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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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Gary Evans

Estate Planning, Commercial Real Estate, Civil Rights, Banking & Finance

Status: Licensed: 40 Years

CONTACT

1 Mid America Plaza, Villa Park, IL 60181

Jonathan David Herpy

Entertainment, Estate Planning, Civil Rights, Business

Status: Licensed: 13 Years

CONTACT

360 West Butterfield Road, Elmhurst, IL 60126

Michael Deboer

Real Estate, Estate Planning, Business, Corporate, Corporate

Status: Licensed: 39 Years

CONTACT

1200 Harger Rd, Hinsdale, IL 60523

Colleen Sahlas

Estate Planning, Adoption, Elder Law, Business

Status: Licensed: 25 Years

CONTACT

1200 Harger Rd, Hinsdale, IL 60523

Britt Salazar

Real Estate, Estate Planning

Status: Licensed: 13 Years

CONTACT

1200 Harger Rd, Oak Brook, IL 60523

Sean Lazzari

Traffic, Estate Planning, Divorce, DUI-DWI

Status:

CONTACT

800 Enterprise Dr, Hinsdale, IL 60523

Timothy S. Midura

Wills & Probate, Estate Planning, Corporate, Business Organization, International Tax

Status: Licensed: 46 Years

CONTACT

1755 S Naperville Rd, Wheaton, IL 60189

Masaru Takiguchi

Estate Planning, Transactions, Corporate, Bankruptcy, Land Use & Zoning

Status: Licensed: 40 Years

CONTACT

1415 W 22Nd St, Oak Brook, IL 60523

Martin Lillig

Landlord-Tenant, International Tax, Government, Estate Planning, Estate

Status: Licensed: 59 Years

CONTACT

1900 Spring Rd, Hinsdale, IL 60523

William Thorsness

Tax, Federal Appellate Practice, Wills & Probate, Personal Injury, International Tax

Status: Licensed: 52 Years

CONTACT

1900 Spring Rd, Hinsdale, IL 60523

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LEGAL TERMS

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

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.

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.

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.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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 6

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Gary Evans

Jonathan David Herpy

Michael Deboer

Colleen Sahlas

Britt Salazar

Sean Lazzari

Timothy S. Midura

Masaru Takiguchi

Martin Lillig

William Thorsness

TIPS

LEGAL TERMS

WARRANTY DEED

HEIR AT LAW

INCOMPETENCE

ALTERNATE BENEFICIARY

DOWER AND CURTESY

SUCCESSOR TRUSTEE

CONTINGENT BENEFICIARY

AB TRUST

GRANTOR RETAINED INCOME TRUST

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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