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Newton Estate Lawyer, Illinois

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1-10 of 32 matches. Page 1 of 4  

Chad Michael Miller

Government, Estate, Divorce & Family Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  16 Years
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100 W. Jourdan, Newton, IL 62448
Profile LAWPOINTS™17/100
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Peter Abernethy Morse

Environmental Law, Trusts, Environmental Law Other, Trusts, Securities
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  57 Years
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1102 N East St, Olney, IL 62450
Profile LAWPOINTS™34/100
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Ray Vaughn

Real Estate, Estate, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  44 Years
CONTACT
108 E Main St, Olney, IL 62450
Profile LAWPOINTS™17/100
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Jon Racklin

Estate Planning, Criminal, Business & Trade, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  20 Years
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414 E York St, Olney, IL 62450
Profile LAWPOINTS™32/100
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Chelsey C. Hurn

Traffic, Estate Planning, Criminal, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  13 Years
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305 E Main St, Olney, IL 62450
Profile LAWPOINTS™32/100
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Chelsey Clark

Divorce & Family Law, Criminal, Bankruptcy, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  13 Years
CONTACT
305 E. Main St., Olney, IL 62450
Profile LAWPOINTS™27/100
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Tom Loftin Weber

Estate Planning, Transactions, Wills & Probate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  53 Years
CONTACT
101 S Elliott St, Olney, IL 62450
Profile LAWPOINTS™22/100
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Jeffrey Eldon Fleming

Commercial Real Estate, International Tax, Estate Planning, Family Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  54 Years
CONTACT
420 Whittle Ave, Olney, IL 62450
Profile LAWPOINTS™27/100
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Patrick Michael Burke

Real Estate, Estate Planning, Transactions, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  49 Years
CONTACT
2001 East Main St, Olney, IL 62450
Profile LAWPOINTS™24/100
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Jay Stieber

Real Estate, International, Personal Injury, Personal Injury, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  53 Years
CONTACT
2001 East Main Street, Olney, IL 62450
Profile LAWPOINTS™17/100
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Member Representative

800-814-6700

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

Member Representative

Call me for fastest results!
800-814-6700

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

By submitting this request, I authorize you to forward my information to multiple potential lawyers and I agree to your Terms of Use and Privacy Policy including the Consent to Receive Automated Phone Calls, Emails and Texts. Information you provide is not privileged or confidential.

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LEGAL TERMS

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)
A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)
An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)
Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)
The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)
A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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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