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Advanced Exit Planning Series: Selling to an ESOP

Topic

Retirement Savings and Income Planning

Program ID

298921

Hours

1

Format

Self-Study / Article review

Complexity

Intermediate

Description

In this course we will discuss: An Employee Stock Ownership Plan (ESOP) is a tool business owners use to achieve many common Exit Objectives: Provide partial or full liquidity for existing shareholders; Leave the business gradually; Provide employees with a stake in the future growth of the business; and Keep the business in the community.

Learning Objectives

In this program, you will learn: The characteristics of a company (and its owners) for whom an ESOP is a viable strategy. The key elements of a sale of an ownership interest to an ESOP. The advantages and disadvantages of ESOPs as an exit path.