Tag: Succession Planning

FEATURE
Scaling Your Law Firm Nationally with Eddie Dabdoub (Ep. 72)

Scaling Your Law Firm Nationally with Eddie Dabdoub (Ep. 72)

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For law firm owners aspiring to elevate their practice from local prominence to national dominance, our latest episode of The Lawyer Millionaire Podcast offers a treasure trove of strategic insights. We sat down with Eddie Dabdoub, the visionary founder of Dabdoub Law Firm, to uncover the secrets behind scaling your practice on a national level.

Eddie’s journey from a small firm lawyer to a national player in disability insurance law is rich with insights, strategies, and actionable advice that will inspire and guide your path to expansion.

Eddie discusses:

  • How to establish a niche within the overcrowded legal market to stand out against large firms with extensive marketing resources.
  • The importance of bringing marketing and IT infrastructure in-house for better control and efficiency in a larger operation.
  • Creating a strategic growth plan with clear benchmarks for five-year, one-year, and quarterly goals to guide your expansion journey.
  • How to build a talented team, implement incentive programs, and transition from micro-management to trusting your processes and people.
  • Understanding the tangible assets of your firm, such as cash flow and processes, and how they contribute to the overall value and potential sale of your firm.

 


Resources:

 

Connect with Edward Dabdoub:

 

 

About our guest:

EDWARD DABDOUB

Founding Attorney

Dabdoub Law Firm is led by nationally-known disability lawyer Edward Dabdoub.

Born and raised in Kingston, Jamaica, he is one of five attorneys in his immediate family. Since becoming a lawyer, he has focused his law practice on representing people who are entitled to disability benefits from insurance companies.

Why Disability Law?

Eddie’s passion for helping people with disability insurance claims started when he was in law school.

As a law student, Eddie helped a man suffering from chronic pain get back his long term disability benefits after his insurance company wrongly terminated payments, even though he was still disabled. After handling that case, he decided to dedicate his legal career to holding disability insurance companies accountable, and he built the Dabdoub Law Firm for that purpose.

About His Practice

Eddie represents clients at all stages of disability insurance claims. He has extensive knowledge of the Employee Retirement Income Security Act of 1974 (“ERISA”) since many of his clients’ long term disability cases are governed by the federal statute.

With such a focus on disability insurance, Dabdoub Law Firm has successfully taken on the toughest opponents and have won major disability lawsuits. Big disability lawsuit wins include:

– Ashmore v. NFL Disability Plan, in which the firm represented a former NFL player who was denied benefits.

– Bradshaw v. Reliance Standard Insurance, where Eddie successfully argued to a federal court of appeal that pregnancy is not a preexisting condition that caused a stroke.

– Kaviani v. Reliance Standard Life Ins. Co., in which Eddie successfully showed that Dr. Kaviani’s evidence of disability far outweighed Reliance Standard’s evidence for no disability.

– Kaviani Win in the United States Court of Appeals for the Eleventh Circuit, after Eddie won the lawsuit for a dentist with disabling cervicalgia, Reliance appealed the case. The firm won the appeal and Reliance was ordered to pay our client long-term disability benefits.

– Millis v. Ameritas, where Eddie fought against Ameritas and their specialty own-occupation disability insurance policies for his client who was a liver transplant surgeon in Illinois.

– Gimeno Win in the United States Court of Appeals, after our client lost in district court, Eddie took the case up on appeal to the Eleventh Circuit Court of Appeals. The appellate court upheld our client’s right to equitable relief under ERISA.

Eddie has experience litigating disability cases in federal and state courts against all major disability insurance companies, including:

  • Aetna
  • UNUM
  • Hartford
  • CIGNA / LINA
  • Mass Mutual
  • Liberty Life
  • Met Life
  • Lincoln Financial
  • Prudential

Hear Eddie argue convincingly to a panel of federal judges that his client’s disability due to a stroke is not a preexisting condition caused by her pregnancy.

Speaker, Lecturer & Author

Attorney Dabdoub has participated as a guest speaker at law conferences both on local and national stages, discussing disability insurance benefits and ERISA for legal organizations such as the American Association for Justice and the Florida Association for Justice.

He has also authored articles on disability insurance and advises other lawyers on disability insurance and ERISA matters.

Education & Background

Eddie graduated with cum laude honors from the University of Miami School of Law. While at law school, he was the recipient of the Ambassador Sue Cobb Scholarship.

