Palos Heights Trusts Lawyer, Illinois, page 2

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Brian R. Dolan
About | Practice Areas
Law Offices of Brian R. Dolan, LLC
5 Revere Drive Suite 200 Northbrook, IL 60062» view map
Estate Law
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I am available to meet with you at any time to prepare you each step of the way. I take great pride in providing these services and easing your transitions through life.

800-569-0101
1. Brian R. Dolan Northbrook, IL
  Attorney at Law - IL, 2020
  Nova Southeastern University J.D.
2. AboutLaw Offices of Brian R. Dolan, LLC
  More than 18 years of legal experience.
3. Practice AreasExpertise
  Estate Law
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Kenneth Slomka

Other, Commercial Real Estate, Real Estate, Trusts

Status: In Good Standing Licensed: 53 Years

CONTACT

15255 S 94Th Ave, Orland Park, IL 60462

Elizabeth D. Kostelnik

Health Care Other, Family Law, Elder Law, Trusts

Status: In Good Standing Licensed: 14 Years

CONTACT

15255 S 94Th Ave, Orland Park, IL 60462

Ronald Babb

Commercial Real Estate, Traffic, Trusts, DUI-DWI

Status: In Good Standing Licensed: 52 Years

CONTACT

15601 Cicero Ave, Oak Forest, IL 60452

Kathleen Farrell Duhig

General Practice

Status: In Good Standing Licensed: 16 Years

CONTACT

4550 W 103Rd St, Oak Lawn, IL 60453

Michael Huguelet

Commercial Real Estate, Wills, Trusts, Estate Planning

Status: In Good Standing Licensed: 45 Years

CONTACT

10723 W 159Th St, Orland Park, IL 60467

Michael Thomas Huguelet

Commercial Real Estate, Wills, Trusts, Estate Planning

Status: In Good Standing Licensed: 45 Years

CONTACT

10723 W 159Th St, Orland Park, IL 60467

Ashley Rasmussen

Landlord-Tenant, Civil Rights, Trusts, Commercial Real Estate

Status: In Good Standing Licensed: 16 Years

CONTACT

10729 W 159Th St, Orland Park, IL 60467

Sharmon Paris

Trusts, Intellectual Property

Status: In Good Standing

CONTACT

9449 S Kedzie Ave, Evergreen Park, IL 60805

800-923-0641

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LEGAL TERMS

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

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.

SAMPLE LEGAL CASES

In re Estate of Feinberg

... 534, 891 NE2d 549. In reaching this conclusion, the appellate court relied on decisions of this court dating back as far as 1898 and, as noted, on the Restatement (Third) of Trusts. ISSUE PRESENTED. ... Applicability of Restatement (Third) of Trusts. ...

In re Estate of Feinberg

... 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 the Trusts of Max ...

Laubner v. JP Morgan Chase Bank, NA

... 747 Justice COOK delivered the opinion of the court: On October 31, 2007, plaintiffs Patricia A. Laubner and Pamela A. Larson filed an amended petition to remove codefendant Deborah B. Alley as trustee and to modify the distributions being made from the trusts. ...

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Palos Heights Trusts Lawyer, Illinois, page 2

Sponsored Law Firm

Law Offices of Brian R. Dolan, LLC

SPONSORED LAWYERS

Kenneth Slomka

Elizabeth D. Kostelnik

Ronald Babb

Kathleen Farrell Duhig

Michael Huguelet

Michael Thomas Huguelet

Ashley Rasmussen

Sharmon Paris

TIPS

LEGAL TERMS

SURVIVING SPOUSE'S TRUST

TRUST DEED

DEVISEE

PERSONAL PROPERTY

INCOMPETENCE

DISTRIBUTEE

POUR-OVER WILL

DOWER AND CURTESY

TRUST MERGER

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

Laubner v. JP Morgan Chase Bank, NA

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