As your company evaluates the feasibility of installing and funding an Employee Stock Ownership Plan, our ESOP legal team provides expertise at each step along the way. SFE&G professionals have executed hundreds of ESOP transactions across the country, often as a means of succession planning for closely-held businesses.

Should you decide on an ESOP, SFE&G will:

• Offer you an assessment of the feasibility of an ESOP for your company
• Manage the ESOP transaction from feasibility to closing, and coordinate with each of the parties involved
• Draft the ESOP plan document and trust agreement
• Review the necessary loan documents
• Review the independent valuation of your company and issue a fairness opinion
• Review the transaction for compliance with ERISA regulations and other legal requirements
• Prepare and file forms 5300 and 5309 with the IRS and obtain an IRS determination letter
• Prepare Summary Plan Description (SPD) for your employees

When we design and implement an ESOP, we present you with a carefully created plan that accomplishes your goals and prevents future complications.

In addition to working with you and your management team, SFE&G will also coordinate and advise your team of professionals during the ESOP transaction, including your attorney, lender, financial advisor and accountant. If you are in need of a fiduciary or lender, we can recommend professionals experienced with ESOPs.

You can rely on our focus, expertise and experience to establish your ESOP.

To speak with an attorney regarding an ESOP transaction, please email info@sfeglaw.com or click here to complete a complimentary ESOP feasibility analysis online.