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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
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Thomas S. Vercauteren Lawyer

Thomas S. Vercauteren

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Estate, Wills & Probate

Tom Vercauteren came to Hurley, Burish, S.C. after five years in trust and estate administration. His experience on the administrative side helps him ... (more)

33 East Main Street, Madison, WI 53701

Emily Dudak Taylor

Family Law, Civil Rights, Wills, Trusts

Status: In Good Standing

450 S Yellowstone Drive, Madison, WI 53719

Holly J. Slota

Wills, Collaborative Law, Family Law, Divorce

Status: In Good Standing

131 West Wilson Street, Madison, WI 53703

Christopher S. Krimmer

Wills, Family Law, Divorce, Civil Rights

Status: In Good Standing

131 West Wilson Street, Madison, WI 53703

Lawrence E. Bechler

Land Use & Zoning, Real Estate, Wills & Probate, Estate Planning

Status: In Good Standing

33 East Main Street, Madison, WI 53703

William F. Mundt

Wills & Probate, Business Organization, Estate Planning, Employment

Status: In Good Standing

33 East Main Street, Madison, WI 53703

Richard W. Pitzner

Wills & Probate, Trusts, Family Law, Corporate

Status: In Good Standing

33 East Main Street, Madison, WI 53703

Stephen R. Tumbush

Landlord-Tenant, Trusts, Merger & Acquisition, Contract

Status: In Good Standing

33 East Main Street, Madison, WI 53703

Bryan D. Woods

Corporate, Litigation, Wills & Probate, Real Estate

Status: In Good Standing

33 East Main Street, Madison, WI 53703

Eve E. Dennison Pollock

Family Law, Banking & Finance, Wills & Probate, Government Agencies

Status: In Good Standing

110 E. Main St., Madison, WI 53703

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LEGAL TERMS

FAMILY POT TRUST

See pot trust.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

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.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

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.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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