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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 J Zapolis

Wills & Probate, Estate Planning, Elder Law, Business Organization

Status: In Good Standing

FREE CONSULTATION

CONTACT

9991 W. 191st St., Mokena, IL 60448

Mark Varboncouer

Patent, Estate Planning, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

8767 Laraway Rd, Frankfort, IL 60423

Kirsten Steeves

Estate Planning, Workers' Compensation, Divorce, Personal Injury

Status: In Good Standing Licensed: 32 Years

CONTACT

300 E Main St, Peotone, IL 60468

Kirsten E. Steeves

Estate Planning, Workers' Compensation, Divorce, Personal Injury

Status: In Good Standing Licensed: 32 Years

CONTACT

300 E Main St, Peotone, IL 60468

John Betz

International Tax, Estate Planning

Status: In Good Standing Licensed: 30 Years

CONTACT

20940 S. Square Road, Frankfort, IL 60423

John Eugene Betz

International Tax, Estate Planning

Status: In Good Standing Licensed: 30 Years

CONTACT

20940 S. Square Road, Frankfort, IL 60423

Donald Irvin Bettenhausen

Commercial Real Estate, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 43 Years

CONTACT

21146 Washington Pkwy, Frankfort, IL 60423

Donald Bettenhausen

Commercial Real Estate, Estate Planning, Transactions, Business

Status: In Good Standing Licensed: 43 Years

CONTACT

21146 Washington Pkwy, Frankfort, IL 60423

Summer Mcelroy

Estate Planning, Divorce & Family Law, Transactions, Bankruptcy

Status: In Good Standing Licensed: 18 Years

CONTACT

4747 Lincoln Mall Drive, Matteson, IL 60443

La Vetta Dianne Wallace Williams

Business & Trade, Litigation, Employee Rights, Estate Planning

Status: In Good Standing Licensed: 34 Years

CONTACT

21470 Main St, Matteson, IL 60443

800-923-0641

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LEGAL TERMS

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

PUBLISHED WORK

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public o... (more...)

An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public on an unrestricted basis. It is thus possible to display a work, or distribute it with restrictions on disclosure of its contents, without actually 'publishing' it. Both published and unpublished works are entitled to copyright protection, but some of the rules differ.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

HEIR APPARENT

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

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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Monee Estate Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Robert J Zapolis

Mark Varboncouer

Kirsten Steeves

Kirsten E. Steeves

John Betz

John Eugene Betz

Donald Irvin Bettenhausen

Donald Bettenhausen

Summer Mcelroy

La Vetta Dianne Wallace Williams

TIPS

LEGAL TERMS

ESTATE TAXES

PUBLISHED WORK

CONSERVATOR

SUCCESSOR TRUSTEE

CONTINGENT BENEFICIARY

OFFICER

LAPSE

CHARITABLE TRUST

HEIR APPARENT

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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