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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.
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Don R. Herrling

Wills & Probate, Estate Planning, Family Law, Elder Law

Status: In Good Standing

FREE CONSULTATION

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800 N. Lynndale Drive, Appleton, WI 54914

Roger W. Clark

Personal Injury, Divorce & Family Law, Estate Planning, Business

Status: In Good Standing

FREE CONSULTATION

CONTACT

800 N. Lynndale Drive, Appleton, WI 54914

Michael R. McCanna

Arbitration, Corporate, Environmental Law, Estate Planning

Status: In Good Standing

CONTACT

47 Park Place, Appleton, WI 54912

James E. Aschenbrener

Estate Planning, Wills & Probate, Real Estate, Business, Elder Law

Status: In Good Standing Licensed: 36 Years

CONTACT

110 S Main St, Shawano, WI 54166

Robert N. Forseth

Real Estate, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 12 Years

CONTACT

308 Saint Johns Pl, New London, WI 54961

Steven D. Shambeau

Commercial Real Estate, Corporate, Family Law, Estate Planning

Status: In Good Standing Licensed: 50 Years

CONTACT

204 S Main St, Waupaca, WI 54981

Robert E. Sorenson

Real Estate, Trusts, Estate, Business

Status: In Good Standing

CONTACT

223 N Pine St, Hortonville, WI 54944

Richard E. Bollenbeck

Estate Planning, Family Law, DUI-DWI, Criminal

Status: In Good Standing Licensed: 40 Years

CONTACT

W6260 Communication Ct, Appleton, WI 54914

Michael R. McCanna

Arbitration, Corporate, Environmental Law, Estate Planning

Status: Inactive Licensed: 50 Years

CONTACT

4 Bittersweet Ct, Appleton, WI 54914

Michael J. Lauterbach

Power of Attorney, Litigation, Estate Planning, Civil & Human Rights, Business

Status: In Good Standing Licensed: 18 Years

CONTACT

2417A Post Road, Stevens Point, WI 54481

800-923-0641

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LEGAL TERMS

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

LIFE BENEFICIARY

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

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.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

TRUSTEE POWERS

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

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

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Caroline Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Don R. Herrling

Roger W. Clark

Michael R. McCanna

James E. Aschenbrener

Robert N. Forseth

Steven D. Shambeau

Robert E. Sorenson

Richard E. Bollenbeck

Michael R. McCanna

Michael J. Lauterbach

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LEGAL TERMS

QTIP TRUST

PROBATE

HEIR AT LAW

LIFE BENEFICIARY

ALTERNATE BENEFICIARY

FAMILY ALLOWANCE

TRUSTEE POWERS

SECONDARY MEANING

DEATH TAXES

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