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What is an ESOP

An ESOP or Employee Stock Ownership Plan is a qualified Defined Benefit Pension Plan with two important characteristics:

1. An ESOP invests exclusively in the stock of its sponsoring company

2. An ESOP can borrow money to facilitate its investment in the company stock.

Emerson Rickstrew CPA has been providing ESOP trustee services for many years and can help you to plan your ESOP for your company.

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About Emerson

Emerson Rickstrew has over thirty years experience as a certified public accountant in private industry and public practice. He has worked in private industry with large companies as chief financial officer and in public practice with large and regional CPA firms. In 1983 he started his own practice providing public accounting services and has worked with income and estate tax planning and preparation, estate planning, entity planning, accounting services, and many varied special projects.

Emerson also has extensive  experience in trustee services for estate trusts and Employee Stock Ownership Plan trusts. He is currently trustee, or has served as trustee of several ESOP trusts ranging from $3.5 million to over $20 million in assets. He has also served as executor for many estates.

Emerson is a graduate of West Texas A&M University in Canyon, Texas with a Bachelor of Science degree in accounting.

Professional, personal service

Emerson Rickstrew CPA is an accounting firm with experience in tax planning, tax return preparation, accounting services, compiled and reviewed financial statements and entity planning. We work with a network of other CPAs, attorneys and financial planners to provide access to the best results with maximum personal service.

We also provide planning, implementation and trustee services for Employee Stock Ownership Plans (ESOPS). We can provide guidance on more advanced planning strategies such as Welfare Benefit Plans, Defined Benefit Plans and Defined Contribution Plans. Over 30 years of experience goes into every project to help each client get the best outcome possible.