ThE-State of Planning

/ThE-State of Planning

Selecting Back-Up Parents —

By |2019-08-06T19:34:45+00:00August 6th, 2019|Borakove Osman Newsroom, Estate Planning, Estate Planning Blog, ThE-State of Planning|

Is guardian selection for your minor children causing you stress? Have you not created a will because you don't know where to start? Read this to get started on selecting a guardian for your minor children.

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

By |2019-07-09T19:08:05+00:00July 9th, 2019|Borakove Osman Newsroom, Borakove Osman Newsroom, Estate Planning, Estate Planning Blog, ThE-State of Planning, Uncategorized|

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 rethink how IRAs are coordinated with a client's estate plan. The link below will take you to an article posted [...]

Buy-Sell Agreements: 2 Strategies

By |2017-03-22T15:56:45+00:00March 22nd, 2017|Borakove Osman Newsroom, Borakove Osman Newsroom, Business Planning, Estate Planning Blog, Family Farm Planning, Small Business Planning, ThE-State of Planning|

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. An advantage [...]

Nothing is as UNcertain as the Election and Estate Taxes

By |2017-03-23T13:22:33+00:00August 2nd, 2016|Borakove Osman Newsroom, Borakove Osman Newsroom, Business Planning, Estate Planning, Estate Planning Blog, Family Farm Planning, ThE-State of Planning|

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 individual [...]

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

By |2017-01-27T04:15:56+00:00November 30th, 2011|Borakove Osman Newsroom, Estate Planning Blog, ThE-State of Planning, Uncategorized|

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 [...]