Is an employee stock ownership plan (ESOP) right for your company?
Ice Miller's employee benefits lawyers regularly advise clients on the feasibility, design, and implementation of ESOPs and the unique financing and tax-advantages ESOPs offer for many difficult issues faced by closely held businesses. We help clients develop ESOPs to provide a vehicle for business, family, and management succession planning that allows owners to liquidate all or part of their ownership and diversify their investment holdings on a tax-advantaged basis. Our Workforce Solutions Group also advises clients on the use of ESOPs for tax-advantaged financing for corporate rebuilding, expansion, acquisition, and management buyouts.
For more information, please review our Employee Stock Ownership Plans for the Closely Held Company Guide.