Achieve Financial Security With A Bespoke Financial Trust
If you believe that a trust is only an allowance for very wealthy people, you’d be surprised to realize that they can be much, much more than that. A trust can help protect assets for your heirs, preserve a house for your spouse, and provide the means for your children to realize their educational dreams. Trusts can also be used as part of a comprehensive approach to creating and growing wealth, and a vital part of maintaining generational wealth. The assets in your trusts can be protected from creditors and ensure that you have the means to pay for end-of-life care (including if you plan to enroll in Medicaid). Our Lisle, IL trust lawyer guides you through the trust formation and management process, ensuring that it aligns with your fiscal goals.
At Madden Law LLC, we believe in making Illinois estate laws work for you. We know that you have people to provide for, certain protections you need for a comfortable future, and deserve the full protection provided by professional estate planners. A trust is a valuable part of your estate plan.
What can a trust do for you? We invite you to learn more by calling our firm free of charge or filling out our online contact form to set an appointment.
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Trusts Protect Everything You’ve Worked So Hard To Earn
A trust isn’t a monolithic estate planning document. There are actually several different kinds of trusts, with conditions and requirements that must be met for the trust to accomplish its goals. Depending on how the trust is constructed, it can:
- Preserve a family home so a widowed spouse has somewhere to live without affecting the transfer of the property
- Provide the means for a child’s education and other needs
- Pay for the needs of a special needs child or adult that their medical insurance and government benefits do not cover
- Allow you to benefit from money and assets without legally owning them
- Protect assets from seizure by creditors, even in a lawsuit
- Ensure you qualify for Medicaid without sacrificing all your money
A trust in Illinois can do much more. Our Lisle trust lawyer provides the personalized guidance and legal assistance necessary to create the right trust or trusts to protect your assets and meet your goals.
Safeguard Everything You Worked So Hard For
A trust must be properly constructed according to Illinois law to be effective at protecting and growing the assets it owns; otherwise, it may not accomplish its goals. Our attorneys have decades of combined estate planning experience and stay updated on changes in the Illinois Estates Code that could impact your trust. We carefully create the right trust for your needs, executed in accordance with the law.
Our legal advocacy and support don’t end there. The attorneys at Madden Law LLC also act as trustees, the managers of the trust. If you have an irrevocable trust and don’t have anyone in your life you can rely on to administer it, a member of our legal team can handle that responsibility. We have a deep commitment to our fiduciary duties and can be trusted to manage the trust according to your wishes.
Are you ready to establish a trust to help grow your wealth? Please contact our firm today to schedule a consultation with our Lisle trust lawyer.
Types Of Trust Cases We Handle
At Madden Law LLC, we provide representation in a wide range of trust-related matters for families, individuals, and businesses. Trusts are an important tool for managing and protecting assets, but disputes can arise that require experienced legal support. David Madden, our lead attorney, founded Madden Law LLC in 2025 after a successful twenty-year career representing corporations and high-net-worth individuals at national and regional firms. Dave’s goal is to offer cost-effective solutions tailored to the needs of his local community. Our Lisle, IL trust lawyer team practices in the realm of bankruptcy, estate planning, small business planning, commercial litigation, and collections, but trust law remains a key area where we assist clients with care and attention.
Disputes Over Trust Creation
Questions may arise over whether a trust was properly created or if the document reflects the true intent of the person establishing it. We represent clients seeking to confirm or contest the validity of a trust.
Trustee Misconduct Cases
Trustees have significant responsibilities, and misconduct can create financial and emotional strain. We handle cases where trustees are accused of misusing assets, failing to provide information, or not fulfilling their obligations.
Beneficiary Disagreements
Beneficiaries may disagree about how trust assets are managed or distributed. We represent individuals in resolving these disputes while protecting both financial and legal interests.
Trust Modification Or Termination Issues
Sometimes a trust no longer serves its original purpose or requires changes due to changing circumstances. We assist clients in seeking court approval to modify or end a trust when appropriate.
Accounting And Reporting Disputes
Trustees are generally required to keep accurate records of trust activity. When accounting is missing, incomplete, or misleading, our Lisle trust lawyers represent beneficiaries in pursuing transparency and accountability.
Asset Distribution Challenges
Disputes often arise about how and when trust assets should be distributed. We work to resolve these issues by interpreting trust language and advocating for our client’s rights.
