The Illinois Farmer’s Annual Legal Checklist: What to Review Each Season can help farm owners address legal and business issues before they become expensive problems. Farming rarely leaves much time for paperwork, but contracts, leases, insurance policies, employment records, succession plans, and business filings should not be ignored until a dispute or emergency occurs. Dividing these reviews by season can make annual legal planning more manageable.
Winter: Review the Farm’s Business Foundation
Winter is often the best time to step back and review how the farm business is structured. Begin by examining the farm’s partnership agreement, LLC operating agreement, shareholder
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