COMMUNITY CARE
LiveOak Living Community, an intentional community dedicated to person-centered care for people with cognitive disabilities, is excited to announce that it will be transitioning to an Employee Ownership Trust on January 1st, 2025. An EOT is a type of employee ownership where the company is placed in a trust by the owner to be operated in the interest of the employees. EOTs are gaining traction in the United States as a viable succession plan that offers significant benefits for employees and the company. By shifting ownership to its employees, LiveOak Living Community is not only empowering its staff, but also ensuring that it will exist in perpetuity. Currently, there are only fifty EOTs in the United States with two in the state of Texas.
LiveOak Living Com- munity will be the first EOT in the United States in a healthcare related field.
