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[Music] blueprint for wealth is brought to you by zellwa a law firm located in Reston Virginia and Savannah Georgia serving clients all across the United States on issues of interest and estate planning business planning tax and fiduciary Services if youd like to know more about us visit us on the web at zellwa.com todays special educational program is focused on Phantom stock plans so all of you entrepreneurs and business owners out there listen carefully here we go whats a Phantom stock plan and what is Phantom stock and how does it work well its basically a form of employee benefit that is referred to as deferred compensation its typically referred to as a non-qualified Deferred Compensation Plan in a Phantom stock plan selected employees key employees receive the benefits of stock ownership without actually receiving ownership of the stock but its worth money just like real stock so it has value and the value Rises and falls with the companys actual stock or whatever the com