Keeping the Peace Among a Business Owner's Children

, New York Law Journal

Harvey M. Katz, a partner at Fox Rothschild, discusses Employee Stock Ownership Plans, and how selling part of a closely held business to such a plan can solve the dilemma of an owner who wishes to leave control of his or her business to a child involved in the company but offer an inheritance equal in value to the uninvolved children.

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Originally appeared in print as How an ESOP Can Keep the Peace Among a Business Owner's Children