Employee Stock Ownership Plans as a Business and Tax Planning Vehicle
Leveraging ESOPs for Business Succession and Estate and Retirement Planning
Recording of a 110-minute CLE/CPE webinar with Q&A
This teleconference will provide tax advisors with a review of the use of ESOPs for business succession, and estate and retirement planning purposes. The panel will discuss how to structure the ESOP and analyze tax consequences for the business owner, shareholders and employees.
- Advantages of ESOP as a deferred compensation plan
- Business succession
- Estate and retirement planning
- Structuring the ESOP
- Tax attributes and consequences
- Impact to business entity
- Impact to business owner
- Impact to employee/shareholder
The panel will review these and other key questions:
- How can business owners leverage ESOPs for a business succession vehicle?
- What tax advantages do ESOPs offer the business owner and his or her company?
- What are some of the pitfalls in structuring ESOPs and how can counsel best avoid these pitfalls?
- What estate planning advantages do ESOPs offer business owners?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Anthony J. Jacob
Hinshaw & Culbertson
Mr. Jacob is engaged in general corporate practice, including various aspects of private merger, acquisition,... | Read More
Mr. Jacob is engaged in general corporate practice, including various aspects of private merger, acquisition, divestiture and employee benefit matters. His practice includes secured and unsecured lending transactions, asset securitization and structured finance, ESOP loans, debt and equity offerings, corporate reorganizations and restructuring, joint ventures and syndicated financing transactions.Close
Anthony E. Antognoli
Hinshaw & Culbertson
He focuses his business practice in the representation of large and mid-size clients in the areas of federal taxation,... | Read More
He focuses his business practice in the representation of large and mid-size clients in the areas of federal taxation, employee benefits, ERISA and general corporate matters. He primarily counsels clients regarding transactional matters, but has also represented clients in controversies before the IRS and DOL, and in litigation in the US Tax Court and the Northern District of Illinois.Close
Executive Managing Director
She is Founder and CEO of Verit Advisors, a specialized middle market investment banking firm. She is a nationally... | Read More
She is Founder and CEO of Verit Advisors, a specialized middle market investment banking firm. She is a nationally recognized leader with over 28 years experience with ESOPS as a specialized solutions-oriented succession and liquidity transaction for middle market companies and has advised, structured and closed over 200 financings, most of which have supported ESOP transactions.Close