ESOPs as an Alternative Business Succession Structure
In this one-hour CLE course, attorney David Johanson will provide an overview of employee stock ownership plans (ESOPs) as an option for succession planning. This course will explore best practices for developing ESOPs that maximize the potential in succession planning, benefit the participants, and follow all ERISA requirements. This course will review the best practices of using an ESOP for succession planning and discuss potential traps attorneys should look out for when developing a plan.