Dave Holaday and Jeff Saunders have been friends and colleagues for over 25 years. Dave’s background and experience as a financial analyst combined with Jeff’s background and experience as a lawyer and CPA creates a combined skill set that has enabled us to develop creative and effective solutions to complex financial and tax challenges. In 2016 Dave came across a tax planning strategy for the sale of agricultural property that was new to him. After completing his initial due diligence, he discussed the idea with Jeff. After even more research we felt that this idea was so effective that it deserved special attention. So we formed Farm Exit Solutions, LLC to carry the idea to people for whom it is best suited. Best fit clients are sellers of agricultural property including farms, ranches, timber, and ag businesses with a value from $1 million to over $100 million and are facing a significant tax liability.
Even though the genesis of Farm Exit Solutions was inspired by the discovery of a particularly effective strategy, we realized that no single solution is right for everybody. Therefore, we decided it was important to offer a process that would take into consideration a multitude of potential solutions and help clients to choose the solution or solutions that would best fit their needs and circumstances.
The process is simple but powerful.
1. Discover the goals and circumstances of the client.
2. Design and analyze multiple strategies to provide choices and compare the potential results to help clients choose which they like best; and
3. Implement one or more strategies the client likes best.
We do this in collaboration with the seller’s existing legal and tax counsel. Our role is to be a supporting a resource to the seller’s existing advisor team and to bring additional specialists to the table when needed.
We invite you to learn more about our primary strategies and our process. Feel free to contact us if you would like to have a complimentary, no-obligation conversation about your circumstances. During this initial call we can discuss your particular circumstances, discuss potential options and you can determine if we may be able help to improve the financial results of an upcoming transaction.