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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 [...]

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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 [...]

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

By |2017-01-27T04:15:56+00:00July 2nd, 2013|Borakove Osman Newsroom, Borakove Osman Newsroom, Business Planning, Estate Planning, Estate Planning Blog, Family Farm Planning, Small Business Planning|

  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 [...]

BirdDog graphics, print & packaging, LLC Delivers Quaility Estate Planning Binders to Borakove Osman LLC

By |2017-01-27T04:15:56+00:00January 26th, 2012|Borakove Osman Newsroom, Estate Planning, Estate Planning Blog, ThE-State of Planning|

Chris Dunn, owner and founder of BirdDog graphics, print, & packaging LLC just delivered our personalized Estate Planning binders. Exceptional quality! Even better client/customer service!

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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 [...]

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