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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.
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Includes: Estate Administration, Living Wills, Wills

Amanda K. Tisdale

Wills, Estate Planning, Estate, Criminal

Status: In Good Standing Licensed: 17 Years

CONTACT

216 E Blackhawk Ave, Prairie Du Chien, WI 53821

Bernard J. Westfahl

Real Estate, Wills & Probate, Trusts, Business

Status: In Good Standing Licensed: 52 Years

CONTACT

13307 Watertown Plank Rd, Elm Grove, WI 53122

Boyd Gibbons

General Practice

Status: Retired Licensed: 62 Years

CONTACT

5799 Lakeview Rd, Spring Green, WI 53588

Craig P. B. Raysor

Wills & Probate, Natural Resources, Antitrust, Animal Bite

Status: In Good Standing Licensed: 18 Years

CONTACT

1212 Warren St, Baraboo, WI 53913

Deborah J. Skocir

Power of Attorney, Real Estate, Wills & Probate, Estate, Banking & Finance

Status: In Good Standing Licensed: 33 Years

CONTACT

Slinger, WI 53086

Dera L. Johnsen-Tracy

Wills & Probate, Trusts, Estate Planning

Status: In Good Standing

CONTACT

8446 Excelsior Drive, Madison, WI 53717

Donna Ann Weikert

Government, Wills & Probate, Estate, Divorce

Status: In Good Standing Licensed: 37 Years

CONTACT

3302 Bethlehem Rd, Dodgeville, WI 53533

Eric Johnson

Real Estate, Wills & Probate, Estate, Business, Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

111 Oak St, Mauston, WI 53948

Gordon E Stillings

Wills & Probate, Family Law, Child Support, Elder Law

Status: In Good Standing Licensed: 41 Years

CONTACT

251 E Wisconsin Ave, Neenah, WI 54957

Gregory M. Lunde

Commercial Real Estate, Wills, Elder Law

Status: In Good Standing Licensed: 43 Years

CONTACT

210 N Main St, Westby, WI 54667

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.'

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.

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).

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.

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.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

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.

FAMILY POT TRUST

See pot trust.

SAMPLE LEGAL CASES

In re Estate of Sanders

... The orders involved were granted in probate proceedings in the Circuit Court for Waupaca County with Judge Philip M. Kirk, presiding. ... The court of appeals had dismissed Sanders' appeal from that order in regard to the probate of her deceased husband's estate. ...

MATTER OF DISCIPLINARY PROCEEDINGS AGAINST BERLIN

... 7 On April 5, 2005, Attorney McNeely prepared and filed a special administration petition in the DB estate, requesting that the probate court appoint CB as special administrator of DB's ... 12 On June 4, 2005, Attorney McNeely sent correspondence to the probate court that read: ...

IN THE MATTER OF JONES

... In the first client matter, EB retained Attorney Jones in May 2002 to probate her mother's estate. ... Attorney Jones prepared an application for informal administration, an order appointing a guardian ad litem, and domiciliary letters which were filed with the probate court. ...

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Lone Rock Wills & Probate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Amanda K. Tisdale

Bernard J. Westfahl

Boyd Gibbons

Craig P. B. Raysor

Deborah J. Skocir

Dera L. Johnsen-Tracy

Donna Ann Weikert

Eric Johnson

Gordon E Stillings

Gregory M. Lunde

TIPS

LEGAL TERMS

TRUST CORPUS

DOWER AND CURTESY

PER CAPITA

EXECUTOR

BANKRUPTCY ESTATE

GENERATION-SKIPPING TRUST

HEIR AT LAW

ABATEMENT

FAMILY POT TRUST

SAMPLE LEGAL CASES

In re Estate of Sanders

MATTER OF DISCIPLINARY PROCEEDINGS AGAINST BERLIN

IN THE MATTER OF JONES

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