This presentation will discuss basic information regarding ESOPs, including how they work, the pros and cons of using an ESOP from both tax and non-tax perspectives, how ESOPs differ from more traditional retirement plans, and how to know if an ESOP is a good option for your clients.
This webinar will be available for purchase until March 4, 2026.
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Nebraska MCLE #267107, 1.0 CLE Hours (OnDemand credit)
This presentation will discuss basic information regarding ESOPs, including how they work, the pros and cons of using an ESOP from both tax and non-tax perspectives, how ESOPs differ from more traditional retirement plans, and how to know if an ESOP is a good option for your clients. The presentation will also discuss the different types of structures available when using ESOPs, the tax advantages associated with those structures, and the overall tax benefits to an employer and the employees when an ESOP is implemented.
Michael Weaver, Dvorak Law Group, LLC
Mike’s practice focuses on providing experienced counsel to businesses and individuals. His areas of expertise include corporate and business law, real estate transactions, federal and state taxation and tax planning, estate, retirement and financial planning, and trust administration and probate. In his practice, Mike represents a wide variety of business interests on tax, corporate, contract, real estate, and financial matters, including sole proprietorships, partnerships, limited liability companies and corporations of all sizes. Mike especially enjoys working with closely held businesses. He helps them reach their goals by providing practical advice that minimizes risk while navigating complex legal issues throughout the life-cycles of their business. Mike represents individuals in all stages of life on their estate, retirement and financial planning, be it a newly married couple establishing their first estate plan or a business owner working on complex business succession issues.
If you have any questions for the presenter(s) of this webinar, please send your question via email to Allyson Felt at afelt@nebar.com. She will forward your question to the presenter(s), who will provide an answer promptly.
Active Nebraska attorneys are required to complete 10 hours of continuing legal education (CLE) each year. Two of those 10 hours must be in the field of professional responsibility (ethics). Nebraska attorneys may claim only 5 hours of distance-learning CLE per year. Webinars viewed on this portal are considered distance-learning. Under the new MCLE reporting process, the NSBA will report your attendance for this program, which will be automatically updated into your transcript. The NSBA has 30 days to report your hours to Nebraska MCLE, and your transcript may not update immediately. You are no longer able to log your own hours in your transcript; they must be reported by the sponsor.
For more information about Nebraska CLE requirements, see the MCLE Commission’s website at https://attorneys.nejudicial.gov/. For questions about CLE requirements, your own CLE transcript, or about reporting CLE credit online, contact the Nebraska Supreme Court’s Attorney Services Division at (531) 510-3641.
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