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 …