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Mark T. Neil Lawyer

Mark T. Neil

VERIFIED
Estate, Estate Planning, Trusts, Wills & Probate, Business
We Listen to Our Clients' Needs and Develop Practical Solutions.

Mark T. Neil is an Honors graduate of Shimer College and a graduate of Northwestern University School of Law. He served as law clerk to Honorable Howa... (more)

Ira  Silverstein Lawyer

Ira Silverstein

VERIFIED
Estate, Elder Law, Power of Attorney, Divorce & Family Law, Accident & Injury

Senator Ira I. Silverstein was first elected to the Illinois Senate in 1998. Throughout his tenure representing the 8th Senate District, he has been a... (more)

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800-887-2130

Michael  Zweig Lawyer

Michael Zweig

VERIFIED
Accident & Injury, Workers' Compensation, Bankruptcy & Debt, Estate, Divorce & Family Law

Mr. Zweig was admitted to the Illinois State Bar, New York State Bar, the California Federal Court and United States Army Court of Military Review in ... (more)

Erik B. Diggs Lawyer

Erik B. Diggs

VERIFIED
Divorce & Family Law, Estate

I am a problem solver, not just an Attorney. I look at the whole picture of the problem in order to help you resolve it, whether it is divorce, custod... (more)

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800-942-1310

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Sidney B Margolis Lawyer

Sidney B Margolis

VERIFIED
Income Tax, Estate Planning, Trusts, Wills & Probate
Sophisticated Income and Estate Planning, Income Tax Return Preparation, and Probate Practice.

Sidney B. Margolis earned a Bachelor of Science in Accountancy Degree from the business school at the University of Illinois at Champaign, Illinois, a... (more)

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800-922-6780

Paul J. Prybylo Lawyer

Paul J. Prybylo

VERIFIED
Real Estate, Estate, DUI-DWI, Business, Wills & Probate

Attorney Paul Prybylo has 35 years of experience building long-term relationships with individuals and businesses in the Chicago area. He is a license... (more)

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800-708-3640

Monica-Kaye (MK)  Gamble Lawyer

Monica-Kaye (MK) Gamble

VERIFIED
Estate, Business, Divorce & Family Law, Real Estate, Accident & Injury
experience working and representing businesses, government entities, and individuals in Illinois

The peace of mind attained through competent legal representation is priceless. We make this goal easily attainable. We strive to address individual... (more)

Kenneth  Stoppa Lawyer

Kenneth Stoppa

VERIFIED
Estate, Real Estate, Trusts, Wills & Probate

A founding member of the Law Offices of Garrido & Stoppa, P.C., Kenneth Stoppa is a dedicated attorney who consistently strives to provide affordable,... (more)

Michael Andrew Otte Lawyer

Michael Andrew Otte

Estate, Elder Law, Wills, Trusts, Real Estate

Michael A. Otte concentrates his practice on estate planning, trust administration, and contested and litigated estates and trusts. Additionally, Mich... (more)

Vincent C. Machroli Lawyer

Vincent C. Machroli

VERIFIED
Divorce & Family Law, Paternity, Estate Planning, Bankruptcy, Criminal

OVER 30 YEARS OF EXPERIENCE IN FAMILY LAW, ESTATE PLANNING, REAL ESTATE, AND BANKRUPTCY LAW At the Law Office of Vincent C. Machroli, P.C., we are ... (more)

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LEGAL TERMS

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)
Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)
A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

MARITAL LIFE ESTATE TRUST

See AB trust.

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.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)
A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

CREDIT SHELTER TRUST

See AB trust.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)
The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

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 ...