Business Details
36 Years
experience
Your Trusted Legal Partner in Estate & Business Planning
Since 1990, our law firm has provided priority treatment, personalized care, and meticulous attention to detail for clients in the Iowa and Illinois Quad Cities region. Specializing in estate planning, probate, trusts, business law, real estate, and agricultural law, we prioritize client needs through tailored legal strategies. With over 30 years of experience in estate planning, our team ensures legal safeguards for property and families while maintaining transparency and integrity. Our practice combines deep expertise in taxation protection, business formations, and IRC 1031 exchanges to deliver comprehensive solutions. We emphasize proactive planning to prevent future legal complications, particularly in farm succession and asset protection.Our client-centered approach extends to real estate transactions, agricultural law, and small business legal frameworks, ensuring compliance and risk mitigation. We maintain long-term relationships by offering reasonable billing and connecting clients with trusted professionals. Our team's hands-on experience in farming operations enhances our agricultural law services, including farm LLCs and probate. We serve as a reliable resource for both individuals and businesses navigating complex legal landscapes. Our commitment to excellence is reflected in our track record of successful case management and client satisfaction.
Services
Estate Planning
Probate Law
Business Formation
Real Estate Law
Agricultural Law
Taxation Protection
1031 Exchanges
Farm Succession Planning
Details
- Year established: 1990
Highlights and features
- We offer 30+ years of specialized experience in estate planning and agricultural law
- Our client-centered approach tailors legal strategies to individual needs
- We provide comprehensive solutions for complex tax and business formation issues
- Our team combines legal expertise with hands-on agricultural industry knowledge
- We maintain transparent billing practices and prioritize long-term client relationships
What people say
Man of integrity and intelligence
Helped our family tremendously
Bills reasonably
Willing to meet and talk
Suggests other professionals
Services
Estate Planning
Our estate planning services ensure your assets are protected and distributed according to your wishes. We create customized legal documents including wills, trusts, and living wills to safeguard your family's future. With over 30 years of experience, we provide efficient solutions for tax minimization and asset transfer while maintaining compliance with current regulations.
Business Formation
We guide entrepreneurs through selecting and establishing the optimal business structure, including LLCs, corporations, and partnerships. Our services ensure proper legal compliance, liability protection, and tax advantages while preparing customized operating agreements and bylaws tailored to your specific needs and industry requirements.
Agricultural Law
Specialized legal services for agricultural operations including farm succession planning, land transactions, and entity formation. We combine legal expertise with firsthand farming experience to address unique challenges in farm probate, revocable trusts, and 1031 exchanges for Iowa and Illinois farmers.
Probate Law
We assist executors and beneficiaries through the probate process with clear guidance and efficient case management. Our services include asset inventory, debt settlement, tax filings, and distribution of estates while minimizing conflicts and ensuring compliance with state-specific probate regulations.
1031 Exchanges
Our IRC 1031 exchange services help investors defer capital gains taxes through qualified like-kind property exchanges. We ensure proper documentation and compliance with complex tax regulations while structuring exchanges to maximize financial benefits for real estate and business property transactions.
People
David J. Franks Law
Attorney
With over 30 years of experience, David specializes in estate planning, agricultural law, and business transactions. He combines legal expertise with firsthand farming knowledge to serve Iowa and Illinois clients, focusing on personalized solutions for asset protection and tax efficiency.
Katie Franks
Paralegal
Katie provides essential legal support with a BA from Drake University and extensive experience in estate administration and client services. Her background in trust operations and education administration enhances her ability to assist clients with complex legal documentation and case management.
Questions
What areas of law do you specialize in?
We specialize in estate planning, probate, business law, real estate transactions, and agricultural law for clients in Iowa and Illinois.
How long have you been practicing law?
Our firm has served clients since 1990, with David J. Franks personally having over 30 years of legal experience.
Do you handle farm-related legal matters?
Yes, we provide specialized agricultural law services including farm succession planning, land transactions, and entity formation for farmers.
Can you help with business formation?
We assist with creating LLCs, corporations, partnerships, and other business entities while ensuring proper legal compliance and tax advantages.
What estate planning documents do you prepare?
We create wills, trusts, living wills, and comprehensive estate plans tailored to individual asset protection and distribution needs.
