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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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Robert Labeau

Litigation, Estate Planning, Civil Rights, Business

Status: In Good Standing Licensed: 45 Years

CONTACT

200 East Court Street, Kankakee, IL 60901

Robert Bevan Labeau

Litigation, Estate Planning, Civil Rights, Business

Status: In Good Standing Licensed: 45 Years

CONTACT

200 East Court Street, Kankakee, IL 60901

Martin J. Shanahan

Nursing Home, Estate Planning, Transactions, Personal Injury

Status: In Good Standing Licensed: 27 Years

CONTACT

150 West Jefferson, Joliet, IL 60432

Jack Raymond Beaupre

Personal Injury, DUI-DWI, Divorce, Estate Planning

Status: In Good Standing Licensed: 58 Years

CONTACT

226 Highpoint Circle South, Bourbonnais, IL 60914

David Jaffe

Land Use & Zoning, Estate Planning, Elder Law, Corporate

Status: In Good Standing

CONTACT

200 E Court St, Kankakee, IL 60901

David Michael Jaffe

Real Estate, Wills & Probate, Trusts, Corporate

Status: In Good Standing

CONTACT

200 E Court St, Kankakee, IL 60901

Gregory Louis Peyla

Lawsuit & Dispute, Estate, Workers' Compensation, Employment

Status: In Good Standing Licensed: 45 Years

CONTACT

116 N. Chicago Street, Joliet, IL 60432

Gregory Peyla

Lawsuit & Dispute, Estate, Workers' Compensation, Employment

Status: In Good Standing Licensed: 45 Years

CONTACT

116 N. Chicago Street, Joliet, IL 60432

Paul Boetto

Traffic, Federal Appellate Practice, Estate Planning, Elder Law

Status: In Good Standing Licensed: 43 Years

CONTACT

167 N Ottawa St, Crest Hill, IL 60432

Roger Alan Benson

Real Estate, Trusts, Adoption, Corporate

Status: In Good Standing Licensed: 66 Years

CONTACT

200 E Court St, Kankakee, IL 60901

800-923-0641

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LEGAL TERMS

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

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.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

DEED OF TRUST

See trust deed.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

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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Braidwood Estate Lawyer, Illinois, page 5

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Robert Labeau

Robert Bevan Labeau

Martin J. Shanahan

Jack Raymond Beaupre

David Jaffe

David Michael Jaffe

Gregory Louis Peyla

Gregory Peyla

Paul Boetto

Roger Alan Benson

TIPS

LEGAL TERMS

RESIDUARY BENEFICIARY

AUGMENTED ESTATE

ESTATE PLANNING

POWER OF APPOINTMENT

DEED OF TRUST

FAMILY ALLOWANCE

GENERATION-SKIPPING TRUST

LAPSE

ADMINISTRATION (OF AN ESTATE)

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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