What Are the Advantages of an ESOP Over Other Succession Planning Solutions?
I’m often asked why a business owner would choose an ESOP over other succession planning alternatives. Considering most business owners have spent the …
We are a Delaware Professional Engineering Corporation – Can We Sponsor an ESOP?
Q. Our company is a Delaware professional engineering corporation, and the state has strict rules about who can be an owner in a …
Definition of a Terminated ESOP Participant – Is the Terminated Participant “Disabled?”
It’s that time of year again. Time to put together year-end information for your third-party administrator. We get many questions on how some …
ESOP Advocacy: Protect & Promote Pro-ESOP Laws in the U.S.
When the Employee Retirement Income Security Act (ERISA) was enacted in 1974, the number of businesses taking advantage of new tax incentives for …
Who is a Good ESOP Candidate?
ESOPs operate successfully in a broad range of companies—large and small, public and private. The ideal private company candidate will meet most of …