Should an ESOP Be Part of Your Succession Plan
Authored by Mark Lobb Pre-ESOP Planning Estate and Asset Planning Considerations There has been a recent increase in the number of business owners opting to use employee stock ownership plans (ESOP or ESOPs) as a succession tool. The National Center for Employee Ownership (NCEO) estimates that as of 2022 there are roughly 6,500 ESOPs covering […]
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