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Aurora Wills & Probate Lawyer, Illinois

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Includes: Estate Administration, Living Wills, Wills

Kevin  Williams Lawyer

Kevin Williams

VERIFIED
Estate, Wills & Probate, Estate Administration, Guardianships & Conservatorships

I am a Kane and DuPage County probate and guardianship attorney. Currently, I serve five counties in the Chicagoland area, namely, Kane, DuPage, Kend... (more)

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(630) 898-4789

John J. Lynch Lawyer

John J. Lynch

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Bankruptcy & Debt, Real Estate, Estate, Estate Administration, Foreclosure

Over 50 Years of Combined Legal Experience! Experienced Illinois Bankruptcy Law AttorneysAre your financial problems forcing you to consider bankru... (more)

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800-952-9511

Cynthia H. Hutchins Lawyer

Cynthia H. Hutchins

Elder Law, Estate Planning, Wills & Probate, Estate, Guardianships & Conservatorships
Dupage County Wills & Trusts Lawyer | Chicago Estate Planning Attorney | Estate Tax Planning

Estate planning and elder law attorney Cindy Hutchins has over 25 experience practicing law. Her law firm, the Law Office of Cynthia Hayes Hutchins, P... (more)

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630-510-0600

Carol A. Nolan Lawyer

Carol A. Nolan

Social Security -- Disability, Wills & Probate, Government Agencies, Health Care, Wills

Carol A. Nolan has been a frequent speaker on Elder Law, Medicaid issues, estate planning, probate and trust administration, and guardianships for the... (more)

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Christopher J. Maurer Lawyer

Christopher J. Maurer

Family Law, Wills & Probate, Child Support, Estate Planning, Wills

Christopher J. Maurer is a licensed Illinois attorney with over ten years of experience who has focused his practice in the area of family law includi... (more)

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630-653-9400

Marc  Gugliuzza Lawyer

Marc Gugliuzza

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Trusts, Wills & Probate, Residential Real Estate, Estate Planning, Power of Attorney

Prior to attending law school, Mr. Gugliuzza spent more than 10 years working in the financial services industry, most recently as the branch manager ... (more)

Bradley Parker David Lawyer

Bradley Parker David

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Divorce & Family Law, Criminal, Accident & Injury, Wills, Employment

Lawyer.com Member Questionnaire Please describe a case(s) in the last year or two where you made a big difference. I have participated in many c... (more)

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800-708-4211

Wendy R Morgan Lawyer

Wendy R Morgan

VERIFIED
Divorce & Family Law, Estate, Elder Law, Estate Planning, Wills

Wendy R. Morgan is the founder and owner of The Law Firm of Wendy R. Morgan. Wendy has been practicing law since 1981 and has been concentrating in Fa... (more)

Mark T. Neil Lawyer

Mark T. Neil

VERIFIED
Estate, Estate Planning, Trusts, Wills & Probate, Business
We Listen to Our Clients' Needs and Develop Practical Solutions.

Mark T. Neil is an Honors graduate of Shimer College and a graduate of Northwestern University School of Law. He served as law clerk to Honorable Howa... (more)

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LEGAL TERMS

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.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

CREDIT SHELTER TRUST

See AB trust.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

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.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)
Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)
The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

FUNDING A TRUST

Transferring ownership of property to a trust.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)
The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

SAMPLE LEGAL CASES

In re Estate of Ellis

... Bauman was the pastor of the church of which Ellis was a member. When Ellis died in 2003, the 1999 will was admitted to probate. ... The circuit court of Cook County dismissed all counts as untimely pursuant to section 8-1 of the Probate Act of 1975 (755 ILCS 5/8-1 (West 2006)). ...

Wackrow v. Niemi

... James Woods died in August 2002. Letters of office were issued and Woods' will was admitted to probate on October 23, 2002. ... The estate did not deliver the property or the $300,000 to plaintiff. On October 24, 2003, the probate court denied plaintiff's claim against the estate. ...

In re Estate of Feinberg

... freedom. The Probate Act places only two limits on the ability of a testator to choose the objects of his bounty. ... desire. Under the Probate Act, Max and Erla had no obligation to make any provision at all for their grandchildren. ...