Q&A: ESOPs

Answers are provided by Laurence A. Goldberg of Kirkpatrick & Lockhart LLP

Welcome to the column!

The author welcomes your questions regarding any and all aspects of Employee Stock Ownership Plans.

Answers are provided by Laurence A. Goldberg of the law firm of Kirkpatrick & Lockhart LLP.

Q&A 22: Form 5500 Reporting for Leveraged ESOPs: December 26, 2000
Q&A 21: What Type of Stock is a Qualifying Employer Security?: December 26, 2000
Q&A 20: Taxation of Employer Stock Distribution: December 1, 2000
Q&A 19: Deduction Limit for S Corporation: December 1, 2000
Q&A 18: Would Code Section 1042 apply if, as part of a C corporation's plan to reduce the number of shareholders and convert to an S corporation, an ESOP sponsored by the C corporation purchased stock from the shareholders?: November 16, 1999
Q&A 17: If a non-publicly traded ESOP sponsor goes out of business at a time when it is insolvent, are its creditors preferred over the ESOP participants with respect to the repurchase obligation?: November 16, 1999
Q&A 16: Conversion of Profit Sharing Plan into an ESOP: August 3, 1999
Q&A 15: Vesting in ESOP benefits: August 3, 1999
Q&A 14: Use of Exempt Loan for Benefit Distributions: July 13, 1999
Q&A 13: Timing of ESOP Benefit Distributions: July 12, 1999
Q&A 12: Duration of ESOP Diversification Period: July 12, 1999
Q&A 11: Conversion of ESOP to Money Purchase or Profit Sharing Plan: July 12, 1999
Q&A 10: Ex-spouse's right to ESOP benefits: June 24, 1999
Q&A 9: Section 1042 for S Corporation ESOPs: June 24, 1999
Q&A 8: Forfeiture of Stock Options: June 24, 1999
Q&A 7: Allocation of Shares Attributable to ESOP Loan Repayment: May 5, 1999
Q&A 6: Compliance with ESOP Diversification: May 3, 1999
Q&A 5: Forfeiture of Stock Options: May 3, 1999
Q&A 4: Change in Vesting Schedule: May 3, 1999
Q&A 3: What is an ESOT?: February 24, 1999
Q&A 2: How do you value new shares contributed to an ESOP?: February 24, 1999
Q&A 1: Information on ESOPs: February 2, 1999

Important notice: Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner's situation. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of your situation. The laws, regulations and court decisions in this area change frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the laws, regulations or court decisions that occur after the date on which that Q&A is posted.