Richland County, WI Estate Planning Lawyers, page 2

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Abraham Michelson
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203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
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Includes: Gift Taxation

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

Benjamin Southwick

Eminent Domain

Status: In Good Standing Licensed: 57 Years

CONTACT

130 W Court St, Richland Center, WI 53581

James J. Robb

Estate, Real Estate

Status: In Good Standing Licensed: 51 Years

CONTACT

274 N Central Ave, Richland Center, WI 53581

William Andrew Sharp

General Practice

Status: In Good Standing Licensed: 37 Years

CONTACT

181 W Seminary St, Richland Center, WI 53581

John L. Conlon

General Practice

Status: In Good Standing Licensed: 16 Years

CONTACT

181 W Seminary St, Richland Center, WI 53581

Peter K. Lawrence

Estate, Criminal

Status: In Good Standing Licensed: 51 Years

CONTACT

795 E Second St, Richland Center, WI 53581

Alicia Breininger

General Practice

Status: In Good Standing Licensed: 16 Years

CONTACT

715 S Cairns Ave, Richland Center, WI 53581

Sharon A. Drew

Divorce, Criminal

Status: In Good Standing Licensed: 37 Years

CONTACT

Viola, WI 54664

Adrian Wayne Longacre

Motor Vehicle, DUI-DWI, Criminal

Status: In Good Standing Licensed: 20 Years

CONTACT

13622 Ames Drive, Viola, WI 54664

800-923-0641

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LEGAL TERMS

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

CURATOR

See conservator.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

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.

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.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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Richland County, WI Estate Planning Lawyers, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Benjamin Southwick

James J. Robb

William Andrew Sharp

John L. Conlon

Peter K. Lawrence

Alicia Breininger

Sharon A. Drew

Adrian Wayne Longacre

TIPS

LEGAL TERMS

PRETERMITTED HEIR

GENERATION-SKIPPING TRUST

CURATOR

ALTERNATE BENEFICIARY

TRUSTEE

RESIDUARY ESTATE

ANCILLARY PROBATE

LIFE BENEFICIARY

AUGMENTED ESTATE

SAMPLE LEGAL CASES

Tensfeldt v. Haberman

IN THE ESTATE OF DERZON

IN RE THE ESTATE OF HECK

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