Willowbrook Estate Planning Lawyer, Illinois, page 2

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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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2. Email
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Includes: Gift Taxation

James Mosteller

Industry Specialties, Estate Planning, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 28 Years

CONTACT

6725 Kingery Hwy, Willowbrook, IL 60527

Richard Holmberg

Estate Planning

Status: In Good Standing Licensed: 28 Years

CONTACT

6725 Kingery Hwy, Willowbrook, IL 60527

Laura Sluis

Estate Planning, Estate, Elder Law

Status: In Good Standing

CONTACT

1023 W 55Th Street, La Grange, IL 60525

Allan C. Alongi

Municipal, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 39 Years

CONTACT

3 Golf Ave, Clarendon Hills, IL 60514

Lynn Graham

Commercial Real Estate, Estate Planning, Estate, Transactions

Status: In Good Standing Licensed: 16 Years

CONTACT

26 Blaine St, Hinsdale, IL 60521

Paul Barr Garver

Estate Planning, Estate, Transactions, Personal Injury

Status: In Good Standing Licensed: 21 Years

CONTACT

26 Blaine St, Hinsdale, IL 60521

Lynn Macas Graham

Real Estate, Estate Planning, Estate, Transactions

Status: In Good Standing Licensed: 16 Years

CONTACT

26 Blaine St, Hinsdale, IL 60521

Paul Garver

Estate Planning, Estate, Transactions, Personal Injury

Status: In Good Standing Licensed: 21 Years

CONTACT

26 Blaine St, Hinsdale, IL 60521

Mary Ann Covone

Litigation, Estate Planning, Business, Slip & Fall Accident, Personal Injury

Status: In Good Standing Licensed: 33 Years

CONTACT

915 W 55Th St, Western Springs, IL 60558

John Hubeny

Traffic, Estate Planning, Criminal, Transactions

Status: In Good Standing Licensed: 43 Years

CONTACT

200 E Chicago Ave, Westmont, IL 60559

800-923-0641

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LEGAL TERMS

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.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

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.

SURROGATE COURT

See probate court.

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).

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

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.

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 ...

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Willowbrook Estate Planning Lawyer, Illinois, page 2

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

James Mosteller

Richard Holmberg

Laura Sluis

Allan C. Alongi

Lynn Graham

Paul Barr Garver

Lynn Macas Graham

Paul Garver

Mary Ann Covone

John Hubeny

TIPS

LEGAL TERMS

TRUSTEE

GRANT DEED

SECONDARY MEANING

SURROGATE COURT

PER CAPITA

INTER VIVOS TRUST

DEATH TAXES

GENERATION-SKIPPING TRUST

ACCUMULATION TRUST

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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