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Loren, Attorney
Category: Business Law
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Experience:  30 years experience representing clients .
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We own an LLC, over eight years. We wish to create an ESOP

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We own an LLC, over eight years. We wish to create an ESOP to transition ownership to the next generation of employees. If we convert the LLC to a C-corp; will our LLC holding period attach for the purpose of selling our C-Corp shares (100%) to an ESOP?
I believe the holding period will attach per the linked letter ruling:
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