Willowbrook Estate Planning 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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2. Email
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Includes: Gift Taxation

Paul Barr Garver

Estate Planning, Estate, Transactions, Personal Injury

Status: Licensed: 22 Years

CONTACT

26 Blaine St, Hinsdale, IL 60521

Lynn Graham

Commercial Real Estate, Estate Planning, Estate, Transactions, Real Estate

Status: Licensed: 16 Years

CONTACT

26 Blaine St, Hinsdale, IL 60521

Mary Ann Covone

Litigation, Estate Planning, Business, Slip & Fall Accident, Personal Injury

Status: Licensed: 33 Years

CONTACT

915 W 55Th St, Western Springs, IL 60558

John Hubeny

Traffic, Estate Planning, Criminal, Transactions, Commercial Real Estate

Status: Licensed: 43 Years

CONTACT

200 E Chicago Ave, Westmont, IL 60559

Robert Borla

Federal Appellate Practice, Estate Planning, Transactions, Business

Status: Licensed: 58 Years

CONTACT

6912 Main St, Downers Grove, IL 60516

Kelly M. Kammer

Estate Planning, Family Law

Status: Licensed: 19 Years

CONTACT

421 Bunning Dr, Downers Grove, IL 60516

Michael Philipp

DUI-DWI, Divorce, Estate Planning, Eminent Domain

Status: Licensed: 37 Years

CONTACT

5201 Washington St, Downers Grove, IL 60515

Donna Renn

Estate Planning, Wills & Probate

Status: Licensed: 51 Years

CONTACT

59 Ogden Ave, Clarendon Hills, IL 60514

Michael Daniel Walsh

Estate Planning, Divorce & Family Law, Transactions, Personal Injury

Status: Licensed: 45 Years

CONTACT

Western Springs, IL 60558

John Staruck

Estate Planning, Transactions

Status: Licensed: 26 Years

CONTACT

5623 S. Middaugh, Downers Grove, IL 60516

800-814-6700

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LEGAL TERMS

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.'

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

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.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

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.

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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Willowbrook Estate Planning Lawyer, Illinois, page 2

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Paul Barr Garver

Lynn Graham

Mary Ann Covone

John Hubeny

Robert Borla

Kelly M. Kammer

Michael Philipp

Donna Renn

Michael Daniel Walsh

John Staruck

TIPS

LEGAL TERMS

TRUST CORPUS

PER STIRPES

WARRANTY DEED

GENERATION-SKIPPING TRANSFER TAX

TESTAMENTARY TRUST

PER CAPITA

ADMINISTRATRIX

SWEARING MATCH

SECONDARY MEANING

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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