Business Transition and Estate Planning for Complex Times – 
Understanding the Tools Provided by the New Generation of ESOP 
Acquisition Techniques

• Overview of ESOPs as a business transition tool
• Recent developments in ESOP transactions
• Creative seller financing in ESOP transactions
• Estate planning opportunities for leveraged company stock, etc.
• How the estate plan with ESOPs can solve problems of inequity in the family
• How the warrant gives the owner the opportunity to take advantage of the uptick in the economy

SPEAKER:

ATTORNEY STEPHEN P. MAGOWAN
(Steiker, Fischer, Edwards & Greenapple, P. C., Burlington, VT) 

WEDNESDAY, NOVEMBER 19, 2008
8:15 a.m. – 9:00 a.m. - Networking and Registration
9:00 a.m. – 11:00 a.m. - Program

LANTANA
(Randolph, MA)

CPE Credits: 2 hrs. 
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Tickets are $35.00 each for members and $40.00 for nonmembers.

NAME:_____________________________________________________________
GUEST(S):__________________________________________________________
COMPANY:_________________________________________________________
ADDRESS:__________________________________________________________

I would like a CPE Credit Certificate for attending this program.  ____
I will not be able to attend.  _____

Please complete form above and return to Paula by doing one of the following:

• MAIL:  Detach and mail form with payment to 

Norfolk & Plymouth Estate & Business Planning Council 
c/o G. T. Reilly & Company 
424 Adams Street 
Milton, MA  02186
 
• FAX:   Fax completed form to (617) 698-1803.
• EMAIL: Email a response to pjf@gtreilly.com 

Please Note:  A reservation request is a guarantee of payment.  Cancellations must be received 3 business days prior to the event.  No-shows will be billed.

__________________________________________________________________________

Business Transition and Estate Planning for Complex Times – Understanding the Tools Provided by the New Generation of ESOP Acquisition Techniques

Topics of Discussion:

• Overview of ESOPs as a business transition tool
• Recent developments in ESOP transactions and why ESOPs may be the only buyers out there for business owners planning their transitions 
• Creative seller financing in ESOP transactions – how seller financing with warrants is used in ESOP transactions
• Estate planning opportunities for leveraged company stock, warrants, FLP’s, charitable remainder trusts and life insurance planning
• How the estate plan with ESOPs can solve problems of inequity in the family
• How the warrant gives the owner the opportunity to take advantage of the uptick in the economy

Stephen P. Magowan

Stephen P. Magowan is an attorney and shareholder of Steiker, Fischer, Edwards & Greenapple, P.C., a law firm providing specialized services relating to the adoption and implementation of ESOPs and ESOP transactions, and a principal of SES Advisors, Inc., a national provider of ESOP feasibility, financial advisory and recordkeeping services.  He is based in their Burlington, Vermont offices.  He can be reached at 802-860-4077, by email at smagowan@sfeglaw.com or visit the firm’s website at www.sfeglaw.com and www.sesadvisors.com.