Walworth County, WI Estate Lawyers

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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
Chicago Bankruptcy Lawyer

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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Shannon E Wynn

Foreclosure, Real Estate, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 14 Years

FREE CONSULTATION

CONTACT

772 W Main Street, Lake Geneva, WI 53147

Theodore N. Johnson

Lawsuit & Dispute, Estate, Divorce & Family Law, Car Accident

Status: In Good Standing

CONTACT

354 Seymour Court, Elkhorn, WI 53121

Brent Lee Barringer

Estate Planning, Transactions, Corporate, Business

Status: In Good Standing

CONTACT

710 North St, Lake Geneva, WI 53147

Brent Barringer

Estate Planning, Transactions, Business & Trade, Business, Personal Injury

Status: In Good Standing

CONTACT

710 North St, Lake Geneva, WI 53147

John K. Bartosz

Corporate, Estate Planning, Estate, Gift Taxation

Status: In Good Standing

CONTACT

1624 Hobbs Drive, Delavan, WI 53115

Russell W. Devitt

Lawsuit & Dispute, Estate, Insurance, Slip & Fall Accident, Accident & Injury

Status: In Good Standing Licensed: 52 Years

CONTACT

332 West Whitewater Street, Whitewater, WI 53190

Kimberly Powers

Real Estate, Wills & Probate, Immigration, Estate, Criminal

Status: In Good Standing

CONTACT

647 Main Street, Lake Geneva, WI 53147

Patrick Demoon

Landlord-Tenant, Estate Planning, Business, Bankruptcy

Status: In Good Standing

CONTACT

500 Commercial Court, Lake Geneva, WI 53147

800-923-0641

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LEGAL TERMS

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

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.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

Walworth County, WI Estate Lawyers

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Shannon E Wynn

Theodore N. Johnson

Brent Lee Barringer

Brent Barringer

John K. Bartosz

Russell W. Devitt

Kimberly Powers

Patrick Demoon

TIPS

LEGAL TERMS

OFFICER

STATUTORY SHARE

TRUST DEED

TRUSTEE POWERS

INTESTATE SUCCESSION

SUMMARY PROBATE

TRUSTEE

ABATEMENT

FAMILY POT TRUST

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