Sturgeon Bay Estate Planning 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.
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Includes: Gift Taxation

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.

FREE CONSULTATION

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

Brian A. Krause

Estate Planning, Workers' Compensation, Divorce, Personal Injury

Status: In Good Standing Licensed: 15 Years

CONTACT

51 Park Pl, Appleton, WI 54914

Gary J. Krawczyk

Estate Planning, Family Law, Misdemeanor, DUI-DWI

Status: In Good Standing Licensed: 49 Years

CONTACT

16535 W Bluemound Rd, Brookfield, WI 53005

Alvin H. Kriger

Real Estate Other, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 57 Years

CONTACT

150 N Sunny Slope Rd, Brookfield, WI 53005

Bernard U. Roels

Personal Injury, Commercial Real Estate, Estate Planning, Wills & Probate

Status: In Good Standing Licensed: 65 Years

CONTACT

515 George St, De Pere, WI 54115

C David Stellpflug

Estate Planning, Guardianships & Conservatorships, Elder Law, Corporate

Status: Inactive

CONTACT

444 Reid Street, De Pere, WI 54115

Nathan P. Hochrein

Immigration, Estate Planning

Status: In Good Standing

CONTACT

1041 Main Ave, De Pere, WI 54115

Gerard F. Kuchler

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

Status: In Good Standing Licensed: 51 Years

CONTACT

S102 W34604 Lower Clark Park Rd, Eagle, WI 53119

John V. Kitzke

Real Estate, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 52 Years

CONTACT

101 Falls Rd, Grafton, WI 53024

800-923-0641

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LEGAL TERMS

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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.

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.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

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.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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Sturgeon Bay Estate Planning Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Alf Langan

Philip R. Brehm

Brian A. Krause

Gary J. Krawczyk

Alvin H. Kriger

Bernard U. Roels

C David Stellpflug

Nathan P. Hochrein

Gerard F. Kuchler

John V. Kitzke

TIPS

LEGAL TERMS

POWER OF APPOINTMENT

GRANTOR RETAINED INCOME TRUST

BANKRUPTCY ESTATE

EXECUTOR

WILL

RESIDUARY BENEFICIARY

SPRINKLING TRUST

REAL ESTATE AGENT

GENERATION-SKIPPING TRANSFER TAX

SAMPLE LEGAL CASES

Tensfeldt v. Haberman

IN THE ESTATE OF DERZON

IN RE THE ESTATE OF HECK

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