Getting prepared for divorce mediation in Champaign County is always beneficial. When you are ready for the meeting, things will move smoother, and more issues will be solved. There are several things that you can do to make the mediation process simple and be prepared for your meeting with your divorce mediation lawyer. Write Down Questions If you have issues …
How to Protect Your Business from Lawsuits
Small business owners are no strangers to risk management. Owning and operating a small business entails a certain level of unpredictability. Despite your best efforts to stay on top of supply chains, marketing, sales, competitors, employees, and cash flow, unexpected issues can knock you for a loop. You have survived plenty of bumps in the road and emerged stronger than …
Three Estate Planning Mistakes Farmers and Ranchers Make and How to Avoid Them
Farming or ranching is more than a means of livelihood – it is about preserving a legacy and unique way of life. Unfortunately, many farmers and ranchers fail to make an estate plan. The farm or ranch that has been passed down for generations then ends up being sold and converted into non-agricultural use, cutting the legacy short and ending …
Common Pitfalls in Family-Owned Businesses
Your family and your business are two of your top priorities. You would not do anything to compromise either of them. But working with family members in a family-owned business presents unique challenges that can cause lasting damage to both if not properly managed. Family-owned businesses are capable of the same success as any other business. Walmart, Chick-fil-A, Comcast, Carnival, …
Ask Ruth: Egg Sales in Illinois
Generally speaking, there are two ways an egg producer can sell their flock’s eggs in Illinois. Under Illinois law, producers can sell eggs produced by their own flock directly to household consumers for their personal use without a license or inspection if the eggs are sold directly from the premises where the eggs are produced. If, however you wish to …
A Shelbyville Divorce Mediator Shares 5 Reasons to Mediate Your Divorce
Have you recently made the decision to get a divorce? Are you confused about how to proceed with your divorce? A Shelbyville divorce mediator explains 5 reasons why you may want to mediate your divorce. When it comes to divorce, you have two options: option one is to litigate your divorce and go to court, and option two is to …
Discretionary Trusts – How to Protect Your Beneficiaries from Bad Decisions and Outside Influences
Although leaving your hard-earned assets outright to your children, grandchildren, or other beneficiaries after you die may seem like the easiest and most desired form of distribution, this scheme will make their inheritance easy prey for creditors, predators, and divorcing spouses. Instead, consider using discretionary trusts for the benefit of each of your beneficiaries. What is a Discretionary Trust? A …
Wondering Whether You Need to Update Your Estate Plan?
Yes, You Do, and Here’s Why Please allow us to be frank. It’s unrealistic to think that a piece of paper you draft, reflecting your life at a certain time, will work when your life has completely changed some years later. We’ll use the Kendrick family as an example. Meet the Kendricks Meet Bill and Karen Kendrick. They got their …