Oconomowoc Estate Lawyer, Wisconsin

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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
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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
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Rex Brian Beatty

Income Tax, Corporate Tax, Tax, Gift Taxation

Status: In Good Standing Licensed: 45 Years

CONTACT

397 N5966 Autumn Wood, Oconomowoc, WI 53066

John Allen Caucutt

Real Estate, Estate, Family Law, Child Custody

Status: In Good Standing Licensed: 29 Years

CONTACT

105 E Wisconsin Ave, Oconomowoc, WI 53066

Susan Herro

Estate, Juvenile Law, Guardianships & Conservatorships, Adoption

Status: In Good Standing Licensed: 39 Years

CONTACT

156 E Wisconsin Ave, Oconomowoc, WI 53066

G William Chapman

Estate

Status: Inactive Licensed: 68 Years

CONTACT

156 E Wisconsin Ave, Oconomowoc, WI 53066

Charles J. Herro

Real Estate, Estate Planning, Corporate, Wills & Probate

Status: Inactive Licensed: 75 Years

CONTACT

156 E Wisconsin Ave, Oconomowoc, WI 53066

Ian Mcmillan

Estate Planning, Civil Rights

Status: In Good Standing Licensed: 59 Years

CONTACT

37909 Valley Rd, Oconomowoc, WI 53066

Joe Hentz

Divorce & Family Law, Estate, Real Estate

Status: In Good Standing Licensed: 11 Years

CONTACT

1300 Summit Ave, Oconomowoc, WI 53066

Robert C. Hultquist

Commercial Real Estate, Trusts, Elder Law, Business

Status: In Good Standing Licensed: 67 Years

CONTACT

N52 W35495 Lake Dr, Oconomowoc, WI 53066

800-923-0641

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LEGAL TERMS

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

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.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

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.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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.'

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Oconomowoc Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Rex Brian Beatty

John Allen Caucutt

Susan Herro

G William Chapman

Charles J. Herro

Ian Mcmillan

Joe Hentz

Robert C. Hultquist

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LEGAL TERMS

RESIDUARY ESTATE

DISCHARGE (OF PROBATE ADMINISTRATOR)

LETTERS TESTAMENTARY

WARRANTY DEED

DISINHERIT

TESTAMENTARY TRUST

TRUSTEE

FAILURE OF ISSUE

BEQUEATH

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