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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

Robert J. Leoni

Corporate, Construction, Estate Planning, Wills & Probate

Status: In Good Standing

FREE CONSULTATION

CONTACT

16061 94th Avenue, Tinley Park, IL 60487

Frank A Hauenschild

Estate Planning, Employment, Elder Law, Medical Malpractice

Status: In Good Standing Licensed: 37 Years

CONTACT

1938 E Lincoln Hwy, New Lenox, IL 60451

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

Jeffrey Soufal

Business & Trade, Collection, Litigation, Estate Planning

Status: In Good Standing Licensed: 30 Years

CONTACT

9500 Bormet Dr, Mokena, IL 60448

Mark Joseph Weidman

Commercial Real Estate, Estate Planning, Divorce & Family Law, Transactions

Status: In Good Standing Licensed: 32 Years

CONTACT

1938 E Lincoln Hwy, New Lenox, IL 60451

Mark Weidman

Commercial Real Estate, Estate Planning, Divorce & Family Law, Transactions

Status: In Good Standing Licensed: 32 Years

CONTACT

1938 E Lincoln Hwy, New Lenox, IL 60451

Frank Hauenschild

Estate Planning, Elder Law, Transactions, Personal Injury

Status: In Good Standing Licensed: 37 Years

CONTACT

1938 E Lincoln Hwy, New Lenox, IL 60451

Michael T. Huguelet

Commercial Real Estate, Estate Administration, Gift Taxation, Business Successions

Status: In Good Standing

CONTACT

10723 W 159Th St, Orland Park, IL 60467

800-923-0641

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LEGAL TERMS

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

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.'

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.

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.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

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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Mokena Estate Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

Robert J Zapolis

Robert J. Leoni

Frank A Hauenschild

Donald Irvin Bettenhausen

Donald Bettenhausen

Jeffrey Soufal

Mark Joseph Weidman

Mark Weidman

Frank Hauenschild

Michael T. Huguelet

TIPS

LEGAL TERMS

NONPROBATE

INVESTOR

TRUST CORPUS

PETITION

AB TRUST

SECONDARY MEANING

GROSS ESTATE

PERSONAL PROPERTY

PROBATE

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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