Steger Estate Lawyer, Illinois

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Kelly Ann Karczmar

Real Estate, Medicare & Medicaid, Social Security, Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  20 Years

Kelly Karczmar

Estate Planning, Wills & Probate, Trusts, Elder Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  20 Years

J. Brent Hopper

Traffic, Estate Planning, Criminal, Transactions
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  40 Years

Roberta Buoscio

Divorce, Transactions, Estate, Family Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  39 Years

Richard Gerardi

Commercial Real Estate, Estate Planning, Estate, Transactions
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  55 Years

Thomas Planera

Real Estate, Estate Planning, Estate, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  36 Years

La Vetta Dianne Wallace Williams

Business & Trade, Litigation, Employee Rights, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  35 Years

Jack Bainbridge

Commercial Real Estate, Estate Planning, Transactions, Business, Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  47 Years

Paul Braun

Estate Planning, Family Law, Divorce, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  45 Years

Dewitt Harley

International Tax, Estate Planning, Estate, Transactions
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  48 Years

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

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LEGAL TERMS

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)
A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

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.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)
A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

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.

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.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)
A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)
The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

DEVISEE

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

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

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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