Running a farm isn’t just a business; it’s a way of life and a legacy. But what happens to your farm when you’re no longer around to manage it? Without proper planning, your hard work could be at risk, leaving your family and business in a difficult situation. Estate and succession planning in Illinois are critical tools to protect your …
Life can throw unexpected challenges our way, and planning for those moments can make all the difference. Guardianships in Illinois are a vital legal tool that helps ensure vulnerable individuals, like minor children or disabled adults, are cared for when they can’t care for themselves. At Rincker Law PLLC, we help families in Illinois navigate this complex process to secure …
The Billable Mom with Cari Rincker, Episode 22 Welcome to The Billable Mom Podcast with attorney and mother Cari Rincker. In each episode, Cari will speak with other Billable Moms about working motherhood and the struggles to juggle it all. Our time is precious, both at work and at home. Cari and her guests will explore time management tips and …
The Billable Mom with Cari Rincker, Episode 21 Welcome to The Billable Mom Podcast with attorney and mother Cari Rincker. In each episode, Cari will speak with other Billable Moms about working motherhood and the struggles to juggle it all. Our time is precious, both at work and at home. Cari and her guests will explore time management tips and …
On December 29, 2022, President Biden signed into law new legislation expanding the protections of nursing mothers, known as the Providing Urgent Maternal Protections Act for Nursing Mothers Act (“PUMP Act”). The PUMP Act is intended to enhance existing lactation and pumping protections and close some gaps for workers who were previously left uncovered in 2010 when the Breaktime for …
On December 3, 2024, the U.S. District Court for the Eastern District of Texas declared the Corporate Transparency Act unenforceable and issued a nationwide preliminary injunction,[1] which effectively blocks the law from going into effect. As a reminder, the CTA was signed into law in 2023 and was scheduled to take effect in 2024. The law was enacted as part …
When developing your estate plan, it is nearly impossible to address every account or property you own. There are sure to be some things you unintentionally overlook. However, by including a residuary clause, you can intentionally disburse any remaining items inadvertently left over during the estate or trust administration process to a named beneficiary or group of beneficiaries. Ensuring That …
When people think about estate planning, they usually focus on who will receive their money and property when they pass away and how it will be received. However, estate planning can also address your end-of-life wishes—the considerations and expenses involved when it is time to say goodbye to your loved ones. The following are important questions to ask yourself, as …
Compared to residents of other wealthy nations, Americans are more likely to give their time and money to help others. In 2023, the United States ranked ninth in per capita gross domestic product (GDP) but fifth on the World Giving Index rankings.[1] Polling shows that Americans trust nonprofits more than government or business, but they generally know little about charitable …
Your mortgage, like the rest of your debt, does not simply disappear when you die. If you leave your home that has an outstanding loan to a beneficiary in your will or trust, your beneficiary will inherit not only the property but also the outstanding debt. They may have the right to take over the mortgage and keep the home, …
For many business owners, their business is one of the most valuable and important things they own. When it is time to sit down and create an estate plan, it is critical that business owners plan for their business just as they would plan for their home or finances. Effective business succession planning ensures a seamless transition of ownership upon …
Creating or revising an estate plan can feel overwhelming, causing many people to procrastinate. But the longer you put it off, the more potential there is to be caught unprepared in an emergency. So how can you motivate yourself and your loved ones to begin the process? Here are some strategies to help you overcome some of the negative feelings …