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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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Garett T. Pankratz

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Accident & Injury, Business, Estate, Workers' Compensation, Real Estate

Garett joined the firm in 2012 and practices mostly in the area of workers‘ compensation and personal injury. He enjoys hunting, fishing, hiking,... (more)

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CONTACT

608-784-3540

505 King St, La Crosse, WI 54601

Ernest O. Hanson

Estate Planning, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

505 King Street, La Crosse, WI 54602

Sonja Davig Huesmann

Divorce & Family Law, Estate, Accident & Injury, Litigation

Status: In Good Standing Licensed: 30 Years

CONTACT

Johns, Flaherty & Collins, SC, Holmen, WI 54636

Lee J. Fehr

Accident & Injury, Bankruptcy, Estate, Real Estate

Status: In Good Standing Licensed: 35 Years

CONTACT

205 Green Street, Onalaska, WI 54650

Richard W. Schroeder

Corporate, Elder Law, Estate Planning, Wills & Probate

Status: Inactive Licensed: 55 Years

CONTACT

505 King St, La Crosse, WI 54602

Michael C. Ablan

Tax, Estate, Wills & Probate

Status: In Good Standing Licensed: 51 Years

CONTACT

411 King Street, La Crosse, WI 54601

Sarah E. Fortune

Real Estate, Dispute Resolution, Estate, Guardianships & Conservatorships, Criminal

Status: In Good Standing

CONTACT

505 King St, La Crosse, WI 54602

Michael S. Moen

Business, Real Estate, Estate Planning

Status: Inactive Licensed: 47 Years

CONTACT

201 Main St, La Crosse, WI 54601

Heidi Marie Eglash

Wills & Probate, Trusts, Estate Planning, Elder Law

Status: In Good Standing Licensed: 29 Years

CONTACT

1212 Horton Street, La Crosse, WI 54601

Donald J. Harman

Accident & Injury, Criminal, Estate, Lawsuit & Dispute, Medical Malpractice

Status: In Good Standing Licensed: 65 Years

CONTACT

La Crosse, WI 54602

800-923-0641

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LEGAL TERMS

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.

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.

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.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

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.

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

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.

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Trempealeau Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Garett T. Pankratz

Ernest O. Hanson

Sonja Davig Huesmann

Lee J. Fehr

Richard W. Schroeder

Michael C. Ablan

Sarah E. Fortune

Michael S. Moen

Heidi Marie Eglash

Donald J. Harman

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LEGAL TERMS

INVESTOR

INTESTATE SUCCESSION

PROBATE

ESTATE TAXES

SECONDARY MEANING

QDOT TRUST

FUNDING A TRUST

DISTRIBUTEE

FAMILY ALLOWANCE

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