Amherst Junction Estate 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.
3. Practice AreasServices
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Alfonso Jose Borgen

Family Law, Estate Planning, Other

Status: In Good Standing Licensed: 9 Years

CONTACT

Stevens Point, WI 54481

Daniella Mogg

Trusts, Civil Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

Stevens Point, WI 54481

David A. Ray

Landlord-Tenant, Traffic, Lawsuit & Dispute, Estate

Status: In Good Standing

CONTACT

2900 Hoover Rd, Stevens Point, WI 54481

Heather M. Huebner

Real Estate, Estate, Business

Status: In Good Standing

CONTACT

1257 Main St, Stevens Point, WI 54481

James A. Kearney

Real Estate, Estate, Criminal, Accident & Injury

Status: In Good Standing Licensed: 43 Years

CONTACT

675 Deerwood Ave, Waupaca, WI 54981

Mark S. Henkel

Traffic, Lawsuit & Dispute, Wills & Probate, Employment

Status: In Good Standing

CONTACT

3133 Church St, Stevens Point, WI 54481

Mark W. Morrow

Estate, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: In Good Standing Licensed: 45 Years

CONTACT

202 E Union St, Waupaca, WI 54981

Mark W Morrow

Estate, Divorce & Family Law, Criminal, Bankruptcy & Debt

Status: Suspended Licensed: 45 Years

CONTACT

202 E Union St, Waupaca, WI 54981

Michael J. Lauterbach

Power of Attorney, Litigation, Estate Planning, Civil & Human Rights, Business

Status: In Good Standing Licensed: 18 Years

CONTACT

2417A Post Road, Stevens Point, WI 54481

Stanton E. Thomas

Real Estate, Estate, Business

Status: In Good Standing Licensed: 35 Years

CONTACT

106 Mcdill Ave, Plover, WI 54467

800-923-0641

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LEGAL TERMS

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

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.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

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.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

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).

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.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

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Amherst Junction Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Alfonso Jose Borgen

Daniella Mogg

David A. Ray

Heather M. Huebner

James A. Kearney

Mark S. Henkel

Mark W. Morrow

Mark W Morrow

Michael J. Lauterbach

Stanton E. Thomas

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LEGAL TERMS

WARRANTY DEED

INHERITANCE TAXES

FAILURE OF ISSUE

PROPERTY CONTROL TRUST

SPENDTHRIFT TRUST

TRUSTEE POWERS

PER CAPITA

REAL ESTATE AGENT

ACCUMULATION TRUST

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