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.
Click here TO SCHEDULE A No-OBLIGATION CONSULTATION
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.