Elmwood Park Estate Planning Lawyer, Illinois, page 5

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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
1. Contact
2. Email
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Includes: Gift Taxation

William James Franko

International, Estate Planning, Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

1753 North Tripp, Chicago, IL 60639

James Joseph Riebandt

Commercial Real Estate, Litigation, Estate Planning, Transactions

Status: In Good Standing Licensed: 49 Years

CONTACT

216 W Higgins Rd, Park Ridge, IL 60068

David J. Lasky

Estate Planning, Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

8430 West Bryn Mawr Ave, Chicago, IL 60631

David Lasky

Estate Planning, Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

8430 West Bryn Mawr Ave, Chicago, IL 60631

Michael John Cornfield

Federal Appellate Practice, Estate Planning, Divorce, Transactions

Status: In Good Standing Licensed: 44 Years

CONTACT

6153 N Milwaukee Ave, Chicago, IL 60646

John Papadia

Estate Planning, Family Law, Divorce, Adoption

Status: In Good Standing Licensed: 50 Years

CONTACT

8501 W. Higgins, Chicago, IL 60631

John Papadia

Estate Planning, Family Law, Divorce, Adoption

Status: In Good Standing Licensed: 50 Years

CONTACT

8501 W. Higgins, Chicago, IL 60631

William Michael Kennedy

Tax, Estate Planning

Status: In Good Standing Licensed: 54 Years

CONTACT

1452 Keystone, River Forest, IL 60305

Lawrence Brady

Civil Rights, Estate Planning, Products Liability

Status: In Good Standing Licensed: 39 Years

CONTACT

1030 W. Higgins Rd, Park Ridge, IL 60068

Lawrence Michael Brady

Products Liability, Civil Rights, Estate Planning

Status: In Good Standing Licensed: 39 Years

CONTACT

1030 W. Higgins Rd, Park Ridge, IL 60068

800-923-0641

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LEGAL TERMS

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

MARITAL LIFE ESTATE TRUST

See AB 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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Elmwood Park Estate Planning Lawyer, Illinois, page 5

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

William James Franko

James Joseph Riebandt

David J. Lasky

David Lasky

Michael John Cornfield

John Papadia

John Papadia

William Michael Kennedy

Lawrence Brady

Lawrence Michael Brady

TIPS

LEGAL TERMS

INTESTATE SUCCESSION

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

INVESTOR

REMAINDERMAN

EXECUTOR

PROVING A WILL

TAKING AGAINST THE WILL

TRUST CORPUS

MARITAL LIFE ESTATE TRUST

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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