The Inside ESOP Fiduciary Handbook (2nd Edition)

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The Inside ESOP Fiduciary Handbook (2nd Edition) image
ISBN-10:

1932924930

ISBN-13:

9781932924930

Edition: 2
Released: Apr 04, 2012
Format: Perfect Paperback, 130 pages

Description:

Inside fiduciaries for ESOPs have substantial legal responsibility and risk. Making sure an ESOP complies with the law and the plan document is the best insurance against costly legal problems, and at the same time it builds trust and credibility for employee ownership among plan participants. This book is meant to provide an overview of life as an inside ESOP fiduciary. It alerts the reader to the key issues, including ESOP basics, fiduciary issues, valuation, valuation scenarios fiduciaries may face, board-trustee interactions, and fiduciary insurance. Appendices provide sample DOL investigative questions, a sample trustee engagement letter, and a sample trust agreement. The second edition of this book adds a great deal of new material and is over twice as long as the first edition.

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