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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 Honig

Real Estate, Estate, Bankruptcy & Debt

Status: Licensed: 33 Years

CONTACT

116 S. York St, Elmhurst, IL 60126

Michael V. LoCicero

Wills, Wills & Probate, Family Law, Constitutional Law, Motor Vehicle

Status: Licensed: 43 Years

CONTACT

2021 Midwest Rd, Hinsdale, IL 60523

Thomas G. Kenny

Estate Planning, Family Law, Contract, Personal Injury

Status:

CONTACT

104 E. Roosevelt Road, Wheaton, IL 60187

Robert Victor Lewis

Estate, Real Estate, Commercial Real Estate, Estate Planning

Status: Licensed: 61 Years

CONTACT

868 Chancel Cir, Glen Ellyn, IL 60137

Lora Matthews Fausett

Landlord-Tenant, Social Security, Estate Planning, Transactions

Status: Licensed: 32 Years

CONTACT

568 Pennsylvania Avenue, Glen Ellyn, IL 60137

Lora Ann Matthews Fausett

Commercial Real Estate, Landlord-Tenant, Wills, Business & Trade, Real Estate Other

Status: Licensed: 33 Years

CONTACT

568 Pennsylvania Ave, Glen Ellyn, IL 60137

Leonard Defranco

Corporate, International Tax, Estate Planning, Real Estate

Status: Licensed: 47 Years

CONTACT

Villa Park, IL 60181

John F. Morreale

Real Estate, Estate Planning, Business

Status: Licensed: 60 Years

CONTACT

449 Taft Ave, Glen Ellyn, IL 60137

John Morreale

Real Estate, Estate Planning, Business, Accident & Injury

Status: Licensed: 60 Years

CONTACT

449 Taft Ave, Glen Ellyn, IL 60137

William H. Pokorny

Tax, Estate Planning, Business Organization, Banking & Finance, Land Use & Zoning

Status: Licensed: 53 Years

CONTACT

1000 Jorie Blvd, Hinsdale, IL 60523

800-814-6700

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LEGAL TERMS

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

CURATOR

See conservator.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

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.

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.

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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Lombard Estate Lawyer, Illinois, page 3

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Robert Honig

Michael V. LoCicero

Thomas G. Kenny

Robert Victor Lewis

Lora Matthews Fausett

Lora Ann Matthews Fausett

Leonard Defranco

John F. Morreale

John Morreale

William H. Pokorny

TIPS

LEGAL TERMS

REAL ESTATE AGENT

CURATOR

QDOT TRUST

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

AB TRUST

DOWER AND CURTESY

INTER VIVOS TRUST

LAPSE

AUGMENTED ESTATE

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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