Joliet Estate 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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Robert A. Heap

Criminal, Residential Real Estate, Estate Planning

Status: In Good Standing

CONTACT

Naper Office Plaza, 552 S. Washington Street, Naperville, IL 60540

Thomas J. Homer

Landlord-Tenant, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing

FREE CONSULTATION

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1770 North Park Street, Naperville, IL 60563

George J. Witous

Real Estate, Estate Planning, Estate, Family Law

Status: In Good Standing

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10600 S. Cicero Avenue, Oak Lawn, IL 60453

Daniel William Witous

Real Estate, Estate, Divorce & Family Law, Business

Status: In Good Standing

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10600 S. Cicero Avenue, Oak Lawn, IL 60453

Edward G. Schussler

Business Organization, Contract, Elder Law, Estate Planning

Status: In Good Standing

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9631 W 153rd Street, Orland Park, IL 60462

Arnold S. Newman

Accident & Injury, Malpractice, Products Liability, Personal Injury, Estate

Status: In Good Standing

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18400 Maple Creek Drive, Tinley Park, IL 60477

Robert J. Leoni

Corporate, Construction, Estate Planning, Wills & Probate

Status: In Good Standing

FREE CONSULTATION

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16061 94th Avenue, Tinley Park, IL 60487

Margaret A. Kramer

Family Law, Criminal, Traffic, Estate, Wills & Probate

Status: In Good Standing

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1999 West Downer Place, Aurora, IL 60506

James Fleming Ormond

Lawsuit & Dispute, Business, Estate Planning, Transactions

Status: In Good Standing Licensed: 37 Years

CONTACT

1961 W Downer Place, Aurora, IL 60506

David Wayne Schopp

Real Estate, Estate, Civil Rights, Business

Status: In Good Standing Licensed: 33 Years

CONTACT

320 N Lake St, Aurora, IL 60506

800-923-0641

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LEGAL TERMS

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.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

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.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

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.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

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.

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.

SAMPLE LEGAL CASES

In re Estate of Feinberg

This case involves a dispute among the surviving children and grandchildren of Max and Erla Feinberg regarding the validity of a trust provision. The circuit court of Cook County found the trust provision unenforceable on the basis that it is contrary to the public policy of the state ...

In re Estate of Feinberg

In re ESTATE OF 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 ...

In re Estate of Ellis

Grace Ellis executed a will in 1964 naming Shriners Hospitals for Children (Shriners) as beneficiary of her estate if she died without direct descendants. In 1999, she executed a new will naming James G. Bauman as sole beneficiary. Bauman was the pastor of the church of which ...

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Joliet Estate Lawyer, Illinois, page 2

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Robert A. Heap

Thomas J. Homer

George J. Witous

Daniel William Witous

Edward G. Schussler

Arnold S. Newman

Robert J. Leoni

Margaret A. Kramer

James Fleming Ormond

David Wayne Schopp

TIPS

LEGAL TERMS

SECONDARY MEANING

ESTATE PLANNING

INVESTOR

BEQUEATH

TAKING AGAINST THE WILL

AB TRUST

DISINHERIT

ACCUMULATION TRUST

GENERATION-SKIPPING TRUST

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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