I was having my “Miracle Morning” this morning and catching up on the the news. I came this article in USA Today by Rhonda Abrams titled “8 Keys to Running a Family Business.” When I hear “family business,” I cannot help but think about multi-generational food and agriculture businesses. Here are Rhonda’s tips: Decides who does which job. Like a …
Ask Cari: Questions on Divorce, Debt and Prenups
Here are some recent answers from some questions I received on the Big D’s (Divorce, Debt, and Death): 1. What should people know when it comes to your spouse¹s debt when it comes to death or divorce? In most states, all debt obtained by either party after the date of the marriage is considered marital debt while debt incurred before …
Cari’s 6 Tips for Married Folks
I was recently interviewed regarding my “tips for married couples”. I’m a single gal and have never been married myself; however, I feel like I’ve learned a lot about married from my chair as being a matrimonial lawyer. For what’s it’s worth, here are my $0.02. (p.s. – Happy Pi Day!) 1. Talk About Finances. When people are going through …
Are you a “DBA” in Illinois?
There are several food and agriculture businesses that are a sole proprietorship or general partnership that operate as a DBA. For example, my own cattle business is really Cari Rincker d/b/a Rincker Cattle Co. My parents’ cattle operation is Curt & Pam Rincker d/b/a Rincker Simmentals. DBA’s are ubiquitous in the food and agriculture industry. However, have you cross your …
Ask Cari: Tips on Public Speaking
I was recently interviewed by an agriculture youth organization about public speaking skills and public speaking contests. Here are my answers! 1) Tell us a little bit about yourself along with your background in agriculture. I grew up on a Simmental farm in Central Illinois showing cattle through 4-H, FFA, and the American Junior Simmental Association (“AJSA”). I judged livestock …
Illinois Family Law: Was Your Marriage Invalid?
When two people are going through a divorce, one of the first things courts consider is whether the marriage itself was VALID. Albeit rare, under Illinois law, parties can assert a ground for dissolution of the marriage alleging that the marriage itself was not valid. Here are a few of the possible reasons: a party lacked property capacity to consent to …
Illinois Family Law: Common Law Marriage
Interestingly, Illinois does not recognize common law marriage (i.e., when two people cohabitate and hold the other out as a spouse for a certain period of time); however, Illinois WILL recognize a common law marriage in other state if that couple then moves to Illinois and then wants a divorce. Importantly, this doesn’t affect child support if there are kidlets …
Farm Machinery Leases
Leasing farm equipment, rather than buying it, may be appropriate when the equipment is only needed for a short period of time or if the value of the equipment will be low after the intended use or if the farmer is limited by income or funds. The following terms are what should be included in the lease for lease of …
Some Considerations for General Partnership Agreements
Happy Post- Thanksgiving Break. I ate a lotta turkey down in College Station, Texas over the weekend. So I’ve been getting a lot of questions about partnership agreements lately. A partnership arises when two or more people agree to share in the profits and losses of a business. Oftentimes in business, especially in the food and agriculture industry, partnerships are …
Shhhhhhh– Some Considerations for Those Pesky NDA’s
In many types of business agreements, including agricultural ones, it is important for parties to be able to safeguard information they wish to remain secret. Non-disclosure agreements (“NDAs”) can be helpful in ensuring that information stays between the parties of the agreement. Put simply, there are two types of NDAs: bilateral and unilateral. A bilateral NDA is one where both …
Lawline Presentation on the Veterinary Feed Directive
I gave a presentation a few weeks ago on the Veterinary Feed Directive via Lawline. You can listen to the video below; however, if you would like to get a copy of my presentation materials (and get CLE credits for you lawyers!) then please register with Lawline here. I break this presentation into 2 parts: (1) I review the background …