Closely held ESOP companies have a specific legal obligation to buy back stock from departing and diversifying employees. In this webinar, Kevin Long will describe those requirements and explore various approaches to address the timing, form, and requirements for distributions, including: lump sum versus installment payments; account segregation at termination; changing when distribution occurs; diversification requirements; and what valuation to use.
About Employee Benefits Law Group
Employee Benefits Law Group is a deep and diverse team of experts working to make your life easier and improve your outcomes in every aspect of employee benefits. Our clients know we listen, probe and understand their challenges and objectives. We ask the questions they didn't know needed to be asked. They count on us to deliver solutions that become part of their company's overall success.