In an ESOP, how much control do employees have? Watch our video to learn more.
Transcript
It's first important to remember that the employees are not the shareholders of the corporation. The ESOP and the ESOP trustee own the ...
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Resources
How Is Stock Allocated Within the ESOP?
Learn the ways stock can be allocated with an ESOP in our video.
Transcript
Most often stock is allocated with an ESOP and proportioned to the compensation of the employees that are in the plan. It's also possible, however, to design ...
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ESOPs Can Help Narrow Racial Wealth Gaps
It is highly researched and widely known that too much of the country’s capital wealth is concentrated in the hands of too few. Furthermore, Black Americans face greater systemic barriers to building wealth beyond the need for a decent wage. Employee ...
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How Is Repurchase Liability Handled to Protect the Corporation?
In our video, learn more about repurchase liability arising from an ESOP and how repurchase liability is handled to protect the corporation.
Transcript
Repurchase liability, the obligation of the corporation to buy back the stock from ...
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How Is Fair Market Value of the Stock Determined?
If an ESOP stock is not publicly traded, a qualified independent appraiser is used to determine the fair market value. Watch our video to learn how the value is calculated.
Transcript
Both the Internal Revenue Code and ERISA require ...
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How Is an ESOP Used to Refinance Outstanding Debt?
In this video, ESOP attorney Kevin Long explains how an ESOP can be used to refinance outstanding debt.
Transcript
An ESOP can refinance outstanding debt using an issuance transaction. Briefly put, if there is outstanding debt on ...
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