Downers Grove Trusts Lawyer, Illinois, page 3

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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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Jeffrey Alan Jones

Wills & Probate, Trusts, Estate Planning, Business & Trade

Status: In Good Standing Licensed: 47 Years

CONTACT

1389 E Gartner Road, Naperville, IL 60540

William S. Booth

Litigation, Trusts, Civil Rights, Securities

Status: In Good Standing Licensed: 24 Years

CONTACT

135Th & New Ave, Lemont, IL 60439

William Booth

Litigation, Trusts, Civil Rights, Securities

Status: In Good Standing Licensed: 24 Years

CONTACT

135Th & New Ave, Lemont, IL 60439

Christina Mermigas

Corporate, International Tax, Trusts, Commercial Real Estate

Status: In Good Standing Licensed: 11 Years

CONTACT

361 Coventry Ct, Clarendon Hills, IL 60514

Craig Charles Westfall

Real Estate, Trusts, Elder Law, Personal Injury

Status: In Good Standing Licensed: 49 Years

CONTACT

1793 Bloomingdale Road, Glendale Heights, IL 60139

Lesa Moskowitz

Estate, Real Estate, Trusts

Status: In Good Standing Licensed: 18 Years

CONTACT

1220 Birks Court, La Grange, IL 60525

Michael Scott Morrison

Tax, Real Estate, Trusts, Business & Trade

Status: In Good Standing Licensed: 43 Years

CONTACT

110 E Schiller St, Elmhurst, IL 60126

Ralph William Miller

Real Estate, Government, Wills & Probate, Trusts

Status: In Good Standing Licensed: 69 Years

CONTACT

936 Spring Rd, Elmhurst, IL 60126

Edith Juanita Brown

Government, Trusts, Family Law, Transactions

Status: In Good Standing Licensed: 44 Years

CONTACT

1751 S Naperville Rd, Wheaton, IL 60189

Megan Elizabeth Hamilton

Corporate, Trusts, Real Estate

Status: In Good Standing Licensed: 12 Years

CONTACT

492 S Parkview Ave, Elmhurst, IL 60126

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LEGAL TERMS

TESTAMENTARY TRUST

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

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

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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Downers Grove Trusts Lawyer, Illinois, page 3

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Jeffrey Alan Jones

William S. Booth

William Booth

Christina Mermigas

Craig Charles Westfall

Lesa Moskowitz

Michael Scott Morrison

Ralph William Miller

Edith Juanita Brown

Megan Elizabeth Hamilton

TIPS

LEGAL TERMS

TESTAMENTARY TRUST

TRUST MERGER

PUBLIC ADMINISTRATOR

ALTERNATE BENEFICIARY

GRANTOR RETAINED INCOME TRUST

DISTRIBUTEE

SPECIFIC BEQUEST

CONSERVATOR

TRUSTEE POWERS

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

Laubner v. JP Morgan Chase Bank, NA

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