In this podcast, Kevin Long talks about how participatory management in an Employee Stock Ownership Company can strengthen the company for eventual sale to a third party.
Transcript
If you're thinking about an eventual exit or succession plan for your company, you really should be talking ...
[Read more] about ESOPs Create More Valuable Companies
About Kevin Long
ESOP Reshuffling – Getting Stock To The “Have Nots”
ESOP reshuffling is a tool you can use to manage your ESOP repurchase obligation and get stock to the so-called ESOP "Have Nots."
TRANSCRIPT
Speaking of benefits, this is Kevin Long. In this episode, we're going to talk about tools you can use to manage your ESOP repurchase obligation and ...
[Read more] about ESOP Reshuffling – Getting Stock To The “Have Nots”
ESOPs: The Three Types
This article will acquaint you with the utility of the ESOP as both a technique of corporate finance and an employee benefit plan. It is important to note, however, that there are other employee benefit plans that can be used to invest in stock of the employer sponsor. There are profit ...
[Read more] about ESOPs: The Three Types
ESOP Distributions: Problems To Avoid
Any ESOP attorney or consultant can tell you that ESOP distributions can be the most complex and challenging area of ESOP design and administration. As discussed in detail in our articles Designing And Drafting ESOPs[1], and Avoiding ERISA Liability Issues In ESOP Repurchase Liability Planning[2], ...
[Read more] about ESOP Distributions: Problems To Avoid
ESOP Succession Planning: Aren’t ESOPs Expensive?
For those considering ESOP succession planning, Kevin Long compares the cost of an ESOP with a conventional third-party sale, and how selling to an ESOP can actually cost much less.
Transcript:
As ESOP attorneys, we hear this question all the time. Aren't ESOPs expensive? Aren't they ...
[Read more] about ESOP Succession Planning: Aren’t ESOPs Expensive?
ESOP: How It Differs From Other Retirement Plans
ESOPs are retirement plans. As such, ESOPs are required to follow all the basic rules for tax qualification and non-discrimination that other retirement plans such as 401(k)s must follow. As in a 401(k) plan, participants can roll their ESOP distributions over to another qualified plan.
Aside ...
[Read more] about ESOP: How It Differs From Other Retirement Plans
ESOP Succession Planning: Two Reasons It Might Be Right For You
Broadly speaking, ESOP succession planning is a great option for companies looking to accomplish one of two goals — an owner exit strategy and employee benefits planning. And the great thing about an ESOP is that it can often accomplish both of those goals if it’s designed well. Here are some ...
[Read more] about ESOP Succession Planning: Two Reasons It Might Be Right For You
ESOP Tax Benefits And Flexibility: Strong Advantages For Sellers
ESOP tax benefits for selling shareholders can be significant and it can take on many forms depending on the seller(s)' goals.
Tax Benefits For C Corporation Owner
An owner of a C corporation can defer tax on the sale of stock as long as the ESOP buys at least 30% of the company and the ...
[Read more] about ESOP Tax Benefits And Flexibility: Strong Advantages For Sellers
Two Truths About Establishing An Equity Compensation Plan That Are Imperative To Its Success
We hear over and over from our clients and referral sources looking for solutions to long-term equity incentive compensation planning, "I'd like to compensate my employees in stock to incentivize them and motivate them to help grow the company." This is not just limited to our practice in the ...
[Read more] about Two Truths About Establishing An Equity Compensation Plan That Are Imperative To Its Success