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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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Includes: Gift Taxation

Angela M. Frozena

Estate, Wills, Estate Planning, Estate Administration, Trusts

Attorney Angela Frozena brings 15 years of diverse experience to serve the people of Kenosha County and eastern Wisconsin. A native of northeastern... (more)

CONTACT

262-237-8668

6633 Green Bay Road, Suite 4, Kenosha, WI 53142

Anton B. Nickolai

Estate Planning, Estate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

308 Milwaukee Ave, Burlington, WI 53105

Jordana E. Thomadsen

Estate, Estate Planning, Employee Rights, Insurance

Status: In Good Standing

CONTACT

10411 Corporate Dr, Pleasant Prairie, WI 53158

Donald Gordon Olsen

International Tax, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 33 Years

CONTACT

10411 Corporate Dr, Pleasant Prairie, WI 53158

Patrick Demoon

Landlord-Tenant, Estate Planning, Business, Bankruptcy

Status: In Good Standing

CONTACT

500 Commercial Court, Lake Geneva, WI 53147

David R. Berman

Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 31 Years

CONTACT

1119 60Th St, Kenosha, WI 53140

Philip Zabkowicz Trampe

Traffic, Estate Planning, Divorce, Personal Injury

Status: In Good Standing Licensed: 14 Years

CONTACT

913 Main St, Racine, WI 53403

Amber M. Ragonese

Traffic, Estate Planning, Divorce, Personal Injury

Status: In Good Standing Licensed: 10 Years

CONTACT

913 Main St, Racine, WI 53403

Garrett B. Bickford

Estate Planning, Environmental Law Other, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 7 Years

CONTACT

777 E Wisconsin Ave, Racine, WI 53403

Rebecca Mason

Estate Planning, Trusts, Wills & Probate, Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

840 Lake Ave, Racine, WI 53403

800-923-0641

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LEGAL TERMS

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.

MARITAL LIFE ESTATE TRUST

See AB trust.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

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.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

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Trevor Estate Planning Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Angela M. Frozena

Anton B. Nickolai

Jordana E. Thomadsen

Donald Gordon Olsen

Patrick Demoon

David R. Berman

Philip Zabkowicz Trampe

Amber M. Ragonese

Garrett B. Bickford

Rebecca Mason

TIPS

LEGAL TERMS

LETTERS TESTAMENTARY

MARITAL LIFE ESTATE TRUST

GRANTOR

GROSS ESTATE

INVENTORY

PERSONAL PROPERTY

FAMILY ALLOWANCE

ABATEMENT

LIVING TRUST

SAMPLE LEGAL CASES

Tensfeldt v. Haberman

IN THE ESTATE OF DERZON

IN RE THE ESTATE OF HECK

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