Illinois Law Blog

Bankruptcy

At O'Flaherty Law we are your community law firm. Our DuPage Attorneys are committed to providing exceptional client service in a cost-effective manner in the areas of Family Law, Probate, Estate Planning, Civil Litigation, Guardianship, Criminal Defense, Corporate & Contract Law, Bankruptcy and Real Estate.

We were honored to recently be named as one of the Ten Best Attorneys for Client Satisfaction by the American Institute and to be the recipient of the Avvo Client's Choice Award for Divorce & Estate Planning.

DuPage Divorce Attorney | Naperville Attorneys

How to Manage a Charitable Trust in Illinois | Required Registrations and Filings for Illinois Charitable Trusts

For any Illinois charities that have more than 4,000 dollars in property and/or assets within a 12-month period, trustees are required to file a registration statement with the Bureau prior to its disbursement. In this case, a trustee is considered any person, individual, group of individuals, association, corporation, not-for-profit corporation, estate representative, or other legal entity holding property for or solicited for any charitable purpose.

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