Taylor Ridge Estate Planning Lawyer, Illinois


Includes: Gift Taxation

Philip Edwin Koenig Lawyer

Philip Edwin Koenig

VERIFIED
Estate, Estate Planning, Lawsuit & Dispute, Real Estate, Tax

From his law offices in Rock Island, Illinois, estate and trust attorney Philip E. Koenig counsels individuals and businesses from the Quad Cities are... (more)

Kenneth M. Collinson

Real Estate, Wills & Probate, Trusts, Estate Planning
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Robert G Scott

Estate Planning, Wills & Probate, Real Estate, Trusts
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Pamela M. Anderson

Business Organization, Estate Planning, Wills & Probate, Real Estate
Status:  In Good Standing           

John Aaron Singer

Commercial Real Estate, Estate Planning, Employment, Divorce & Family Law
Status:  In Good Standing           

Charles Marsh

Commercial Real Estate, Estate Planning, Workers' Compensation, Personal Injury
Status:  In Good Standing           Licensed:  46 Years

Charles Stephan Marsh

Commercial Real Estate, Estate Planning, Workers' Compensation, Personal Injury
Status:  In Good Standing           Licensed:  46 Years

Peter Henry Wessels

Trusts, Estate Planning, Employee Rights, Corporate
Status:  In Good Standing           Licensed:  48 Years

Pete Wessels

Real Estate, Government, Estate Planning, Estate
Status:  In Good Standing           Licensed:  48 Years

Clark Miljush

General Practice
Status:  In Good Standing           Licensed:  13 Years

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Free Help: Use This Form or Call 800-943-8690

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800-943-8690

Free Help: Use This Form or Call 800-943-8690

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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Easily find Taylor Ridge Estate Planning Lawyers and Taylor Ridge Estate Planning Law Firms. For more attorneys, search all Estate areas including Trusts, Wills & Probate and Power of Attorney attorneys.

LEGAL TERMS

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)
A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

SURROGATE COURT

See probate court.

WARRANTY DEED

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

TESTAMENTARY TRUST

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

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.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)
Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

SAMPLE LEGAL CASES

Dunn v. Patterson

... for them. The circuit court of Will County entered judgment on the pleadings, finding, as a matter of law, that provisions in certain estate planning documents prepared by defendant were contrary to public policy and void. The ...

Fitch v. McDermott, Will and Emery, LLP

... Around the same time, defendants Joseph Dietrich and John Dietrich (hereafter the Dietrichs), both certified public accountants, provided financial and accounting services for estate planning purposes to Victoria and her husband, plaintiff Thomas Fitch. ...

In re Estate of Henry

... Accordingly, the estate petitioned the court to allow the estate to execute estate planning documents for Henry which, it contended, were consistent with his known wishes and which would be "free from the taint of the undue influence and fraud which was assembled upon the ...