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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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D. Peter Seguin

Bankruptcy, Corporate, Estate Planning, Wills & Probate, Estate

Status: In Good Standing

CONTACT

110 Second Street, Hudson, WI 54016

Joel D. Schlitz

Criminal, Estate, Lawsuit & Dispute, Real Estate, DUI-DWI

Status: In Good Standing

CONTACT

110 Second Street, Hudson, WI 54016

Gerald L. Liden

Wills & Probate, Commercial Real Estate, Municipal

Status: Inactive Licensed: 65 Years

CONTACT

Barron, WI 54812

Chelsea A. Whitley

Guardianships & Conservatorships, Wills & Probate, Power of Attorney, Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

234 Keller Ave S, Amery, WI 54001

Susan M. Zabel

Real Estate, Trusts

Status: Inactive Licensed: 40 Years

CONTACT

1894 21 1/2 St, Rice Lake, WI 54868

Melissia R. Mogen

Divorce & Family Law, Estate, Business, Real Estate

Status: In Good Standing Licensed: 22 Years

CONTACT

x, Siren, WI 54872

Katherine M. Stewart

Landlord-Tenant, Elder Law, Employment Discrimination, Divorce & Family Law, Estate

Status: In Good Standing Licensed: 43 Years

CONTACT

117 1St St, Spooner, WI 54801

Thomas J. Bitney

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 43 Years

CONTACT

225 Walnut, Spooner, WI 54801

Thomas Bitney

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing Licensed: 43 Years

CONTACT

225 Walnut, Spooner, WI 54801

Paul A. Temanson

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

Status: In Good Standing Licensed: 38 Years

CONTACT

1235 Carson Rd, Spooner, WI 54801

800-923-0641

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LEGAL TERMS

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.'

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

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.

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.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

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.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

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Comstock Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

D. Peter Seguin

Joel D. Schlitz

Gerald L. Liden

Chelsea A. Whitley

Susan M. Zabel

Melissia R. Mogen

Katherine M. Stewart

Thomas J. Bitney

Thomas Bitney

Paul A. Temanson

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LEGAL TERMS

BEQUEATH

DOWER AND CURTESY

INHERITANCE TAXES

GENERATION-SKIPPING TRANSFER TAX

INHERIT

TRUST MERGER

PRETERMITTED HEIR

INVENTORY

PROVING A WILL

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