Use a good XSD Schema to create a set of classes with xsd.exe and use an XmlSerializer to create a object tree out of your XML and vice versa. If you have few restrictions on your model, you could even try to create a direct mapping between you model classes and the XML with the Xml*Attributes.
There is an introductory article about XML Serialisation on MSDN.
Performance tip: Constructing an XmlSerializer is expensive. Keep a reference to your XmlSerializer instance if you intend to parse/write multiple XML files.
