Naperville Estate Planning Lawyer, Illinois, page 5

Sponsored Law Firm

x
Click For More Info:

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
3. Refer
5. Visit:
6. Website
7. Profile

Includes: Gift Taxation

Amy Kain

Tax, Estate Planning, Transactions, Business & Trade

Status: In Good Standing Licensed: 24 Years

CONTACT

111 E. Jefferson Avenue, Naperville, IL 60540

Alan Lechowicz

Estate Planning, Residential Real Estate, Income Tax, Transactions

Status: In Good Standing Licensed: 40 Years

CONTACT

111 E. Jefferson Avenue, Naperville, IL 60540

Robert H. Farley

Federal Appellate Practice, Government, Estate Planning

Status: In Good Standing Licensed: 46 Years

CONTACT

1155 S Washington St, Naperville, IL 60540

Sandra Ferson Young

Federal Appellate Practice, Estate Planning, Divorce & Family Law, Civil Rights

Status: In Good Standing Licensed: 22 Years

CONTACT

1001 E. Chicago Avenue, Naperville, IL 60540

Eric Richard Wilen

International Tax, Estate Planning, Estate, Medical Malpractice

Status: In Good Standing Licensed: 29 Years

CONTACT

1733 Park St, Naperville, IL 60563

John Malm

Motor Vehicle, Estate Planning, Workers' Compensation, Personal Injury, Medical Malpractice

Status: In Good Standing

CONTACT

1730 Park St, Naperville, IL 60563

Jeffrey Roger Van Dyke

Trusts, Estate Planning, Business & Trade, Corporate

Status: In Good Standing Licensed: 35 Years

CONTACT

1730 Park St, Naperville, IL 60563

Melissa Adele Beaucaire

Divorce & Family Law, Estate Planning, Transactions, Traffic

Status: In Good Standing

CONTACT

1220 Iroquois Avenue, Naperville, IL 60563

Christopher Wheaton

Estate Planning, Divorce & Family Law, Criminal, Transactions

Status: In Good Standing Licensed: 35 Years

CONTACT

Naperville, IL 60566

Christopher John Wheaton

Traffic, Estate Planning, Transactions, Personal Injury

Status: In Good Standing Licensed: 35 Years

CONTACT

Naperville, IL 60566

800-923-0641

Free Help: Use This Form or Call 800-943-8690

Call me for fastest results!
800-943-8690

Free Help: Use This Form or Call 800-943-8690

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

LEGAL TERMS

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.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

SURROGATE COURT

See probate court.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

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.

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.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

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.

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.

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 ...

SORT BY:

FILTER BY:

Free Consultation
Male
Female
Suspended

Naperville Estate Planning Lawyer, Illinois, page 5

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Amy Kain

Alan Lechowicz

Robert H. Farley

Sandra Ferson Young

Eric Richard Wilen

John Malm

Jeffrey Roger Van Dyke

Melissa Adele Beaucaire

Christopher Wheaton

Christopher John Wheaton

TIPS

LEGAL TERMS

TRUSTEE

ABATEMENT

SURROGATE COURT

INHERITANCE TAXES

AB TRUST

TRUST MERGER

QTIP TRUST

INVENTORY

ALTERNATE BENEFICIARY

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

SORT BY:

FILTER BY:

PRACTICE AREAS

NEARBY CITY SUGGESTIONS

Lawyer.com Legal Protection Plan

Premium Membership

Additional Services

Resources

My Account Details