Law Office of Franklin J. Furlett, Ltd.
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Wills & Trusts:

​Trusts

Our trust lawyers are here to help you...

​At the Law Office of Franklin J. Furlett we have been crafting living and testamentary trusts for our clients for years.  Trusts are a legal way to avoid putting an estate into the court system.  A trust is special legal device to transfer assets to beneficiaries either during your life or after your death.  The legal term "trust" sometimes scares people.  It sounds complex and many people think it is a thing only used by the rich.  In truth, there are many types of trusts.  Some trusts are simple and some are complex.

A trust has three main parts:  the settlor, the trustee, and the beneficiaries.  The settlor is the person who puts money into a trust, the trustee is the person who watches over the items and money in the trust, and the beneficiaries are the people who get an interest in the trust (which can occur immediately or upon a future contingency).  When you make a trust, you transfer legal ownership of your items into the trust and generally retain the ability to use the items or money for your life.  When you either pass away or another contingency happens, the items or monies pass to the beneficiaries. 

​In Illinois, you can put your money, real estate, and personal items in a trust so that when you die your family does not need to go through the tremendous expense and emotional toll of probate court.  The probate process is a way to transfer property using the court system.  In probate court, a judge looks at the will that an individual has made, determines if the will is valid, and then a period of 6 months is given to allow creditors to file claims against the estate.  If you distribute these moneys before claims from creditors are resolved you may be personally liable for any claims against the estate.  The probate process can be both expensive and lengthy.  To avoid the expense and emotional toll of probate, you should consider creating a trust.  To contact an Illinois trust attorney about making a new trust or modifying an existing trust, contact the Law Office of Franklin J. Furlett at 847-352-6226 or use our contact form:  
Contact Us
Copyright © 2016 Joseph F. Furlett.  All rights reserved.
​Law Office of Franklin J. Furlett, Ltd., 335 West Wise Road, Schaumburg, IL 60193

​ATTORNEY ADVERTISING DISCLOSURE:
Please note that the information on this website is not and cannot be considered legal advice.  The website contains advertising information for the Law Office of Franklin J. Furlett.  Reading this website does not create an attorney-client privilege and the materials you are reading are not legal advice.  Please be advised that the Law Office of Franklin J. Furlett and its attorneys cannot be held liable for any statutes of limitations that run out before you talk to an attorney at the Law Office of Franklin J. Furlett.  You as the reader must be aware that if you do not contact an attorney quickly any claims you have may be barred by law.  To contact an attorney at the Law Office of Franklin J. Furlett in Schaumburg, IL to get legal advice, either use the contact form in the navigation panel or call 847-352-6226.

Our Office:

725-IL 19 Irving Park Road #B, Roselle, IL 60172

Expertise.com

Our Attorneys:

 Frank Furlett, Principal and Founder 

​
Joseph Furlett., Of Counsel
Picture
Law Office of Franklin J. Furlett
   General Practice since 1980


Franklin J. Furlett, Principal

Joseph F. Furlett, Of Counsel
​

Practice Areas:

Business Law
Civil Rights Compliance
Clemency Petitions
Corporations
Contracts
Criminal Defense
Elder Planning 
​Estates & Probate
Internal Investigations
Medical Malpractice
Personal Injury
Probate & Estates
Real Estate
Real Estate: Commercial
Real Estate: Residential
​Wills & Trusts
Workers' Compensation
Wrongful Death

Tel: 847-352-6226
Contact Us
ATTORNEY ADVERTISING DISCLOSURE:
Please note that the information on this website is not and cannot be considered legal advice.  The website contains advertising information for the Law Office of Franklin J. Furlett.  Reading this website does not create an attorney-client privilege and the materials you are reading do not contain legal advice.  Please be advised that the Law Office of Franklin J. Furlett and its attorneys cannot be held liable for any statutes of limitations that run out before you talk to an attorney at our office.  You as the reader must be aware that if you do not contact an attorney quickly, any claims you have may be barred by law.  To contact an attorney at the Law Office of Franklin J. Furlett in Schaumburg, IL, either use the contact form in the navigation panel or call 847-352-6226.
​The lawyers at the Law Office of Franklin J. Furlett, Ltd. help clients in Schaumburg, Hoffman Estates, Glendale Heights, Bloomingdale, Roselle, Chicago, St. Charles, Naperville, Wheaton, Lombard, Bartlett, Inverness, Mt. Prospect, and other neighboring areas.  The Law Office of Franklin J. Furlett is located in Cook County and our lawyers help clients in Cook, DuPage, Kane, McHenry, Kendall, Grundy, Will, and Lake Counties.  

Joey Furlett is also licensed as an attorney in Hawaii, and provides advice and services to clients located throughout Hawaii. 

​We are proud and honored to help and serve our clients. 
​
Click here to see our full list of our practice areas.
Copyright © 2020 Joseph F. Furlett.  All rights reserved.
725-IL 19 Irving Park Road #B, Roselle, IL 60172
Stock photos courtesy of BigStock
  • Home
  • Our Attorneys
    • Franklin J. Furlett
    • Joseph F. Furlett
  • Practice Areas
    • Business Law
    • Criminal Defense >
      • DUI / DWI
      • Misdemeanor
      • Felony
    • Commercial Real Estate >
      • Commercial Purchases
      • Commercial Sales
      • Commercial Leases
    • Contracts >
      • Nursing Home Contracts
      • Employment Contracts
      • Tech Contracts
      • Music Recording Contracts
    • Corporations
    • Divorce >
      • Contested Divorce
      • Uncontested Divorce
    • Elder Planning >
      • Assisted Living
      • Nursing Home Contracts
      • Medicare Plans
      • Retirement Homes
      • Hospice
    • Internal Investigations >
      • Academic Dishonesty Investigations
      • Firing Consultations
      • National Origin Harassment Investigations
      • Private Business Personnel Misconduct Investigations
      • Racial Harassment Investigations
      • School and State Personnel Misconduct Investigations
      • Sexual Harassment Investigations
      • Workplace Investigations
    • Medical Malpractice >
      • Bad Surgery
      • Wrong Diagnosis
    • Personal Injury >
      • Car Accidents
      • Dog Bites
      • Trip and Fall
      • Bus Injury
      • Negligent Acts
      • Intentional Acts
    • Pre-nuptual Agreements
    • Probate & Estates >
      • Small Estates
      • Complex Estate Administration
      • Intestacy (when a loved one dies without a will)
      • Funeral Home Contracts
    • Real Estate >
      • Property Litigation
      • Residential Real Estate >
        • Property Purchase
        • Property Sale
    • Wills & Trusts >
      • Complex Estate Administration
      • Trusts
      • Wills
    • Workers' Compensation >
      • Workers' Comp FAQ
      • Back Injury
      • Broken Bones
      • Joint Injury
      • Torn Muscle
      • Rotator Cuff Tear
      • Herniated Disc
      • Repetitive Stress Injury
      • Complex Injuries
      • Degenerative Disease
      • Death Benefits
      • Lung Problems
    • Wrongful Death
  • Contact Form