New Issue of Mercer Capital's Value Matters(TM) Published

The March 2009 edition of Value Matters (TM) features an article by authored by Wendy S. Ingalls, CPA/ABV, CBA, ASA, titled "How ESOPs Work."

ESOPs are a recognized exit planning tool for business owners, as well as a vehicle for employees to own stock in their employer company. However, most business owners and their advisors are unfamiliar with how an ESOP works.  The mechanics of an ESOP can vary somewhat, but there is a basic common functionality to all ESOPs. 

This article offers a great primer on the basics of employee stock ownership plans (ESOPs).  Check out  the pdf here.