Outside Publication

Using ESOP, Family Foundation and Family Ownership to Successfully Transition a Family-Owned Business, The Texas Lawbook

April 11, 2023

Partner John Kober wrote a column for The Texas Lawbook about establishing an ownership balance and corporate governance structure to successfully transition a family business from one generation to the next.

The article covers how using a mix of family ownership, employee stock ownership plan (ESOP) ownership, family foundation ownership, and management ownership—along with using estate planning techniques that are consistent with the business’ ownership and governance structure—can achieve this goal.

Read the full The Texas Lawbook article >>