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Freedom & Estate Planning

This 4th of July, we are reminded about something very important to all of us – Freedom. As we spend time with our family and friends this weekend celebrating our freedoms, keep in mind that estate planning is all about freedom – the freedom to direct healthcare decision making, the freedom to control the handling [...]

By | July 4th, 2016|Borakove Osman Newsroom|0 Comments

Borakove Osman LLC’s Peter Osman, Esq. named 40 Under 40: The 2014 Class – In Business Madison – March 2014

BORAKOVE OSMAN LLC  is proud to announce the induction of Attorney Peter Osman into the 40 Under 40 Class of 2014! Click on the link below to learn a little about what contributions Attorney Peter Osman has made to our community. Go Peter! 40 Under 40: The 2014 Class - In Business Madison - March [...]

By | March 4th, 2014|Borakove Osman Newsroom, Borakove Osman Newsroom|0 Comments

IDGT: The Intentionally Defective Grantor Trust — More than an Estate Planning Tax Widget

  I.D.G.T. - INTENTIONALLY DEFECTIVE GRANTOR TRUST                 Perhaps one of the most unfortunate vocabulary choices in the estate planning field lies with the “Intentionally Defective Grantor Trust,” or IDGT.  While the use of the term defective may cause clients to cringe, there is nothing to fear about the IDGT’s legality or effectiveness. Let’s analyze [...]

Conversion of Corporation to LLC???

With the increase of LLC formation of the past few years, current small and family-owned corporation owners may be asking themselves... Did I miss out on something? The classic attorney answer is, in short, it depends. The point of the post is to mention 2 key reasons to consider making the conversion. What the post [...]

Estate and Business Planning for Family Farms

The Meaning of Farm Continuation Planning by Attorney Shayna W. Borakove, BORAKOVE | OSMAN LLC. "Attorney Borakove speaks about her personal experience with her own family's farm and how continuation is the goal of succession." Based on my own farm family, and having experienced the successful continuation of our family farm following the death of [...]

Borakove Osman LLC puts the “Elephant in the Room” on Display

Despite the many benefits of estate planning, families often put off planning so long that it becomes a dreaded topic-- the proverbial "Elephant in the Room." At Borakove Osman LLC, we help our clients confront the elephant, eliminate dread, and and dispell uncertainty.  At our firm, we put the elephant center stage. We believe that [...]