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Abraham Michelson
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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
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Andrew Wagener

Accident & Injury, Estate, Business

Status: In Good Standing

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W6260 Communication Court, Appleton, WI 54914

Richard E. Bollenbeck

Estate Planning, Family Law, DUI-DWI, Criminal

Status: In Good Standing Licensed: 40 Years

CONTACT

W6260 Communication Ct, Appleton, WI 54914

Robert James Domol

Estate, Criminal, Bankruptcy, Personal Injury, Accident & Injury

Status: In Good Standing

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3945 West College Avenue, Appleton, WI 54914

Carlton H. Schuh

Health Care, Estate, Criminal, Accident & Injury

Status: In Good Standing Licensed: 33 Years

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W5923 Wege Rd, Black Creek, WI 54106

800-923-0641

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LEGAL TERMS

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

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.

NET ESTATE

The value of all property owned at death less liabilities or debts.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

CERTIFICATION OF TRUST

See abstract of trust.

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.

MARITAL LIFE ESTATE TRUST

See AB trust.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

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Greenville Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Andrew Wagener

Richard E. Bollenbeck

Robert James Domol

Carlton H. Schuh

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LEGAL TERMS

STATUTORY SHARE

TRUST DEED

NET ESTATE

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

PREDECEASED SPOUSE

CERTIFICATION OF TRUST

EXEMPTION TRUST

MARITAL LIFE ESTATE TRUST

SPRINKLING TRUST

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