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 …
Buying or selling farmland in Illinois is a significant financial and legal process. Whether you’re a farmer expanding your operation, an investor looking for agricultural property, or a landowner selling your family farm, understanding the closing process is essential. A successful farmland transaction requires careful planning, legal knowledge, and financial preparation. In this blog, we will share how to buy …
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 …
What was your path to law school? Did you always want to be a lawyer? When I was a very little girl, I wanted to be a lawyer but the truth was, I didn’t know many lawyers and I didn’t understand what they did. It wasn’t until I lived in Washington D.C. and interned in Capitol Hill in agriculture and …
Estate planning can be a challenge for any family. When you consider multi-generational farm families, the process can become more complex. Every member of the family may have their own desires and opinions about the family farm, and this can lead to problems. For those members of the family that currently own the farm, it may be beneficial to consider …