Bringing up the topic of a prenup with your fiancé in Illinois may feel uncomfortable but having an open and honest conversation about finances before marriage is essential for a strong foundation. A prenuptial agreement (prenup) is not about planning for divorce—it is about setting clear expectations, protecting assets, and ensuring financial security for both partners. If you are wondering …
Happy 18th Birthday! Now What?
Congratulations! You are now legally an adult. Although you may not feel any different, from a legal standpoint, a great deal has changed. When you were a minor (under age 18), your parents were your legal guardians responsible for making all your decisions. Now that you are an adult, their legal authority over you is limited, if not completely nonexistent. …
Why Every Connecticut Couple Needs a Prenup Agreement
Marriage is a significant commitment, both emotionally and financially. While discussing a prenup agreement might not be the most romantic conversation, it’s one of the smartest financial decisions couples in Connecticut can make. In this blog, we will discuss why every Connecticut couple needs a prenup agreement. A prenuptial agreement (prenup) helps protect both parties by outlining financial expectations, safeguarding …
FinCEN Provides No Fines or Penalties for Late Beneficial Ownership Reporting – What Companies Should Know Breaking News: FinCEN Waives Enforcement of BOI Deadline Filings
On February 27, 2025, FinCEN released a significant notice regarding the enforcement of Beneficial Ownership Information (BOI) filing under the Corporate Transparency Act (CTA). The agency indicated that it will not enforce fines, penalties, or enforcement against companies for failing to file or update BOI reports (BOIR) by current deadlines. What This Means for Businesses If your business qualifies for BOI reporting under Corporate …
HIPAA: An Overview for Young Adults
The Federal Health Insurance Portability and Accountability Act of 1996 (HIPAA) was enacted to provide guidelines to the healthcare industry for protecting patient information and preserving privacy. This is usually a nonissue for minors because parents, as legal guardians, generally have access to their children’s medical information, make most of their medical decisions, and pay the expenses. However, once an …
Estate Planning Basics for Newlyweds: How to Prepare for the Unexpected
Getting married is a special time in your life; you may have a beautiful wedding, a fun reception (with a delicious cake and special gifts), and a romantic honeymoon. It is also the right time for you and your new spouse to plan for your future—for richer or for poorer, in sickness and in health. Why You and Your New …
Uncontested Divorce in New York: How Mediation, Negotiation, and Collaborative Law Can Save You Time and Money
Going through a divorce doesn’t have to be a long, expensive, and stressful court battle. Uncontested divorce in New York is a smarter, more efficient way for couples to separate amicably while maintaining control over their futures. At Rincker Law PLLC, we help individuals in Manhattan, Queens, Bronx, Long Island, and Staten Island navigate uncontested divorces through negotiation, mediation, and …
Divorce Mediation in New Jersey: A Cost-Effective and Less Stressful Alternative to Litigation
Divorce is often associated with conflict, high legal fees, and lengthy court battles. However, divorce mediation in New Jersey provides an alternative that is less stressful, more affordable, and allows both spouses to maintain greater control over the outcome of their separation. If you and your spouse are willing to work together, mediation can help you reach a fair agreement …
BOI Reporting Deadline Extended to March 21, 2025: What You Need to Know
Businesses subject to the Corporate Transparency Act (CTA) must now report Beneficial Ownership Information (BOI) to FinCEN by March 21, 2025—an extension from the previous deadline. Key Updates January 7, 2025: A court ruling paused BOI reporting requirements. February 18, 2025: The stay was lifted, reinstating the requirements. FinCEN extended the compliance deadline to March 21, 2025 to allow businesses …
Divorce Mediation in Kentucky: How It Works and Why It’s a Smart Choice
Divorce is often stressful, emotional, and expensive, but it doesn’t have to be. Divorce mediation in Kentucky offers a cost-effective, amicable alternative to traditional litigation, allowing couples to reach fair agreements while maintaining control over their future. At Rincker Law PLLC, we help families in Louisville, Lexington, Bowling Green, Owensboro, Covington, and other Kentucky cities navigate divorce mediation with clarity …
Estate Planning for the Newly Married
Now is the perfect time to start working on an estate plan. As newlyweds, you are likely in the process of deciding which of your accounts and property (your assets) to combine and how to turn two households into one. You may also be setting up new bank accounts and creating a plan for paying shared bills and other expenses. …
Step-by-Step Guide on How to Start a Non-Profit in Illinois
Starting a non-profit in Illinois is a rewarding way to make a difference in your community while benefiting from legal and tax-exempt protections. Whether your mission is to support education, provide social services, or advocate for a cause, setting up a non-profit requires careful planning and compliance with Illinois state laws and federal IRS regulations. At Rincker Law PLLC, we …