Willowbrook Estate Planning Lawyer, Illinois, page 3

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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

Thomas Benjamin Hawbecker

Estate Planning, Estate, Transactions, Personal Injury

Status: In Good Standing Licensed: 21 Years

CONTACT

26 Blaine St, Hinsdale, IL 60521

Thomas Hawbecker

Estate Planning, Estate, Transactions, Personal Injury

Status: In Good Standing Licensed: 21 Years

CONTACT

26 Blaine St, Hinsdale, IL 60521

Robert Victor Borla

Federal Appellate Practice, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 58 Years

CONTACT

6912 Main St, Downers Grove, IL 60516

Robert Borla

Federal Appellate Practice, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 58 Years

CONTACT

6912 Main St, Downers Grove, IL 60516

Kelly Marie Minshall

Estate Planning

Status: In Good Standing Licensed: 19 Years

CONTACT

421 Bunning Dr, Downers Grove, IL 60516

Kelly M. Kammer

Estate Planning

Status: In Good Standing Licensed: 19 Years

CONTACT

421 Bunning Dr, Downers Grove, IL 60516

Michael G. Philipp

Eminent Domain, Estate Planning, Divorce, DUI-DWI

Status: In Good Standing Licensed: 37 Years

CONTACT

5201 Washington St, Downers Grove, IL 60515

Michael Philipp

DUI-DWI, Divorce, Estate Planning, Eminent Domain

Status: In Good Standing Licensed: 37 Years

CONTACT

5201 Washington St, Downers Grove, IL 60515

Donna Renn

Estate Planning, Wills & Probate

Status: In Good Standing Licensed: 51 Years

CONTACT

59 Ogden Ave, Clarendon Hills, IL 60514

Michael Daniel Walsh

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

Status: In Good Standing Licensed: 45 Years

CONTACT

Western Springs, IL 60558

800-923-0641

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LEGAL TERMS

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

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.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

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 3

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Thomas Benjamin Hawbecker

Thomas Hawbecker

Robert Victor Borla

Robert Borla

Kelly Marie Minshall

Kelly M. Kammer

Michael G. Philipp

Michael Philipp

Donna Renn

Michael Daniel Walsh

TIPS

LEGAL TERMS

HEIR APPARENT

RESIDUARY ESTATE

MINERAL RIGHTS

FAILURE OF ISSUE

SURVIVING SPOUSE'S TRUST

ENTITY

DEATH TAXES

QTIP TRUST

PUBLIC ADMINISTRATOR

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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