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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
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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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Carol Grob

Real Estate, Business, Estate, Business Organization

Status: In Good Standing

CONTACT

6300 University Avenue, Middleton, WI 53562

Marsha L. Tesar

Real Estate, Litigation, Estate, Civil & Human Rights

Status: In Good Standing

CONTACT

200 S Main St, Deforest, WI 53532

Deborah R. Jenkin

Gift Taxation

Status: In Good Standing

CONTACT

1902 Innsbrooke Dr, Sun Prairie, WI 53590

Andrew H. Morgan

Estate, Employment, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 33 Years

CONTACT

529 Ontario Ave, Sheboygan, WI 53081

Linda M Graham

Estate, Business

Status: In Good Standing Licensed: 31 Years

CONTACT

1223 W Main St, Sun Prairie, WI 53590

Donna D-H Kuehn

Real Estate, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 43 Years

CONTACT

Waunakee, WI 53597

John David Zwolanek

Nursing Home, Estate, Accident & Injury

Status: In Good Standing Licensed: 29 Years

CONTACT

Waunakee, WI 53597

James R. Cripe

Real Estate, Estate, Divorce & Family Law, Civil & Human Rights

Status: In Good Standing Licensed: 63 Years

CONTACT

100 S Main St, Janesville, WI 53545

Paul A. Croake

Landlord-Tenant, International, Estate, Child Custody

Status: In Good Standing Licensed: 53 Years

CONTACT

2 E Mifflin St, Madison, WI 53703

Colleen J. Martine

Divorce & Family Law, Estate

Status: In Good Standing Licensed: 35 Years

CONTACT

3543 E Washington Ave, Madison, WI 53707

800-923-0641

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LEGAL TERMS

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

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.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

CREDIT SHELTER TRUST

See AB trust.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

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.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

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Deforest Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Carol Grob

Marsha L. Tesar

Deborah R. Jenkin

Andrew H. Morgan

Linda M Graham

Donna D-H Kuehn

John David Zwolanek

James R. Cripe

Paul A. Croake

Colleen J. Martine

TIPS

LEGAL TERMS

SPECIFIC BEQUEST

TAKING AGAINST THE WILL

LAPSE

CREDIT SHELTER TRUST

SPECIAL ADMINISTRATOR

NONPROBATE

CHARITABLE TRUST

SELF-PROVING WILL

TRUST DEED

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