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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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Charles Edward Antonietti

Estate, Divorce, Criminal, Personal Injury

Status: In Good Standing Licensed: 38 Years

CONTACT

1461 Ring Road, Calumet City, IL 60409

Angelo Vitiritti

Divorce & Family Law, Criminal, Bankruptcy, Estate Planning

Status: In Good Standing Licensed: 35 Years

CONTACT

16231 Wausau Ave, South Holland, IL 60473

Angelo J. Vitiritti

Bankruptcy, Estate Planning, Transactions, Criminal

Status: In Good Standing Licensed: 35 Years

CONTACT

16231 Wausau Ave, South Holland, IL 60473

John Joseph O'donnell

Estate Planning, Divorce & Family Law, Civil Rights, Transactions

Status: In Good Standing Licensed: 41 Years

CONTACT

16231 Wausau Ave, South Holland, IL 60473

John Dillner

Litigation, Estate Planning, Transactions, Municipal

Status: In Good Standing Licensed: 60 Years

CONTACT

16231 Wausau Avenue, South Holland, IL 60473

Timothy Charles Lapp

Litigation, Municipal, Estate Planning, Civil Rights

Status: In Good Standing Licensed: 34 Years

CONTACT

16231 Wausau Ave, South Holland, IL 60473

John David Dillner

Litigation, Estate Planning, Transactions, Municipal

Status: In Good Standing Licensed: 60 Years

CONTACT

16231 Wausau Avenue, South Holland, IL 60473

Scott David Dillner

Personal Injury, Workers' Compensation, DUI-DWI, Estate Planning

Status: In Good Standing Licensed: 32 Years

CONTACT

16231 Wausau Ave, South Holland, IL 60473

Gregory Skubisz

Estate Planning, Divorce, DUI-DWI, Personal Injury

Status: In Good Standing Licensed: 45 Years

CONTACT

1461 Ring Rd, Calumet City, IL 60409

Gregory R. Skubisz

Estate Planning, Divorce, DUI-DWI, Personal Injury

Status: In Good Standing Licensed: 45 Years

CONTACT

1461 Ring Rd, Calumet City, IL 60409

800-923-0641

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LEGAL TERMS

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

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.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

HEIR APPARENT

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

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.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

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.'

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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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Lansing Estate Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Charles Edward Antonietti

Angelo Vitiritti

Angelo J. Vitiritti

John Joseph O'donnell

John Dillner

Timothy Charles Lapp

John David Dillner

Scott David Dillner

Gregory Skubisz

Gregory R. Skubisz

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LEGAL TERMS

HEIR AT LAW

TRUST DEED

SPECIFIC BEQUEST

BENEFICIARY

HEIR APPARENT

GENERATION-SKIPPING TRANSFER TAX

SUMMARY PROBATE

TRUST CORPUS

RULE AGAINST PERPETUITIES

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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