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 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 …
Divorce is never easy, and when a farm is involved, things get a lot more complicated. In this blog, Divorce and the Family Farm in Illinois: What Every Spouse Should Know, we explain how agricultural assets are treated during divorce in Illinois, how to protect your family’s legacy, and why working with a lawyer who understands both divorce and farm …
For generations, farms across Illinois have been passed down from parent to child. But today, many families are asking the same big question: “How can I keep the farm in the family and ensure a smooth transition to the next generation?” Estate and succession planning is essential for any business owner—but it’s especially important for farmers. Unlike other industries, farms …