Blog | Borakove Osman LLC

Estate Planning at Typical Life Stages

Posted on August 12, 2022

Protecting Your Children’s Inheritance

Posted on July 26, 2022

For clients with minor children, often one of the biggest concerns they have is over what will happen with the inheritance if their children were to inherit while they are still minors. Some of the most difficult questions they are faced with include: Who will care for my children? Who will manage the money...

Protecting Family Real Estate – Options and Considerations

Posted on July 12, 2022

Whether the “family real estate” is a real estate up north, cabin on a lake, vacation home in another state, or the family hunting land, chances are it has significant value, whether that value is economic value, sentimental value, or both, and for that reason is something that everyone in the family has an...

Selecting Back-Up Parents —

Posted on August 6, 2019

A Walk-Through on Selecting Back-Up Parents, i.e., Guardians for Minor Children

Selecting “back-up” parents (“Guardians”) for your children is one of the most difficult, but important decisions you will make as a parent. While difficult, it should not be delayed. By making the decision now and implementing the necessary legal framework, you...

Well, There Goes Your Estate Plan | Impact of Proposed IRA Legislation on Estate Planning

Posted on July 9, 2019

Based on my news feed, and the sudden increase of emails forwarding me articles on this topic, interesting legislation on IRAs has caused many financial planners, clients and estate planning attorneys to review and potentially...

Family Cottage and Family Cabin Planning

Posted on June 4, 2019

Family Cottage and Family Cabin Planning

It's that time of year when you can hear the faint sounds of lowering boats, crackling firewood and sizzling marshmallows. By now your cabin or cottage has been readied to receive your family and friends, and perhaps you have taken that drive up...

We Are Moving!

Posted on May 29, 2019

Borakove Osman LLC is excited to announce that we will be relocating our offices to 9701 Brader Way, Suite 201, Madison, WI 53562, August 1, 2019.

Easter

Posted on April 14, 2017

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

Posted on March 22, 2017

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....

Nothing is as UNcertain as the Election and Estate Taxes

Posted on August 2, 2016

Ever since the increase of the estate tax exemption to $5 Million (indexed for inflation in year, making the estate tax exemption $5.45M in 2016), the chatter with the estate tax has simmered. For those who have forgotten about the estate tax, in simple, albeit, incomplete terms, in 2016 you may give away $5.45M to any...