My Autumn 2004 article in the magazine Family Business: The Guide for Family Companies, which describes the technique and uses of “phantom stock”. This technique enables a business to keep its stock in the family and still give a key non-family employee all the economic benefits achievable through stock or options ownership – appreciation, capital gains, dividends. My article can also help in my other client niches: startup companies, executives, consultants. For example, phantom stock can provide economic benefits of equity…to non-resident aliens or other ineligible S Corp shareholders … to non-employee consultants … to executives of non-profit corporations.
LINK: https://robadelson.wordpress.com/2009/07/20/21/
If you are engaged as an employee or owner of a family business or other closely held, profit or non-profit business that might benefit from phantom stock or other arrangement offering key incentives when stock is not available and you have questions or need assistance, please let me know.
Business Law Blog by Robert Adelson, Esq. 