Menke to present at the 2019 Western States ESOP Association Conference from October 3-4
South Lake Tahoe, California to host the Employee Stock Ownership Plan Association
By: The Menke Group
SOUTH LAKE TAHOE, Calif. - Oct. 2, 2019 - PRLog -- ESOP Distributions:
Michael Pasahow, Senior Counsel for Menke, will present best practices for employee stock ownership plan distributions on October 4th. He will cover the key issues governing ESOP distributions – eligibility, timing, method, form and manner – a critical element of cashflow and share repurchase needs for your employee stock ownership plan. As an attorney, Michael specializes in the design and installation of ESOPs, as well as the structuring of ESOP transactions. He has over 13 years of experience and has been involved in numerous ESOP transactions. Michael is a frequent speaker and author on all aspects of ESOPs. He is a member of the California Bar Association, the ESOP Association, and the NCEO.
Visit the Menke Booth
Stop by our booth to talk ESOPs with us. Whether its ESOP administration, ESOP valuation, share repurchase obligations, a feasibility study or a second stage transaction, we love to talk ESOPs with you. Learn how you can leverage our deep ESOP expertise to your benefit and drive value.
ESOP is an acronym that stands for Employee Stock Ownership Plan. The purpose of an ESOP is to enable employees to acquire a beneficial ownership in their Company without having to invest their own money. As such, they are primarily used for business succession or employee benefit purposes. ESOPs enjoy several tax advantages over their non-ESOP counterparts. According to the NCEO, there are currently around 7,000 ESOP plans in the U.S. According to several studies, ESOP's often enjoy higher productivity and lower turnover compared to non-ESOP companies.
Menke & Associates was formed in 1974, upon the passing of ERISA. John Menke, President of Menke, co-authored the ESOP legislation under ERISA, which codified them into law. Menke has enabled over 3,500 companies to successfully transition to employee ownership. The only single source ESOP advisor, we proudly call ourselves The Nation's Premier ESOP Advisor. Our comprehensive ESOP platform provides everything you need to setup and maintain an ESOP, including Structuring, Legal & Tax Compliance, Valuation, Repurchase Obligation Studies, Documentation, Debt Capital Raising, Employee Communication, and Administration. Learn more at www.menke.com
Trevor Gilmore, The Menke Group