Creating an Employee Stock Ownership Plan (ESOP) can be a powerful strategy for business owners looking to reward key employees, establish succession planning, or prepare for retirement. However, the ESOP process involves several steps, critical decisions, and key players. Here’s a practical overview of the ESOP journey—what to expect, whom to involve, and the
Since joining the ERISA Advisory Group and serving as part of the trustee team supporting ESOP transactions, I’ve had the privilege of witnessing remarkable business owners who genuinely care about their employees, their companies, and the legacies they’ve built. These leaders often share a sentiment we hear time and again: “I wish my attorney had
The Anatomy of a Successful ESOP Deal Not all ESOP transactions are created equally. Join our panel of four leading ESOP advisors and learn about the team, process, and steps necessary to improve deal outcomes and increase the likelihood of a successful transaction. In this one hour session, we'll discuss: