Employee Stock Ownership Plans (ESOPs)
Employee Stock Ownership Plans (ESOP) are a versatile vehicle through which employees obtain ownership rights in a company. ESOPs offer unique opportunities for both succession and estate planning, thereby providing the business a vehicle for continued growth and success.
Studies show that ESOPs engender less turnover and increase:
- Employees’ Motivation & Innovation
- Company’s Profitability
- Return on Investment
- Tax Benefits
- Wealth to Beneficiaries
At NYBVG, we provide initial valuations concerning the ESOP purchase. We continue the service with annual valuations for the ESOP administration.