, WI 53081

800-923-0641

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LEGAL TERMS

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

LIFE BENEFICIARY

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

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.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

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.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

CREDIT SHELTER TRUST

See AB trust.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

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Kiel Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Susan H. Schleisner

Dorothy Frances Henson

John M. Cashman

Lawrence V. Salutz

Trent R. Nelson

John P. Buran

Terence P. Fox

Jeffrey P. Patterson

Robert H. Halvorsen

Eric C. Duncan

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LEGAL TERMS

TRUST CORPUS

LIFE BENEFICIARY

DOWER AND CURTESY

CONTINGENT BENEFICIARY

LETTERS TESTAMENTARY

BANKRUPTCY ESTATE

QTIP TRUST

CREDIT SHELTER TRUST

GRANT DEED

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