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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
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Includes: Gift Taxation

Scott A. Kissinger

Estate Planning

Status: In Good Standing

CONTACT

703 5th Avenue, Eau Claire, WI 54702

Jason G. Brasch

Real Estate, Estate Planning, Business

Status: In Good Standing Licensed: 9 Years

CONTACT

2919 Schneider Ave Se, Eau Claire, WI 54701

Ardis A. Cray

Criminal, Family Law, Estate Planning, Bankruptcy

Status: Inactive Licensed: 48 Years

CONTACT

12259 65Th Ave, Chippewa Falls, WI 54729

Carol Dittmar

Estate Planning, Estate, Employment, Accident & Injury

Status: In Good Standing Licensed: 39 Years

CONTACT

24 W Cedar St, Chippewa Falls, WI 54729

Thomas Bruce Burton

Power of Attorney, Estate Planning, Estate, Elder Law, Business Organization

Status: In Good Standing Licensed: 14 Years

CONTACT

13439 46th Avenue, Chippewa Falls, WI 54729

Robert L. Oesterreicher

Business, Real Estate, Estate Planning

Status: Inactive Licensed: 50 Years

CONTACT

Eau Claire, WI 54702

Raymond James French

Municipal, Wills & Probate, Estate Planning, Credit & Debt

Status: In Good Standing Licensed: 12 Years

CONTACT

3103 Ellis Street, Eau Claire, WI 54701

Brian Franklin Albee

General Practice

Status: Inactive Licensed: 29 Years

CONTACT

1144 70Th Ave, Roberts, WI 54023

800-923-0641

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LEGAL TERMS

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

KINDRED

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

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

SURROGATE COURT

See probate court.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that 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.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

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.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

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Dallas Estate Planning Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Scott A. Kissinger

Jason G. Brasch

Ardis A. Cray

Carol Dittmar

Thomas Bruce Burton

Robert L. Oesterreicher

Raymond James French

Brian Franklin Albee

TIPS

LEGAL TERMS

AB TRUST

KINDRED

BENEFICIARY

SURROGATE COURT

HEIR APPARENT

SPENDTHRIFT TRUST

TAKING AGAINST THE WILL

DISCHARGE (OF PROBATE ADMINISTRATOR)

HOLOGRAPHIC WILL

SAMPLE LEGAL CASES

Tensfeldt v. Haberman

IN THE ESTATE OF DERZON

IN RE THE ESTATE OF HECK

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