Family Business Trust Issues
When a trust includes a family-owned business, conflicts can develop over control, management, and succession. We handle these disputes with a focus on both family dynamics and business needs.
Charitable Trust Disputes
Charitable trusts are designed to serve public or charitable purposes, but disagreements may occur about how funds are used. We represent individuals, organizations, and trustees in these matters.
Revocable And Irrevocable Trust Conflicts
Revocable and irrevocable trusts each come with unique rules and obligations. We assist clients with disputes that arise from either type, including management and distribution issues.
Contested Amendments
Disputes may occur when someone challenges whether changes made to a trust were valid. We handle cases involving claims of undue influence, lack of capacity, or improper execution.
Let Us Help
Trust disputes can be stressful and disruptive, but with the right legal support, resolutions are possible. At Madden Law LLC, our Lisle trust lawyer team is committed to serving clients with steady, cost-conscious representation. If you need help, contact us today to discuss your situation and let us protect your interests with skill, dedication, and reliable support.
Trust FAQs
When clients come to us with questions about estate planning, they often want clarity, confidence, and a plan they can trust. Our Lisle, IL trust lawyer team, puts the law to work for you by offering clear guidance backed by real-world experience. Our goal is to help you understand the tools available to protect your assets, support your family, and create long-term stability. Below, we address some of the most common questions we hear from individuals considering a trust.
What Is The Difference Between A Will And A Trust?
A will takes effect only after you pass away, directing how your property should be distributed and naming guardians for minor children. A trust, on the other hand, can function during your lifetime and after your death. It allows you to manage assets while you are alive, appoint a trustee to carry out your instructions, and keep your estate private by avoiding probate. Clients often choose a trust when they want more control, added privacy, and a smoother transition for their loved ones. Both documents play valuable roles, depending on your goals.
Who Should Consider Creating A Trust?
A trust is beneficial for many types of clients, not only those with large estates. Individuals who want their assets distributed efficiently, prefer privacy, or wish to avoid probate often find that a trust meets their needs well. Parents with minor children, business owners, blended families, and those planning for long-term care regularly choose trusts as part of their planning strategy. A trust can also help clients prepare for incapacity by appointing someone to manage assets if needed. Anyone who wants more flexibility and structure in their estate plan should consider whether a trust aligns with their priorities.
What Types Of Trusts Are Available?
There are several types of trusts designed to address different goals. Revocable living trusts allow you to retain control of your assets while setting clear instructions for future management. Irrevocable trusts can help with asset protection, charitable giving, or tax-related strategies. Special needs trusts provide financial support for loved ones with disabilities without jeopardizing government benefits. Charitable trusts support causes that matter to you while offering potential financial advantages. Asset-protection trusts help secure property from certain risks. Each option carries unique benefits, and selecting the right one depends on your long-term plans and personal circumstances.
Do I Lose Control Of My Assets If I Place Them In A Trust?
With a revocable living trust, you maintain full control. You can amend, remove, or add assets at any point during your lifetime, and you continue to manage them just as you do now. If you choose an irrevocable trust, the structure functions differently because the trust—not you—owns the assets. This design supports specific protection goals but limits your direct involvement. The decision depends on what you value most: flexibility, asset protection, long-term planning, or a combination of these. With the right guidance, clients select a structure that matches their comfort level and desired level of control.
How Long Does It Take To Set Up A Trust?
The timeline depends on your goals, the number of assets you wish to include, and the amount of preparation required. Some clients complete the process quickly when they have clear instructions and readily available documents. Others need more time to gather financial information, identify trustees, or make decisions about beneficiaries. Once your plan is in place, our Lisle trust lawyer drafts the trust, reviews each section with you, and finalizes the document. Additional time may be needed to transfer assets into the trust. Our team supports you through every step so that the process feels manageable and well-structured.
Protect Your Legacy With Confidence
At Madden Law LLC, our team is committed to providing thoughtful, strategic guidance that puts your goals first. When you work with our Lisle trust lawyer, you receive focused attention, skilled legal analysis, and steady support throughout the planning process. We draw on years of experience to deliver dependable solutions, and we approach every case with compassion and a results-driven mindset. Schedule a meeting with our estate planning professionals today and take the next step toward protecting your future.