Consider ESOPs as a Liquidity Strategy for Business Owners

Fri 12/06/2019
9:45AM - 10:45AM
Presenter(s): Kelly O Finnell

This presentation will show how Employee Stock Ownership Plans (ESOPs) can be used in connection with liquidity ownership succession and estate planning. ESOPs are one of the best and one of the most overlooked planning tools for private business owners. ESOPs can be used to provide creative solutions to many of the planning challenges that typically confront the successful business owner. ESOPs can be used to provide liquidity and diversification of wealth on a tax-advantaged basis. ESOPs can also be used in design of plans for dividing an estate among active and inactive children and to help preserve a family business.
In addition, ESOPs can facilitate tax effective gifts and can be used in connection with charitable trusts.