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How Are Heirs Determined in Illinois?

How Are Heirs Determined in Illinois? An heir is someone who is legally entitled to receive property upon a person’s death. Every state gets to decide who the natural heirs of a decedent are, and the states will publish their own laws of descent and distribution outlining heirship.  The laws of descent and distribution are... Read more »

The 5 Things to do if You Are Named Trustee of a Trust

The 5 Things to Do If You Are Named Trustee of a Trust  If you have been named a trustee of a family member’s or friend’s trust there are many things to know. It is advisable to speak with an attorney to know the full extent of your obligations as trustee. Here are five things... Read more »

Is my Will Valid in Other States?

If I Move to Another State is my Will Still Valid? If you had your Will created in Illinois but plan on moving to another state in the future, there are many things to consider. If your Will was validly executed in Illinois, then other states should honor it. If it was not validly executed... Read more »

What is an Irrevocable Life Insurance Trust?

What is an Irrevocable Life Insurance Trust? An Irrevocable Life Insurance Trust, also known by its acronym, ILIT, is a useful estate planning tool for some families. In the past, when the federal estate tax exemption was much lower, ILITs were much more common. However, they are still useful for some people who have more... Read more »

What is the Illinois Estate Tax?

What is the Illinois Estate Tax? Many Illinois residents are surprised to learn that Illinois has an Estate Tax separate from the more familiar Federal Estate Tax. The Illinois Estate Tax provides for a $4,000,000 exemption from tax per estate. If you have more than $4,000,000 in assets, it is important to speak with an... Read more »

What To Do If You Are Named Executor of a Will

What To Do If You Are Named Executor of a Will in Illinois If you have been named Executor of another person’s will in Illinois, then you are probably wondering what needs to be done during the person’s lifetime and upon their death. Acting as an Executor is a crucial role but one fraught with... Read more »

How to Find Assets of a Deceased Loved One

How to Find Assets of a Deceased Loved One When a person passes away, it is up to his or her Executor (if one was appointed in a Will) to find any assets of the estate. This is referred to as “marshaling the estate assets.” If the decedent had no Will then an Administrator may... Read more »

Navigating the Illinois Court System in Foreclosure

Navigating the Illinois Court System in Foreclosure If you are in foreclosure, upon receipt of the summons and complaint, you will receive information as to what court the foreclosure suit was filed in.  The Illinois state courts have three levels: the circuit level, the appellate court, and the Illinois Supreme Court.  If this is a... Read more »

What Assets are Considered Part of My Taxable Estate?

What Assets are Considered Part of My Taxable Estate? As you may be aware, both the State of Illinois and the Federal government impose estate taxes. An estate tax is a tax that is levied upon a person’s death. The tax takes a percentage of a person’s entire estate. Both Illinois and the Federal government... Read more »

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Johnston Tomei Lenczycki & Goldberg LLC

Phone Number: (847) 549-0600
Fax Number: (847) 589-2263

Libertyville Office
350 N. Milwaukee Ave., Ste. 202
Libertyville, IL 60048

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223 N. IL. Rt. 21, Ste. 14
Gurnee, Illinois 60031

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2100 Manchester Road, Suite 920
Wheaton, IL 60187