Journey to an ESOP & Beyond

EP48 - To be or not to be - the choice to be an ESOP internal trustee

November 20, 2020 Phil Hayes Season 1 Episode 48
Journey to an ESOP & Beyond
EP48 - To be or not to be - the choice to be an ESOP internal trustee
Show Notes

This episode evaluates the risk related to becoming an internal trustee for an ESOP company.  What are the risks of being a trustee and does it make sense for your ESOP to plan on having an external trustee.  We discuss some of the pros and cons to help companies plan for this important aspect on their journey to an ESOP.