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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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Scott A. Kissinger

Estate Planning

Status:

CONTACT

703 5th Avenue, Eau Claire, WI 54702

Janet M. McDonough

Bankruptcy & Debt, Divorce & Family Law, Estate

Status: Licensed: 29 Years

CONTACT

103 North Bridge Street, Chippewa Falls, WI 54729

Carol Dittmar

Estate Planning, Estate, Employment, Accident & Injury

Status: Licensed: 39 Years

CONTACT

24 W Cedar St, Chippewa Falls, WI 54729

Ardis A. Cray

Criminal, Family Law, Estate Planning, Bankruptcy

Status: Licensed: 48 Years

CONTACT

12259 65Th Ave, Chippewa Falls, WI 54729

Vanessa Klemish

Litigation, Lawsuit & Dispute, Estate, Business

Status: Licensed: 15 Years

CONTACT

826 South Hastings Way, Eau Claire, WI 54701

Mary Beth Gardner

Real Estate, Trusts, Elder Law, Family Law

Status: Licensed: 35 Years

CONTACT

2411 N Hillcrest Pkwy, Altoona, WI 54720

Sarah M. Donnellan

Divorce & Family Law, Accident & Injury, Estate, Social Security -- Disability

Status: Licensed: 22 Years

CONTACT

306 S Barstow St, Eau Claire, WI 54701

Raymond K. Hughes

Tax, Real Estate, Estate, Employment, Divorce & Family Law

Status: Licensed: 33 Years

CONTACT

130 S Barstow St, Eau Claire, WI 54701

Robert L. Oesterreicher

Business, Real Estate, Estate Planning

Status: Licensed: 50 Years

CONTACT

Eau Claire, WI 54702

Michael D. Shiffler

Real Estate, Litigation, Estate Planning, Business, Bankruptcy

Status: Licensed: 26 Years

CONTACT

128 W Division St, Medford, WI 54451

800-814-6700

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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.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

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.

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.

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.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

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.

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Boyd Estate Lawyer, Wisconsin

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Scott A. Kissinger

Janet M. McDonough

Carol Dittmar

Ardis A. Cray

Vanessa Klemish

Mary Beth Gardner

Sarah M. Donnellan

Raymond K. Hughes

Robert L. Oesterreicher

Michael D. Shiffler

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LEGAL TERMS

INVESTOR

BYPASS TRUST

PUBLIC ADMINISTRATOR

TESTAMENTARY TRUST

ALTERNATE BENEFICIARY

EXEMPTION TRUST

DISTRIBUTEE

ACCUMULATION TRUST

OFFICER

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