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DISCLAIMER: The information provided as education only. Neither the presenter nor ENNIS Legacy Partners is engaged to render legal, accounting, or other professional services. Consult a qualified professional for advice specific to your situation. ENNIS Legacy Partners assumes no legal liability for any loss related to information contained in this presentation.
To ESOP or not to ESOP...
An ESOP, or an Employee Stock Ownership Plan, can be an attractive exit route for business owners. It can provide a path to “take chips off the table”, sustain the business culture, motivate employees, and ensure that employees have a future with the business. Selling owners can also have more control over the timing of their departure from the business, with the most enticing aspect often being the favorable tax consequences of a transaction.

