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....
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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...
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Freedom & Estate Planning
This 4th of July, we are reminded about something very important to all of us – Freedom. As we spend time with our family and friends this weekend celebrating our freedoms, keep in mind that estate planning is all about freedom – the freedom to direct healthcare decision making, the freedom to control the...
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Borakove Osman LLC’s Peter Osman, Esq. named 40 Under 40: The 2014 Class – In Business Madison – March 2014
BORAKOVE OSMAN LLC is proud to announce the induction of Attorney Peter Osman into the 40 Under 40 Class of 2014!
Click on the link below to learn a little about what contributions Attorney Peter Osman has made to our community. Go Peter!
40 Under 40: The 2014 Class...
IDGT: The Intentionally Defective Grantor Trust — More than an Estate Planning Tax Widget
I.D.G.T. - INTENTIONALLY DEFECTIVE GRANTOR TRUST
Tax Window Closing 2012
Certain irrevocable trusts are great this year for those concerned with the potentional lost tax/estate/asset protection planning opportunities closing at the end of 2012.
Conversion of Corporation to LLC???
With the increase of LLC formation of the past few years, current small and family-owned corporation owners may be asking themselves... Did I miss out on something? The classic attorney answer is, in short, it depends. The point of the post is to mention 2 key reasons to consider making the conversion. What the...
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BirdDog graphics, print & packaging, LLC Delivers Quaility Estate Planning Binders to Borakove Osman LLC
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!
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...
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Borakove Osman LLC puts the “Elephant in the Room” on Display
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...
Borakove Osman LLC puts the “Elephant in the Room” on Display Continue reading…