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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

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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.'

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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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

DISCHARGE (OF PROBATE ADMINISTRATOR)

KINDRED

SPENDTHRIFT TRUST

INTESTATE

AUGMENTED ESTATE

BEQUEATH

EXEMPTION TRUST

NONPROBATE

IN TERROREM

SAMPLE LEGAL CASES

Tensfeldt v. Haberman

IN THE ESTATE OF DERZON

IN RE THE ESTATE OF HECK

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