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Who is Dan Felix?

Daniel P. Felix advises & counsels families and their trustees about trust administration — and in the right situation, Dan serves as trustee. Dan is a licensed Illinois attorney using his legal and other essential skills to help families navigate the rough waters of disability and death. In this unique expertise, Dan works closely with each family’s estate & financial planners as well as their other advisors. Insured and, on a project basis, bonded, Dan has two employees and a roster of sub-contractors he uses as needed to provide professional continuity as well as efficient support. While serving as fiduciary, Dan recommends the use of a trust protector to provide institutional continuity in the event of his own inability to further serve. Dan typically works on hourly or flat fees. He does not accept or offer referral fees, commissions or any other compensation. As an independent trustee, Dan wrote and believes in the Bill of Trust Beneficiary Rights.

The Professional hats Dan wears:

  • Trustee
  • Successor Trustee
  • Trust Protector
  • Power of Attorney
  • Executor
  • Directing/Directed Trustee
  • Trust Advisor
  • Distribution Trustee

What is Dan's professional mission?

As trustee, I assume the highest responsibility to apply the trust document and law of trust administration to support the beneficiaries. My intention is to provide a personalized approach tailored specifically to those people involved with each trust.

This personalized approach is informed by my professional values:

  • Pursuit of excellence & well-calculated risks.
  • Honoring relationships & spiritual as well as the legal & the financial legacy.
  • Collaboration & simplicity.

    Dan has experience helping in these trust types:

  • Revocable and Irrevocable Trusts
  • Insurance Trusts (ILIT)
  • Special Needs Trusts
  • Grantor Trusts
  • Charitable Trusts
  • Generation Skipping Trusts (GST)

The Values, Pricinples & Beliefs that guides Dan work:

As trustee, I assume the highest responsibility to apply the trust document and law of trust administration to support the beneficiaries. My intention is to provide a personalized approach tailored specifically to those people involved with each trust.

  • Prudently transparent trust administration.
  • Empowerment of primary beneficiary.
  • Preparation of contingent beneficiaries.
  • Encouragement of the legacy and achievement of the grantor, and of the family.
  • Values-based management.
  • Efficient use of resources.
  • Open communications.

Why work with Dan?

Manages
Expectations

Many loved ones feel disappointment and frustration from surprises your documents inadvertently sprung. Dan’s advance work ensures they shed tears for you and not the state of your estate.

Your
goals

The real business of some trustees is to settle family scores, for others it’s their core offering of investments. For Dan it's how does the trust make life better for you and your family.

Builds
bridges

Dan helps you coordinate with your family and your professional team in advance to enhance buy-in, alignment & collaboration, and reduce onboarding friction.

Inventories

Dan helps you to inventory your accounts and possessions to avoid a costly and time-consuming hunt for your assets when you’re no longer there to find and explain them.

Clarity

Dan ensures that your successor and the rest of your team knows what needs to be done and are able & willing to do it, avoiding the pain, delays, and cost of a trust mis-fit.

Ounces
of Prevention

Dan provides a customized “To Do” list revealing shortcuts to accomplish your goals. He shines a preemptive light on potential trouble spots, so they can be resolved now with your guidance.



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Would you benefit from a chat with a professional trustee?

Call Dan or fill out the form to schedule an appointment now.

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