ESOPs and Baby Boomer Business Owners: A Demographic Imperative
By Kelly O. Finnell, J.D., CLU, AIF · AALU The Quarterly, Winter 2011
As Baby Boomer business owners reach retirement age, millions of companies need an ownership succession plan. This article explains how ESOPs work, why they fit so many of these owners, and the planning opportunities they create for advisors and their clients.
