Succession planning, the art of ensuring that a family business successfully outlasts its founding generation, is a perpetual issue for family business owners. Employee stock ownership plans (ESOPs) ...

An employee-owned company plan is more commonly referred to as an "employee stock ownership plan," (or ESOP), but the name conveys the right message: In an ESOP, the employees are given stock in the ...

The first half of 2018 has seen an increase in middle market M&A, particularly with respect to privately held businesses. Many of these business owners are directly interested in employee ownership as ...

There’s no doubt that subjects like income inequality and the growing wealth gap in our society have become topics of much debate in recent years. And while there is much consensus that these trends ...

In recent years, many sponsors and trustees had to defend investigations from the U.S. Department of Labor (DOL) in connection with transactions in which company shares were sold to an Employee Stock ...

In DeWitt’s ESOP practice group, we are often asked: what type of company is a good fit for an ESOP? This question comes from an outdated perception that an ESOP is a good fit only for manufacturing ...

Oftentimes, owners of specialty contracting firms wish to access some of the value they have built up in the business, while others may be approaching retirement and looking to move on. Many business ...

Employees participating in an ESOP receive shares in the company. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions ...

Turns out ESOPs can make your company less competitive, according to a recent survey published in the spring 2020 NCEO bulletin. Despite the obvious benefits of an ESOP–not the least of which is ...

The Department of Labor has issued a proposed regulation aimed at clarifying the term “adequate consideration” regarding the valuation of employer stock in employee stock ownership plan transactions, ...