Iron County, WI Estate Planning Lawyers

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Abraham Michelson
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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Includes: Gift Taxation

Not enough matches for Iron Estate Planning lawyer.
Below are all Iron lawyers.

Anthony John Stella

Criminal, Civil Rights, Animal Bite

Status: In Good Standing Licensed: 39 Years

CONTACT

13545N County Road D, Hurley, WI 54534

Francis J. Fassino

General Practice

Status: In Good Standing Licensed: 72 Years

CONTACT

Mercer, WI 54547

Francis J. Fassino

General Practice

Status: Inactive Licensed: 72 Years

CONTACT

2576 W Fassino Rd, Mercer, WI 54547

Frederick John Schellgell

Education, DUI-DWI

Status: In Good Standing Licensed: 39 Years

CONTACT

2694 Hwy County, Mercer, WI 54547

Jack T. Jacobs

General Practice

Status: In Good Standing Licensed: 69 Years

CONTACT

5659 N E Echo Lake Rd, Mercer, WI 54547

Jodie L. Bednar

DUI-DWI, Divorce

Status: In Good Standing Licensed: 37 Years

CONTACT

Mercer, WI 54547

Martin J. Lipske

General Practice

Status: In Good Standing Licensed: 45 Years

CONTACT

13591 N County Rd D, Hurley, WI 54534

Micah A. Zeitler

General Practice

Status: In Good Standing Licensed: 16 Years

CONTACT

5076 N Stafford Point Road, Mercer, WI 54547

Patrick J. Madden

General Practice

Status: In Good Standing Licensed: 48 Years

CONTACT

300 Taconite St, Hurley, WI 54534

Paul A. Sturgul

Estate, Government

Status: In Good Standing Licensed: 51 Years

CONTACT

504 Poplar Street, Hurley, WI 54534

800-923-0641

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LEGAL TERMS

SURROGATE COURT

See probate court.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

NET ESTATE

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

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

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.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

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Iron County, WI Estate Planning Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Anthony John Stella

Francis J. Fassino

Francis J. Fassino

Frederick John Schellgell

Jack T. Jacobs

Jodie L. Bednar

Martin J. Lipske

Micah A. Zeitler

Patrick J. Madden

Paul A. Sturgul

TIPS

LEGAL TERMS

SURROGATE COURT

ADEMPTION

NET ESTATE

SWEARING MATCH

AB TRUST

GRANTOR RETAINED INCOME TRUST

DOWER AND CURTESY

PUBLIC ADMINISTRATOR

DISINHERIT

SAMPLE LEGAL CASES

Tensfeldt v. Haberman

IN THE ESTATE OF DERZON

IN RE THE ESTATE OF HECK

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