Employee Stock Ownership Plans are gaining renewed attention as a strategy for ownership transition, succession planning, and long-term independence. But how do ESOPs work in practice, and are they the right fit for your firm?
This session will examine how accounting firms are using ESOPs to create liquidity for retiring partners, transfer ownership to the next generation of leaders, and align the interests of employees with the long-term success of the firm. Attendees will gain a practical understanding of ESOP structures, the transition process from traditional partnership models, the tax and financial implications, and the opportunities and challenges firms should consider when evaluating this increasingly popular ownership model.