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 estate and business…

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The Importance of Business Succession Planning for Family Businesses

In Wisconsin, where farms and other family businesses are the lifeblood of the local economy and culture, business succession planning is indispensable as the process through which both business longevity and family heritage are protected. At Borakove Osman LLC, we specialize in converting the complex maze of business succession into a clear path forward, addressing…

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7-Step Business Succession Planning

Together we will work through the seven phases of Borakove Osman’s business succession process to get you and your company through the transition of ownership. We will also coordinate our efforts with your internal ownership group, controller, CPA and financial advisors to ensure that all legal, tax and financial aspects are both reviewed and acted…

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Business Succession Planning

At Borakove Osman, we understand the critical importance of business succession planning for the longevity and stability of your enterprise. This strategic process is not just about ensuring a smooth transition; it’s about safeguarding your life’s work and preparing your business for future success. Whether you’re at the helm of a family-run company or a…

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What Are the Tax Implications of Estate Planning for Business Owners?

If you are a business owner in Wisconsin, taxes are a major concern. At Borakove Osman LLC, we understand the unique challenges you face, especially when it comes to the intricacies of estate planning and its tax implications.  A well-structured estate plan can not only help you achieve your goals and secure your future but…

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Business Planning & Continuation

Comprehensive Legal Services for Wisconsin Businesses At Borakove Osman LLC, our team of skilled attorneys offers legal services for both established businesses and entrepreneurs looking to form Corporations or Limited Liability Companies in Wisconsin. Our experience as corporate and business lawyers ensures that your venture, regardless of its stage, receives the most efficient and thorough…

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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…

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Talking to Your Family About Estate Planning During the Holidays

While some people may be skeptical about having serious conversations with family members during holiday celebrations, holiday gatherings may be the perfect time to share thoughts, feelings, and helpful information about the future for the following reasons: Moreover, the presence of multiple generations under one roof allows an inclusive family discussion, giving each person space…

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Financial Considerations When Passing Down the Family Farm

For many Wisconsin families, the farm is not just a business but a legacy, a testament to hard work, tradition, and commitment. Passing down the family farm to the next generation involves thoughtful financial and legal planning to ensure the transition is as smooth as possible. Borakove Osman LLC, as a Wisconsin law practice that…

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Attorney Shayna W. Borakove

Attorney Shayna W. Borakove, was first authorized to practice law in 2005, and is licensed in Wisconsin, Massachusetts & Minnesota. She graduated from the University of Missouri-KC, and then from New England School of Law in Boston in 2005, cum laude with honors. Growing up on a Missouri dairy farm prepared Shayna to serve the…

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