October 3, 2023
What is a Trust? In general, it helps to understand with a trust is in general. A trust is a legal arrangement where one party, the […]
An ESOP trust is a legal entity that holds the shares of stock in a company on behalf of the company’s employees. The trust is managed by a trustee, who is responsible for investing the trust’s assets and distributing them to employees under the terms of the ESOP plan.