ESOP Blog

An ESOP can be a good option for business owners who want to transfer the ownership of their company over time. These are the top four questions we receive from clients who are starting to investigate an ESOP. How do we find out if an ESOP is a ...
[Read more] about Is an ESOP Right for Your Business?

Hello Mr. Long… We're thinking about doing an ESOP and heard that we need a feasibility study. Do you do that? That's the way these conversations usually start. The client is thinking about an ESOP and may have been told that the first thing they ...
[Read more] about ESOP Feasibility vs. Suitability

In 1996, Congress enacted legislation[1] that for the first time permitted an employee stock ownership plan (ESOP) to be an eligible S corporation shareholder, effective for tax years beginning after December 31, 1997. In 1997 the law was modified ...
[Read more] about The Truth About S Corporation ESOPs

ESOP trustees are selected by the Board of Directors. Watch our video to learn more about how to choose your ESOP trustees.   ESOP Trustees The law requires the board to be responsible for the prudent selection, monitoring, ...
[Read more] about Who Are the ESOP’s Trustees and How Do I Determine That?

The ESOP appraisal process is the legal responsibility of the trustee. Learn more about the process in this video.   ESOP Valuation The ESOP trustee is the owner of the shares and must report the value of the stock ...
[Read more] about Who Is Legally Responsible for Valuing the ESOP Stock?