Comments on: Internal Transfers: Legacy vs. Lucre https://yourexitmap.com/internal-transfers-legacy-vs-lucre/ Free Exit Planning Tools for Business Owners Thu, 11 Jun 2020 15:31:39 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: John F. Dini https://yourexitmap.com/internal-transfers-legacy-vs-lucre/#comment-78 Thu, 14 Sep 2017 11:28:41 +0000 http://www.awakeat2oclock.com/?p=3916#comment-78 In reply to Edward Lette.

Yes Ed, That’s clearly why the Department of Labor is so much more likely to find issues in ESOPs where an employee is the trustee. It is often a warning sign of influence on valuation by the seller.

]]> By: Edward Lette https://yourexitmap.com/internal-transfers-legacy-vs-lucre/#comment-77 Wed, 13 Sep 2017 22:43:28 +0000 http://www.awakeat2oclock.com/?p=3916#comment-77 John,
I have seen this happen in leveraged ESOP transactions which is so sad.

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