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John Lynch
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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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William James Cotter

International Tax, Estate Planning, Transactions, Business

Status: Licensed: 47 Years

CONTACT

835 Mcclintock Dr, Willowbrook, IL 60527

Daniel Joseph Mccarthy

Estate Planning, Estate, Business & Trade, Business

Status: Licensed: 29 Years

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835 Mcclintock Dr, Willowbrook, IL 60527

Arthur Joseph Data

Traffic, Estate Planning, DUI-DWI, Transactions

Status:

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9959 S Roberts Rd, Palos Hills, IL 60465

Sara Spitler

Real Estate, Lawsuit & Dispute, Estate, Employment

Status: Licensed: 27 Years

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835 Mcclintock Drive, Willowbrook, IL 60527

Valerie A. Varney

Real Estate, International Tax, Estate Planning, Transactions, Tax

Status: Licensed: 32 Years

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7420 S County Line Rd, Willowbrook, IL 60527

Nora Hurley Marsh

Commercial Real Estate, Trusts, Estate Planning, Elder Law

Status:

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200 S Frontage Rd, Willowbrook, IL 60527

Laura Sluis

Estate Planning, Estate, Elder Law

Status:

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1023 W 55Th Street, La Grange, IL 60525

James Bebawy

Real Estate, Immigration, Estate Planning, Estate

Status: Licensed: 13 Years

CONTACT

621 W. Plainfield Road, Willowbrook, IL 60527

Richard Holmberg

Estate Planning

Status: Licensed: 29 Years

CONTACT

6725 Kingery Hwy, Willowbrook, IL 60527

James Mosteller

Industry Specialties, Estate Planning, Business, Bankruptcy & Debt

Status: Licensed: 29 Years

CONTACT

6725 Kingery Hwy, Willowbrook, IL 60527

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LEGAL TERMS

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

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.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

MARITAL LIFE ESTATE TRUST

See AB 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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Willow Springs Estate Lawyer, Illinois

Sponsored Law Firm

Lynch Law, LLC

SPONSORED LAWYERS

William James Cotter

Daniel Joseph Mccarthy

Arthur Joseph Data

Sara Spitler

Valerie A. Varney

Nora Hurley Marsh

Laura Sluis

James Bebawy

Richard Holmberg

James Mosteller

TIPS

LEGAL TERMS

ACCUMULATION TRUST

GRANT DEED

DISCHARGE (OF PROBATE ADMINISTRATOR)

EXECUTOR

ENTITY

CONTINGENT BENEFICIARY

POWER OF APPOINTMENT

GRANTOR RETAINED INCOME TRUST

MARITAL LIFE ESTATE TRUST

SAMPLE LEGAL CASES

In re Estate of Feinberg

In re Estate of Feinberg

In re Estate of Ellis

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