Preserving Your Money and Property Beyond the Third Generation

Rincker Law Estate Planning Leave a Comment

Whether you have inherited your wealth or have built it yourself, you likely want to share this wealth with the next generation and beyond. The quotation “shirtsleeves to shirtsleeves in three generations” has often been attributed to Andrew Carnegie. The same concept has been echoed by other people and various cultures, with the underlying notion being that the first generation …

Share this Article

Fears When Talking about Money

Rincker Law Estate Planning Leave a Comment

Studies[1] have shown that the largest contributing factors to generational loss of wealth are a lack of communication and trust among family members and the failure to prepare heirs.[2] Often, fear is what underlies the lack of communication and trust that inevitably leads to unprepared heirs. Following are some of the fears that prevent people from communicating with their loved …

Share this Article

Why Is My Trust So Long?

Rincker Law Estate Planning Leave a Comment

When you met with an attorney a few weeks ago, perhaps all you expected was a simple will. Maybe you thought that, with your situation, the work should be easy and the documents should be few. But now that you have finished working with the attorney, your parting gift is a large binder filled with hundreds of pages. You may …

Share this Article

Ask Cari: Q & A on Farm/Ranch Estate and Succession Plan

Rincker Law Food & Ag Law Leave a Comment

How can the property and finances be split if a succession plan is Not in place? If you don’t have a plan in writing with a Last Will and Testament, Trust and/or business formation documents (e.g., Operating Agreement or Bylaws) then the law will decide for you.  Everybody has an estate plan- it’s what the “default rules” are in your …

Share this Article

What Happens to a Limited Liability Company After a Member Dies?

Rincker Law Business/Commercial Law Leave a Comment

Death is almost always a complicated event for the survivors, who have not only emotional but also logistical considerations to manage. However, when an owner (typically called a member) of a limited liability company (LLC) dies, it exacerbates the difficulties for the surviving members. In addition to bearing the loss, they must determine whether the LLC can or even should …

Share this Article

3 Minute Survey on Farm Estate Planning

Rincker Law Estate Planning, Food & Ag Law Leave a Comment

I am working on a video series on farm estate, business and succession planning.  I would like to get a better feel for what is actually happening in this arena in agriculture.  I have a quick 26 question survey on the topic and it would mean a lot to me if you would take a few minutes to answer these …

Share this Article

Add Farm Estate Planning on Your Farm’s “To Do” List

Rincker Law Food & Ag Law Leave a Comment

I was recently interviewed by Illinois Farmer on farm estate planning, which remains a hot topic in agriculture.  I’m passionate about getting estate and succession planning on your “to do” list and to treat it like any other deadline in your life.  Read the full article here.

Share this Article

Ag Law Today: Estate Planning While Keeping USDA Federal Farm Programs in Mind

Rincker Law Ag Law Today Leave a Comment

Excited about this episode of Ag Law Today featuring our very own Stephanie Bradley Fryer, our Texas Of Counsel attorney.  We are talking farm estate planning and its effects on USDA federal farm programs — a combo discussion that you won’t want to miss.  Don’t forget to subscribe on YouTube or iTunes!

Share this Article

Episode 15: Farm Estate Planning with Pat Dillon

Rincker Law Estate Planning, Food & Ag Law Leave a Comment

I feel blessed to talk about any ag law topics with Pat Dillon, much less such an important topic as farm estate planning.  He is oh-so-practical.  You can listen to our conversation here. Don’t forget to subscribe on iTunes or YouTube so you don’t miss a beat… #kthanksbye

Share this Article

Episode 11 of Ag Law Today: Farm Succession Planning

Rincker Law Food & Ag Law Leave a Comment

Hear me speak with the one and only Prof. Shannon Ferrell on one of my favorite topics… passing the farm to the next generation.  It’s on YouTube here.  You can also subscribe on iTunes.

Share this Article

Episode 4 of Ag Law Today: Last Will and Testaments

Rincker Law Estate Planning, Food & Ag Law, Podcasts Leave a Comment

Hear me discuss all things Last Will and Testaments on this week’s Ag Law Today along with Deborah Kaminetzky, who has been a mentor of mine since the infancy of my law practice (you have her to thank for my matrimonial part of my law practice).  Listen as Deborah bestows her wisdom to us.

Share this Article