Schaumburg Estate Planning Lawyer, Illinois, page 2

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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
1. Contact
2. Email
3. Refer
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Includes: Gift Taxation

Mary Brady

Landlord-Tenant, Real Estate, Estate Planning, Transactions

Status: Licensed: 41 Years

CONTACT

105 S. Roselle Road, Schaumburg, IL 60193

John P. Kelley

Business Organization, Estate Planning, Family Law, Wills & Probate

Status:

CONTACT

1535 W Schaumburg Rd, Schaumburg, IL 60194

Thomas Winkler

Tax, International Tax, Estate Planning, Business & Trade, Real Estate

Status: Licensed: 43 Years

CONTACT

1699 E Woodfield Rd, Schaumburg, IL 60173

James Hamill

Estate Planning, Transactions, Business, Personal Injury

Status: Licensed: 17 Years

CONTACT

200 W. Higgins Road, Schaumburg, IL 60195

Ralph Schumann

Real Estate, Estate Planning, Estate, Transactions

Status: Licensed: 42 Years

CONTACT

1701 E Woodfield Rd, Schaumburg, IL 60173

Tommy Haught

Litigation, Estate Planning, Civil Rights, Transactions

Status: Licensed: 26 Years

CONTACT

939 N Plum Grove Rd, Schaumburg, IL 60173

Scott Zambo

Estate Planning, Divorce & Family Law, Criminal, Business & Trade, Intellectual Property

Status: Licensed: 19 Years

CONTACT

1535 West Road, Schaumburg, IL 60194

Donald Hitzel

Estate Planning, Transactions, Business & Trade, Business, Commercial Real Estate

Status: Licensed: 42 Years

CONTACT

1700 Peach Lane, Schaumburg, IL 60194

Edward Mraz

Land Use & Zoning, Municipal, Estate Planning, Corporate

Status: Licensed: 68 Years

CONTACT

111 E Irving Park Rd, Roselle, IL 60172

Patti Levinson

Estate Planning, Family Law, Divorce & Family Law, Products Liability

Status:

CONTACT

1933 N Meacham Rd, Schaumburg, IL 60173

800-814-6700

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LEGAL TERMS

FAILURE OF ISSUE

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

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

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.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.'

SAMPLE LEGAL CASES

Dunn v. Patterson

... for them. The circuit court of Will County entered judgment on the pleadings, finding, as a matter of law, that provisions in certain estate planning documents prepared by defendant were contrary to public policy and void. The ...

Fitch v. McDermott, Will and Emery, LLP

... Around the same time, defendants Joseph Dietrich and John Dietrich (hereafter the Dietrichs), both certified public accountants, provided financial and accounting services for estate planning purposes to Victoria and her husband, plaintiff Thomas Fitch. ...

In re Estate of Henry

... Accordingly, the estate petitioned the court to allow the estate to execute estate planning documents for Henry which, it contended, were consistent with his known wishes and which would be "free from the taint of the undue influence and fraud which was assembled upon the ...

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Schaumburg Estate Planning Lawyer, Illinois, page 2

Sponsored Law Firm

Hunsinger, Boyd Odom, & Goss, LLP

SPONSORED LAWYERS

Mary Brady

John P. Kelley

Thomas Winkler

James Hamill

Ralph Schumann

Tommy Haught

Scott Zambo

Donald Hitzel

Edward Mraz

Patti Levinson

TIPS

LEGAL TERMS

FAILURE OF ISSUE

DISTRIBUTEE

NONPROBATE

SUMMARY PROBATE

PROPERTY CONTROL TRUST

ESTATE PLANNING

DISCHARGE (OF PROBATE ADMINISTRATOR)

EXEMPTION TRUST

TRUST CORPUS

SAMPLE LEGAL CASES

Dunn v. Patterson

Fitch v. McDermott, Will and Emery, LLP

In re Estate of Henry

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