ESOPs: What To Say When A Client Asks

Overview

Corporate clients concerned with succession planning and stock compensation often have heard about Employee Stock Ownership Plans (ESOPs). You will learn the fundamentals of what an ESOP really is, the tax advantages for corporations and the shareholders, and the benefits for employees. We will compare and contrast C corporation versus S corporation ESOPs.

Highlights

• ESOP types
• ESOP benefits
• Resources

Prerequisites

None.

Objectives

• Determine the fundamental questions and concerns a client may have about implementing an ESOP.
• Recognize client fact patterns that are amenable to an ESOP as a client succession or benefits solution.
• Identify what tax incentives and employee benefits of an ESOP are most relevant to your client.

Preparation

Working knowledge of C and S corporation taxation and some familiarity with qualified retirement plans is preferred.