How We Handle Cases
At Ag & Business Legal Strategies, we believe in thorough and extensive intake interviews, lasting between 3-5 hours. We want to save you time, money, and stress.
We find that our initial meetings are the most productive if you have already collected all your documents. Before we meet for the first time, we ask that you:
- Identify a team who can help provide support. This may include a professional farm manager, business advisors, lender, or and/or a tax professional (this team will probably change and develop after the initial meeting).
- Gather all pertinent documents. Please bring copies of all loans, assets and liabilities, cash flow demands, tax returns (personal and business) for the past three years, and business profitability statements.
- Outline goals for you and your farm. Consider your short-term and long-term plans.
- Consider the tax implications of any decision you seek. Our professionals, in conjunction with your tax preparer or accountant, can provide guidance on the tax implications of many different strategies.
Our goal is to strategically plan how realistic objectives can be reached. This requires open communication and collaboration between you, our staff, tax professionals, and others.
We can also connect you with our former clients in Iowa and Illinois. They’ve experienced exactly what you’re going through right now. Success after debt restructuring or bankruptcy is possible—our clients are proof of that.