Taxes are never a topic people like to discuss, or if they do, it’s rarely a fun topic. Many sellers choose the ESOP alternative, at least in part, because of the tax benefits the option provides.

In a perfect world, all ESOP participants will complete a valid beneficiary designation form and update their designation when necessary due to life changes, i.e. marriage, divorce, etc. Unfortunately, the world is not perfect, and ESOP companies may have a participant who passed away without a valid designation in place. If this happens, it is important for you to know how to determine the proper beneficiary for the participant.

How to use convertible preferred stock in an ESOP.

This Brief describes common accounting practices for non-leveraged and leveraged ESOPs.

A broad overview of the unique characteristics and advantages of ESOP financing as compared with conventional debt financing.

A basic guide summarizing the unique benefits Employee Stock Ownership Plans offer to owners, employees, and communities. This ESOP Brief is available to the public as an informational resource.

A broad overview of the unique characteristics and advantages of ESOP financing as compared with conventional debt financing.