ESOPs as a Tax and Succession Planning Strategy for Closely Held Businesses

Mr. Finnell begins the discussion by explaining what an ESOP is and addresses the opportunity it offers. Further, there is to be an explanation of how the ESOP works as well as its tax benefits. Also to be addressed are key transaction issues; ESOPs and estate planning and ESOPs and charitable giving. Identifying ESOP candidates and strategic positioning vs. traditional exits is to be explored. The presentation concludes with a case study.