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....
Buy-Sell Agreements: 2 Strategies Continue reading…
Nothing is as UNcertain as the Election and Estate Taxes
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...
Nothing is as UNcertain as the Election and Estate Taxes Continue reading…
IDGT: The Intentionally Defective Grantor Trust — More than an Estate Planning Tax Widget
I.D.G.T. - INTENTIONALLY DEFECTIVE GRANTOR TRUST
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...
Estate and Business Planning for Family Farms Continue reading…