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John Lynch
About | Practice Areas
Lynch Law, LLC
300 E 5th Ave Suite 360 Naperville, IL 60563» view map
Estate Law
A Family Approach To Law

Legal matters should only be dealt with by people you trust. Who can you rely on more than people who treat you like family? Trust us to help you today.

800-952-9511
1. John Lynch Naperville, IL
  Attorney at Law- IL, 1998
  Shepard Broad Law Center, J.D. 1998
2. AboutLynch Law, LLC
  A Family Approach To Law
3. Practice AreasExpertise
  Estate Law
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Patricia Tymony Gruber

Estate, Estate Planning, Trusts, Wills & Probate

Status: In Good Standing Licensed: 32 Years

CONTACT

8380 Old Ridge Rd, Plainfield, IL 60544

Thomas J. Streit

Real Estate, Estate, Wills & Probate, Trusts, Corporate

Status: In Good Standing Licensed: 59 Years

CONTACT

1999 W. Downer Pl., Aurora, IL 60506

Daniel Allen Reed

International Tax, Trusts, Estate Planning, Transactions

Status: In Good Standing Licensed: 41 Years

CONTACT

1961 W Downer Pl, Aurora, IL 60506

Gerald Hodge

Personal Injury, Trusts, Wills & Probate, Personal Injury, Motor Vehicle

Status: In Good Standing

CONTACT

2114 Deerpath Road, Aurora, IL 60506

Francis G. Bichl

Elder Law, Trusts

Status: In Good Standing Licensed: 58 Years

CONTACT

15207 Freedom Way, Plainfield, IL 60544

Diane Yohnka Jorstad

Real Estate, Trusts

Status: In Good Standing

CONTACT

105 W Main St, Morris, IL 60450

Donald E. Norton

Elder Law, Trusts, Federal, Business

Status: In Good Standing Licensed: 65 Years

CONTACT

502 S Ottawa St, Earlville, IL 60518

Misti H. Floyd

Trusts, Residential Real Estate, Estate Planning, Estate Administration

Status: In Good Standing Licensed: 22 Years

CONTACT

2600 Oak St, Elburn, IL 60174

James Stephen Nowak

Trusts, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 8 Years

CONTACT

1444 N Farnsworth Ave, Aurora, IL 60505

Mark Shea

Real Estate, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 29 Years

CONTACT

75 Executive Dr, Aurora, IL 60504

800-923-0641

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LEGAL TERMS

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

SAMPLE LEGAL CASES

In re Estate of Feinberg

... 534, 891 NE2d 549. In reaching this conclusion, the appellate court relied on decisions of this court dating back as far as 1898 and, as noted, on the Restatement (Third) of Trusts. ISSUE PRESENTED. ... Applicability of Restatement (Third) of Trusts. ...

In re Estate of Feinberg

... Max FEINBERG, Deceased (Leila R. Taylor, as Independent Coexecutor of the Will of Max Feinberg, Deceased, Plaintiff-Appellant, v. Michael B. Feinberg, Individually and as Coexecutor of the Will of Max Feinberg, Deceased; Fifth Third Bank, as Trustee under the Trusts of Max ...

Laubner v. JP Morgan Chase Bank, NA

... 747 Justice COOK delivered the opinion of the court: On October 31, 2007, plaintiffs Patricia A. Laubner and Pamela A. Larson filed an amended petition to remove codefendant Deborah B. Alley as trustee and to modify the distributions being made from the trusts. ...

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Millbrook Trusts Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Patricia Tymony Gruber

Thomas J. Streit

Daniel Allen Reed

Gerald Hodge

Francis G. Bichl

Diane Yohnka Jorstad

Donald E. Norton

Misti H. Floyd

James Stephen Nowak

Mark Shea

TIPS

LEGAL TERMS

TAKING AGAINST THE WILL

ANCILLARY PROBATE

ESTATE PLANNING

TRUSTEE

PER CAPITA

AUGMENTED ESTATE

EXECUTOR

GENERATION-SKIPPING TRANSFER TAX

WARRANTY DEED

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

Laubner v. JP Morgan Chase Bank, NA

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