Executive Compensation

Goulston & Storrs represents entrepreneurs, employers and employees in creating effective compensation plans to motivate key players in all types of business enterprises. Members of our Tax Group advise clients regarding the federal, state and local income tax consequences of various types of compensation arrangements, ranging from nonqualified deferred compensation arrangements, including rabbi trusts and secular trusts, to complex equity incentive arrangements for participants in partnerships and limited liability companies. Our tax advisors also provide advice with respect to compensation arrangements involving corporate stock, including nonqualified and qualified stock option plans, restricted stock plans, phantom stock and stock appreciation rights, keeping in mind the business, tax and financial reporting consequences of varying forms of executive compensation. Consistent with the transactional focus of our Tax Group, our tax attorneys often draft the necessary documentation to implement these compensation arrangements and employment agreements that provide for these incentives.