Chicago Immigration Lawyer, Illinois
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Chicago, IL 60604
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Chicago, IL 60659
Legal Term Highlighted
fraternal benefit society benefits: These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.