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Zach Hunsinger
About | Practice Areas
Hunsinger, Boyd Odom, & Goss, LLP
19624 Governors Hwy. Ste. 1 Flossmoor, IL 60422» view map
Divorce & Family Law
Where Compassion Meets Action

Family issues can be stressful. Turn to Hunsinger, Boyd Odom, & Goss Law Group, LLP to get objective legal counsel for your situation.

800-905-9470
1. Zach Hunsinger Flossmoor, IL
  Attorney at Law- IL, 2013
  Loyola University Chicago School of Law, J.D. 2013
2. AboutHunsinger, Boyd Odom, & Goss Law Group, LLP
  Where Compassion Meets Action
3. Practice AreasExpertise
  Divorce & Family Law
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John T Wozniak

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Estate, Real Estate, Business Organization

John T. Wozniak is the founder of the firm who concentrates his practice in the areas of estate planning, probate, real estate, and business formation... (more)

CONTACT

217-367-1647

108 East Anthony Drive, Urbana, IL 61802

E. Phillips Knox

Banking & Finance, Estate Planning, Wills & Probate, Real Estate

Status:

FREE CONSULTATION

CONTACT

115 N. Broadway Avenue, Urbana, IL 61801

William Roy Scott

Federal Appellate Practice, Estate Planning, Business & Trade, Bankruptcy

Status: Licensed: 50 Years

CONTACT

123 N Garrard St, Rantoul, IL 61866

Craig Ray Hunt

Federal Appellate Practice, Estate Planning, Business & Trade, Bankruptcy

Status: Licensed: 42 Years

CONTACT

123 N Garrard St, Rantoul, IL 61866

Jerry L. Niemann

Commercial Real Estate, International Tax, Estate Planning, Transactions

Status: Licensed: 48 Years

CONTACT

140 N Taft St, Paxton, IL 60957

Scott Edward Perkins

Business, Agriculture, Estate, Real Estate

Status: Licensed: 21 Years

CONTACT

104 South Market Street, Ogden, IL 61859

Scott Perkins

Business & Trade, Estate Planning, Transactions

Status: Licensed: 21 Years

CONTACT

1404 Brunswick Ct., Sidell, IL 61876

Helen Farnsworth Grandone

Real Estate, Wills & Probate, Estate Planning, Elder Law, Estate

Status: Licensed: 30 Years

CONTACT

115 N Broadway Ave, Urbana, IL 61803

Philip W. Peak

Social Security -- Disability, Estate Planning, Workers' Compensation, Personal Injury, Social Security

Status: Licensed: 23 Years

CONTACT

129 W Main St, Urbana, IL 61801

S. Byron Balbach

Estate Planning, Estate, Transactions, Business

Status: Licensed: 48 Years

CONTACT

123 W Main St, Urbana, IL 61801

800-814-6700

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LEGAL TERMS

NET ESTATE

The value of all property owned at death less liabilities or debts.

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.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

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.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

FUNDING A TRUST

Transferring ownership of property to a trust.

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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Penfield Estate Lawyer, Illinois

Sponsored Law Firm

Hunsinger, Boyd Odom, & Goss, LLP

SPONSORED LAWYERS

John T Wozniak

E. Phillips Knox

William Roy Scott

Craig Ray Hunt

Jerry L. Niemann

Scott Edward Perkins

Scott Perkins

Helen Farnsworth Grandone

Philip W. Peak

S. Byron Balbach

TIPS

LEGAL TERMS

NET ESTATE

PETITION

IN TERROREM

ESTATE TAXES

AB TRUST

KINDRED

RESIDUARY ESTATE

LIVING TRUST

FUNDING A TRUST

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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