Downers Grove Wills & Probate Lawyer, Illinois, page 3

Sponsored Law Firm


Includes: Estate Administration, Living Wills, Wills

Brett M. Dale

Wills & Probate, Trusts, Estate Planning, Business Organization
Status:  In Good Standing           Licensed:  28 Years

David F. Rolewick

Wills & Probate, Family Law, Corporate, Banking & Finance
Status:  In Good Standing           Licensed:  53 Years

Stephen A. Brundage

Traffic, Wills, Wills & Probate, Family Law
Status:  In Good Standing           Licensed:  34 Years

Richard Charles Johnson

Wills & Probate, Estate, Divorce & Family Law, Transactions
Status:  In Good Standing           Licensed:  43 Years

Donna Renn

Estate Planning, Wills & Probate
Status:  In Good Standing           Licensed:  51 Years

Timothy S. Midura

Wills & Probate, Estate Planning, Corporate, Business Organization
Status:  In Good Standing           Licensed:  45 Years

Susan S. Adkins

Real Estate, Wills & Probate, Estate Planning, Estate
Status:  In Good Standing           Licensed:  33 Years

Aaron Troy

Wills & Probate, Estate Planning, Estate, Contract
Status:  In Good Standing           

Janet Lynn Sullivan

Wills & Probate, Trusts, Elder Law, Americans with Disabilities Act
Status:  In Good Standing           Licensed:  36 Years

Mark David Perkins

Commercial Real Estate, Wills, Estate Planning, Elder Law
Status:  In Good Standing           Licensed:  35 Years

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LEGAL TERMS

GRANTOR

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

CURATOR

See conservator.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)
A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

NET ESTATE

The value of all property owned at death less liabilities or debts.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)
For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

CERTIFICATION OF TRUST

See abstract of trust.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)
A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)
The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

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.

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. ...