06.13.2023 - ESOPs
How ESOPs benefit Business Owners and Employees
Presented by Leslie Lauer, CFP®, ChFC®, CEPA®, The ESOP Group | UBS Financial Services Inc.
![Leslie Laurer](/sites/default/files/styles/small/public/2023-06/Leslie%20Laurer%20ESOP%20UBS.png?itok=CZCh08NE)
This is an excellent overview from expert Leslie Lauer on how Employee Stock Ownerships Plans ("ESOPs") work and the benefits to employers and employees.
For business owners, ESOPS offer a great way to achieve liquidity while minimizing taxes. The topics covered included:
- ESOP overview and suitability
- Tax and other benefits for the seller, company and employees
- Transaction process, timeline and cost
- Side by side comparison of third-party sale to an ESOP
- ESOPs and private equity
Very informative. New ideas learned were tax efficiency of the ESOP and advantages of creating one. Great presentation!
- Kathleen D.
An ESOP is much more than path to employee ownership. It can protect trade secrets, eliminate taxes, and protect "company towns" from opportunistic buyers. Excellent presentation.
- Kelly N.
Never knew ESOPs could be used in so many ways. You certainly got the "best" in presenters-very knowledgeable! Nice Job!
- Kevin K.
The flow chart with the numbered steps was really, really helpful in understanding the process/setup.
- Todd C.