Champaign Estate Planning Lawyer, Illinois, page 2

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Includes: Gift Taxation

Wendy Shields Bauer

Litigation, Social Security, Estate Planning, Transactions
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  36 Years

Barbra Webber

Divorce & Family Law, Criminal, Litigation, Estate Planning, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  28 Years

Tracy James Nugent

Litigation, Intellectual Property, Estate Planning, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  41 Years

Todd James Black

Real Estate, Litigation, Estate Planning, Business & Trade
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  39 Years

Harold Neil Adams

Estate Planning, Estate, Transactions, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Timothy Scott Jefferson

International Tax, Estate Planning, Transactions, Business, Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Roaa Al-heeti

State Appellate Practice, Estate Planning, Divorce, Transactions
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  18 Years

Jason Barickman

Estate Planning, Transactions, Business, Commercial Real Estate, Commercial Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  20 Years

Paul Carter Hendren

Personal Injury, Estate Planning, Transactions, Municipal
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  58 Years

Stuart Mamer

Tax, Wills & Probate, Estate Planning, Transactions
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  78 Years

Free Help: Use This Form or Call 800-814-6700

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LEGAL TERMS

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)
A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)
Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)
A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)
A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.

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.

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.

DEED OF TRUST

See trust deed.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

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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