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Business Succession Planning: How to Ensure a Smooth Transition to the Next Generation

All family businesses, from bustling urban enterprises to the heartland's farms, face the inevitable question of succession. At Borakove Osman LLC, we understand that this transition is not just about the business changing hands; it's about preserving a legacy, sustaining a family's livelihood, and honoring the hard work of generations. Our Wisconsin-based...

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Easter

We are honored to have worked with so many unbelievable families this year in protecting and preserving their nest eggs for the next generation.  Have a wonderful EASTER weekend from the law firm of Borakove Osman LLC!

Buy-Sell Agreements: 2 Strategies

BUY-SELL AGREEMENT MECHANICS Stock Redemption vs. Cross Purchase  Stock Redemption Buy-Sell Agreement              Under a redemption arrangement, your Company agrees to redeem the shares/interest of a deceased owner at his death, and the owner agrees prior to death that his estate will transfer the shares back to the Company for an agreed-upon price....
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