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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
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800-824-6431
1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Includes: Gift Taxation

Paul Bucher

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Accident & Injury, Criminal, Juvenile Law, Estate Planning, Trusts

Over 100 years of combined experience at firm.

Mr. Bucher has been practicing law in Wisconsin since 1981. His area of practice includes complex litigation, criminal defense, personal injury, gover... (more)

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262-232-6699

711 W. Moreland Blvd, Waukesha, WI 53188

Peter M. Wolff

Criminal, Divorce & Family Law, Juvenile Law, DUI-DWI, Estate Planning

We Fight For The Rights Of Our Clients

Attorney Peter M. Wolff is a managing partner at Bucher, Wolff & Sonderhouse, LLP that focuses on criminal defense and family law. Before Peter was a ... (more)

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262-232-6699

711 W. Moreland Blvd. Suite 100, Waukesha, WI 53188

Elizabeth Ruthmansdorfer

Wills & Probate, Corporate, Estate Planning, Real Estate

Status: In Good Standing

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One Plaza East, 330 East Kilbourn Avenue, Milwaukee, WI 53202

Robert L. Wilkins

Wills & Probate, Trusts, Business Organization, Estate Planning

Status: In Good Standing

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One Plaza East, 330 East Kilbourn Avenue, Milwaukee, WI 53202

Tamara N. Jackson

Estate Planning, Family Law, Elder Law, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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2200 N. Mayfair Road, Milwaukee, WI 53226

David A Wanta

Estate Planning, Family Law, Criminal, Personal Injury, Divorce

Status: In Good Standing

FREE CONSULTATION

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14380 West Capitol Drive, Brookfield, WI 53005

Stephen A Hartman

Real Estate, Wills & Probate, Estate Planning, Business Organization

Status: In Good Standing

FREE CONSULTATION

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14380 West Capitol Drive, Brookfield, WI 53005

Mark C. Young

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

Status: In Good Standing

FREE CONSULTATION

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14380 West Capitol Drive, Brookfield, WI 53005

Robert A. Levine

Real Estate, Estate Planning, Family Law, Personal Injury

Status: In Good Standing

FREE CONSULTATION

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111 East Wisconsin Avenue, Milwaukee, WI 53202

Denis J. Regan

Real Estate, Estate Planning, Corporate, Personal Injury

Status: In Good Standing Licensed: 43 Years

CONTACT

330 E Kilbourn Ave, Milwaukee, WI 53202

800-923-0641

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LEGAL TERMS

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

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.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

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.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

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Milwaukee Estate Planning Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Paul Bucher

Peter M. Wolff

Elizabeth Ruthmansdorfer

Robert L. Wilkins

Tamara N. Jackson

David A Wanta

Stephen A Hartman

Mark C. Young

Robert A. Levine

Denis J. Regan

TIPS

LEGAL TERMS

INHERITANCE TAXES

QTIP TRUST

DISINHERIT

TRUST DEED

PROBATE

SUMMARY PROBATE

ESTATE PLANNING

BEQUEATH

ALTERNATE BENEFICIARY

SAMPLE LEGAL CASES

Tensfeldt v. Haberman

IN THE ESTATE OF DERZON

IN RE THE ESTATE OF HECK

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