September 26, 2023 @ 2:00 pm – 3:00 pm


An ESOP (*Employee Stock Ownership Plan) may be a strategy that allows business owners to exit the business, while keeping the business profitable, providing control and flexibility for the business owner, and potentially providing tax savings. This webinar will provide a brief overview of how ESOPs work to help the business owner(s) successfully exit the business, which businesses may be a good candidate for an ESOP, and how to improve the profitability of the business before and after the ESOP is established, minimize taxes for both shareholders and the business, and improve employee retention and productivity. Often, cash value insurance may be used to retain a strong management team, for key person purposes and/or to informally fund the buyout of any remaining business interests (any portion not transferred via the ESOP).