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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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Cosmo Tedone

Criminal, Divorce & Family Law, Real Estate, Estate Planning, DUI-DWI

Joliet Criminal Defense Lawyer

Cosmo J. Tedone was born on December 13, 1966 in Manchester, Connecticut. Prior to forming the law firm, Tedone & Morton, P.C., he was the senior asso... (more)

FREE CONSULTATION

CONTACT

815-666-1285

58 N. Chicago Street, Joliet, IL 60432

Lisa Kinser

Tax, Litigation, Estate Planning, Business & Trade

Status: In Good Standing Licensed: 22 Years

CONTACT

3601 Mcdonough St, Shorewood, IL 60431

William Kaplan

Tax, Estate Planning, Transactions, Corporate

Status: In Good Standing Licensed: 58 Years

CONTACT

3077 W Jefferson St, Crest Hill, IL 60435

Edward Jarot

Commercial Real Estate, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 28 Years

CONTACT

2 N 129Th Infantry Dr, Crest Hill, IL 60435

Edward J Jarot

Real Estate, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 28 Years

CONTACT

2 N 129Th Infantry Dr, Crest Hill, IL 60435

Donald Gould

Commercial Real Estate, Estate, Transactions, Business

Status: In Good Standing Licensed: 36 Years

CONTACT

860 Center Ct, Shorewood, IL 60404

Donald John Gould

Commercial Real Estate, Estate, Transactions, Business

Status: In Good Standing Licensed: 36 Years

CONTACT

860 Center Ct, Shorewood, IL 60404

Scott Hoster

Litigation, Estate Planning, Business & Trade, Business

Status: In Good Standing Licensed: 39 Years

CONTACT

1 Fairlane Dr, Crest Hill, IL 60435

Gary Scott Mueller

Wills & Probate, Estate Planning, Transactions, Business & Trade

Status: In Good Standing Licensed: 50 Years

CONTACT

91N 129Th Infantry Dr, Crest Hill, IL 60435

Christopher N. Wise

Estate Planning, Estate

Status: In Good Standing Licensed: 38 Years

CONTACT

181 N Hammes Ave, Crest Hill, IL 60435

800-923-0641

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LEGAL TERMS

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.

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

SURROGATE COURT

See probate court.

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.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

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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Channahon Estate Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Cosmo Tedone

Lisa Kinser

William Kaplan

Edward Jarot

Edward J Jarot

Donald Gould

Donald John Gould

Scott Hoster

Gary Scott Mueller

Christopher N. Wise

TIPS

LEGAL TERMS

RESIDUARY ESTATE

PER STIRPES

FUNDING A TRUST

AUGMENTED ESTATE

SURROGATE COURT

MINERAL RIGHTS

HOLOGRAPHIC WILL

CERTIFIED COPY

GRANTOR

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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