ESOPs for Buy/Sell Purposes
- Barry Boscoe
- Dec 29, 2021
- 1 min read
An owner, who wishes to sell an interest in either his closely held corporation or S corporation, but does not have a current buyer, may use an Employee Stock Ownership Plan (ESOP), thus creating a market for his company’s stock. This special type of qualified retirement plan may be established for the benefit of the employees of the corporation.
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