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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
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Angela Marie Korinek

Real Estate, Industry Specialties, Estate, Business

Status: In Good Standing Licensed: 12 Years

CONTACT

1022 South Lagrange Road, La Grange, IL 60525

Ann Colter Matthews

Trusts, Estate Planning, Employment Discrimination, Personal Injury

Status: In Good Standing Licensed: 36 Years

CONTACT

1001 Warrenville Rd, Lisle, IL 60532

Ann Colter Matthews

Estate Planning

Status: In Good Standing Licensed: 36 Years

CONTACT

1001 Warrenville Rd, Lisle, IL 60532

Anna Paglia

Industry Specialties, Business, Personal Injury, Estate Planning

Status: In Good Standing Licensed: 24 Years

CONTACT

3500 Lacey Rd, Downers Grove, IL 60515

Anne J. Rabuck

Estate, Elder Law

Status: In Good Standing

CONTACT

1023 W 55Th St, La Grange, IL 60525

Anne Hynds Bzdill

Real Estate, International, Estate, Business

Status: In Good Standing Licensed: 29 Years

CONTACT

105 W Main St, Morris, IL 60450

Anne Scheurich

Commercial Real Estate, Estate Planning

Status: In Good Standing Licensed: 42 Years

CONTACT

14475 John Humhrey Dr, Orland Park, IL 60462

Annette O'Connor

Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 24 Years

CONTACT

Naperville, IL 60567

Anthony Ross Tortorich

Real Estate, Wills & Probate, Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

15640 Janas Drive, Homer Glen, IL 60491

Anum Muhiuddin

Litigation, Estate Planning, Environmental Law Other, Bankruptcy

Status: In Good Standing Licensed: 11 Years

CONTACT

1771 West Diehl Road, Naperville, IL 60563

800-923-0641

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LEGAL TERMS

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

CURATOR

See conservator.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

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 8

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Angela Marie Korinek

Ann Colter Matthews

Ann Colter Matthews

Anna Paglia

Anne J. Rabuck

Anne Hynds Bzdill

Anne Scheurich

Annette O'Connor

Anthony Ross Tortorich

Anum Muhiuddin

TIPS

LEGAL TERMS

PROPERTY CONTROL TRUST

SELF-PROVING WILL

CURATOR

TRUSTEE

HOLOGRAPHIC WILL

GENERATION-SKIPPING TRANSFER TAX

AUGMENTED ESTATE

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

INVENTORY

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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