Weatherby & Associates, PC

Aesop is famous for his stories that teach important lessons but are fictionaland
often fantastic. Our topic today, ESOPs (Employee Stock Ownership
Plans) is similar. Fictional and often fantastic claims are made about what
ESOPs can and cannot do. ESOPs can help business owners to achieve a
number of important Exit Planning goals-namely, selling a business tax-free to
employees for full market value. But as with a fable, readers must take care to
separate the important lesson from the fiction. What can or should you believe
about ESOPs? Read on.