Farming and ranching is more than just a livelihood; it is about preserving a legacy and a way of life. Unfortunately, many farmers and ranchers fail to create a comprehensive estate plan—or any estate plan at all. Without a proper estate plan, the family farm or ranch, passed down for generations, can end up being sold and converted to nonagricultural …
What if I add my child (who also works on the farm) to the deed for the land and the title to the equipment? Will that automatically transfer the land and equipment to my child when I die, avoiding probate? While some types of joint ownership cause the surviving owner to receive 100 percent of the ownership upon the passing …
Illinois farmers are increasingly approached with opportunities to lease or sell farmland for renewable energy projects or to participate in carbon credit markets. These offers can look attractive—guaranteed income, diversification, and a chance to support clean energy. But they also come with long-term legal and financial risks. In this article, What Illinois Farmers Should Know About Selling or Leasing Land …
For many Illinois farmers, equipment is one of the largest and most important investments they make. Whether you’re purchasing a new tractor, leasing harvesters, or upgrading irrigation systems, these deals often involve significant financial commitments. In this article, Buying or Leasing Farm Equipment in Illinois: Legal Tips for Protecting Your Investment, we share key legal and financial considerations to help …
For Illinois farmers, protecting your land, equipment, and livelihood isn’t just about good crops, it’s about having the right legal foundation. In this article, “Should You Form an LLC for Your Farm? A Guide for Illinois Agricultural Businesses”, we explain how forming a Limited Liability Company (LLC) can safeguard your personal assets, streamline ownership, and position your farm for long-term …
Choosing the right legal structure for your farm isn’t just about paperwork, it can affect your taxes, liability, succession planning, and even your eligibility for certain programs. In this article, How to Legally Structure Your Illinois Farm Business for Growth and Protection, we share the pros and cons of common farm business structures in Illinois so you can select the …
For many farms in Illinois, seasonal workers are essential to keeping operations running smoothly during planting, harvesting, and peak production seasons. But hiring help isn’t as simple as shaking hands and getting to work. In this article, Hiring Seasonal Farm Workers in Illinois: What You Need to Know About Ag Labor Laws, we explain the key state and federal rules …
For many Illinois farm families, the land is more than just soil and crops, it’s a legacy built over generations. Unfortunately, without the right legal planning, that legacy can be torn apart by disputes, probate delays, and tax burdens. In this article, How to Pass Down the Family Farm in Illinois Without a Legal Battle, we share key strategies for …
You and your spouse have recently divorced, and the judge has signed the divorce decree. Now what? Although you may feel that you have spent enough time and money on lawyers, there is one last attorney you need to talk to: an estate planning attorney. Estate planning after divorce is a crucial step to ensure your assets and wishes reflect …
As agriculture evolves in Illinois, more farmers are expanding by buying land, diversifying crops, investing in agri-tourism, or scaling up operations. But growth can come with costly legal missteps. In this blog, Top 5 Legal Mistakes Illinois Farmers Make When Expanding Their Operation, we’ll outline the most common legal pitfalls and how to avoid them so your farm can grow …
You’ve just received your deployment orders. No matter how soon you’re leaving, there’s still time to ensure your affairs are in order. Estate planning for military families is a critical step in protecting your loved ones and securing your legacy while you serve. Review or prepare a Family Care Plan. Regardless of the branch of the military in which you …
If you’re a farmer or agricultural business owner in Illinois, protecting your land, legacy, and livelihood should be a top priority especially when you’re preparing for marriage. In this blog, Why Every Illinois Farmer Should Consider a Prenup Before Getting Married, we’ll explore how prenuptial agreements can safeguard your farm, prevent future legal disputes, and provide peace of mind for …