The Employee Ownership Trust, an ESOP Alternative

Probate & Property Magazine: Volume 31 No. 01

Christopher Michael is general counsel of the ICA Group and a doctoral candidate in political science at City University of New York.

This article discusses perpetuity and other related problems with ESOPs and introduces the employee ownership trust (EOT) as a viable alternative. This article discusses perpetuity and other related problems with ESOPs and introduces the employee ownership trust (EOT) as a viable alternative.

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