Employee Stock Ownership Plans: Tax, Valuation, and M&A Considerations
Over the years, employers have effectively used Employee Stock Ownership Plans (ESOPs) in retaining employees and investing them in the companies’ profitability. However, with the ever-evolving business and legal landscape, it has become crucial for companies and their lawyers to be in the know of the latest developments and updates concerning ESOPs. Top compliance issues that require focus include valuation, M&A, and tax laws.
In this LIVE Webcast, a seasoned panel of thought leaders and professionals brought together by The Knowledge Group will provide an in-depth analysis of the recent developments in ESOPs. Speakers will also present the best practices in avoiding potential compliance risks and pitfalls.
Some of the major topics that will be covered in this course are:
- Employee Stock Ownership Plans (ESOPs) – Framework and Statistics
- Recent Trends and Developments Involving:
- Tax; and
- Opportunities and Risks
- Best Compliance Practices
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- Selected Recent Statistics Regarding ESOP-Owned Companies:
- Tax Advantages of Selling to an ESOP and Profile of an Ideal ESOP Candidate:
- ESOPs as a Tool in Mergers & Acquisitions
- ESOP Valuations
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- Not selling
- Not preparing
- Not starting soon enough
- Not incorporating your philanthropic plans early enough
- Not having an experienced financial advisor at the table
- Using the wrong sale structure
- Stopping the buyer cultivation process too early
- On this note, I strongly encourage owners to not enter into any contracts to buy that fancy vacation home, that plane or whatever
- Sometimes, the best thing you can do to help protect and preserve your wealth is to do nothing
- Doing your estate planning too late
Who Should Attend:
- ESOP Lawyers
- Tax Lawyers
- Valuation Practitioners
- Finance Executives
- Employee Benefits & Compensation Lawyers and Consultants
David R. Johanson has helped hundreds of corporations form ESOPs and create effective employee ownership through other equity incentives during the past 35 years. Mr. Johanson assists clients in designing ESOP and equity incentive plans and accomplishing ESOP-related transactions, including mergers and acquisitions of all kinds. Mr. Johanson also defends ERISA fiduciary actions in Federal Courts throughout the U.S. and is actively involved in defending regulatory and enforcement actions by the Internal Revenue Service and the U.S. Department of Labor. Recognized nationally for his experience and expertise in the ESOP and executive compensation field, Mr. Johanson is a past chair (1993-1995 and 2005-2007) of the legislative and regulatory advisory committee of The ESOP Association. He also is a past chair of The ESOP Association’s advisory committee chairs council and is a former member of its board of directors. Mr. Johanson was honored at the 17th annual conference of The ESOP Association as the outstanding advisory committee chair for 1993-94. Mr. Johanson served for more than ten years as General Counsel to The National Center for Employee Ownership and on its board of directors. Mr. Johanson writes and speaks frequently about employee ownership throughout the U.S.
David R. Johanson has helped hundreds of corporations form ESOPs and create effective employee ownership through other equity incentives during …
Stefan Whitwell is President and Co-Founder of National Wealth Partners, LLC. Stefan is a sought-after advisor and business funding expert serving difference makers and business owners. He helps clients define and implement strategies to support their most valued life-goals through asset protection, tax planning, investing, business exit planning, wealth transfer planning and high impact philanthropy.
Stefan graduated from the Wharton School of Business at the University of Pennsylvania and subsequently earned the Chartered Financial Analyst designation and Certificate in Investment Performance Measurement, both from the CFA Institute where he serves on their global Educational Advisory Committee. In addition, Stefan serves on the Long Center Corporate Advisory Board, the Baylor Scott & White - Development Advisory Board and was previously a Social Venture Partner at Mission Capital.
Stefan lives in Austin and is the proud father of three children with whom he enjoys playing and spending time outdoors. In addition, he trains in Brazilian Jiu-Jitsu, is a black-belt in Hakko-Ryu Jiu-Jitsu and is a long-time patron of the arts and has been playing violin for 40 years.
Stefan Whitwell is President and Co-Founder of National Wealth Partners, LLC. Stefan is a sought-after advisor and business funding expert …
Print and review course materials
Method Of Presentation:
General knowledge of employee benefits/ESOP
NY Category of CLE Credit:
Areas of Professional Practice
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About Hawkins Parnell & Young LLP
Hawkins Parnell & Young is a national defense litigation firm that has represented many of the largest and most well-known companies in high-risk litigation and business disputes. The 250-strong litigation team works with clients to develop winning defense strategies and, if necessary, try cases to verdict in all 50 states. As national leaders in their fields of expertise, their ESOP, Employee Benefits, M&A, Tax & ERISA group brings extraordinary depth in perspective when advising clients in connection with retirement plans, equity incentives, executive compensation, shareholder issues, fiduciaries, mergers and acquisitions, and employment and benefits litigation throughout the country.
About National Wealth Partners, LLC
National Wealth Partners is a full service wealth management Firm dedicated to serving Difference Makers at the intersection of Wealth, Health and Purpose. We work with business owners, senior executives and philanthropists and invite you to partner with us and manage your wealth with purpose. Allow us to free you from the burden of detail so you can focus on what you love to do. With 100+ years experience among our co-founders, we've got you covered.