Before attending law school, he graduated at the top of his class from Florida International University, earning a Masters in Business Administration, as well as a Bachelor of Arts in Economics from the University of Miami.

Awards

  • Recognized by The Best Lawyers in America® in Insurance Law, 2022
  • Florida Trend’s Legal Elite, 2021
  • Selected to Super Lawyers list, 2019 – 2023
  • Clients’ Choice Award – Avvo, 2015 – 2021
  • Selected to Rising Stars list, 2014 – 2017
  • “Top Attorney” – Avvo

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FEATURE
Retirement for Law Firm Owners Pt 3: Prepare for Exit Now (Ep. 71)

Retirement for Law Firm Owners Pt 3: Prepare for Exit Now (Ep. 71)

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As a law firm owner, are you prepared for the inevitable exit from your practice? Whether retirement is on your immediate horizon or decades away, strategic exit planning is not a future consideration but a present imperative.

In this critical discussion, we delve into why planning your exit now is indispensable to maximize the value and profitability of your law firm.

On the latest episode of The Lawyer Millionaire Podcast, host Darren Wurz concludes a pivotal three-part series on retirement strategies for law firm owners.

Darren emphasizes that exit planning is an integral part of good business strategy, regardless of your age or retirement timeline. This episode underscores the necessity of contingency planning and the benefits of creating a transition-ready law firm.

Darren discusses:

  • The importance of succession planning, regardless of your age.
  • The three core areas of exit planning.
  • How making your law firm transition ready can increase its worth and profitability.
  • Practical steps you can apply to de-risk your firm, improve operational efficiency, and foster a culture of growth.
  • How to structure your retirement, safeguard your financial future, and find purposeful activities post-business life.

Resources:

 

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FEATURE
Estate Planning as a Subscription Service: Rethinking Legal Fees (Ep. 65)

Estate Planning as a Subscription Service: Rethinking Legal Fees (Ep. 65)

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Are you a law firm owner aiming to build a fortune that lasts generations? If so, our latest episode of The Lawyer Millionaire Podcast is a must-listen!

In Episode 65, Host Darren Wurz welcomes Bobby Sawyer, a seasoned estate planning attorney, to explore innovative strategies for securing generational wealth.

Together, they delve into innovative approaches to estate planning, including the novel concept of a subscription-based model designed to adapt to your evolving life circumstances.

Bobby discusses:

  • The essential documents involved in Estate planning.
  • The innovative Forever Estate Plan and its benefits.
  • Why you need to select a competent trustee.
  • How to safeguard your assets from increasing tax liabilities.
  • Key considerations for succession planning in law firms.
  • Essential estate planning tools for law firm owners.


Resources:

 

Connect with Robert (Bobby) Sawyer:

About our guest:

Attorney Robert Sawyer, known as Bobby, is a highly skilled attorney focusing on estate planning, business law, and helping families continue their legacies. With experience representing individuals, companies, and local governments, Bobby is dedicated to providing comprehensive legal solutions to his clients.

Before embarking on his legal career, Bobby served in the United States Army Corps of Engineers, where he held the position of combat engineer platoon leader and executive officer. During his service Bobby was awarded the Bronze Star, Meritorious Service Medal, Army Commendation Medal, Army Achievement Medal.

Bobby graduated from Auburn University in 2001, obtaining a BS degree in Education. Following his military service, he pursued his passion for law and achieved remarkable success. Bobby graduated Summa Cum Laude from the Charlotte School of Law in 2011 and passed the North Carolina Bar Exam in August of the same year. Subsequently, he obtained admission to the South Carolina Bar in February 2012.

In 2015, Bobby established Sawyer Law, a law firm dedicated to providing exceptional legal counsel and services to clients. Recognizing the value of collaboration, he later co-founded Johannesmeyer & Sawyer, PLLC in June 2016, further expanding his legal expertise.

Outside of his professional pursuits, Bobby cherishes spending quality time with his family. He has his pilot’s license, loves to barbecue all sorts of meat and pork. He and his wife Katie, also an accomplished attorney serving as an Assistant District Attorney in Cleveland County, have been proud residents of Belmont, North Carolina since 2005. Together, they raise their three children.

With his diverse background, dedication, and commitment to his work, Bobby Sawyer is a trusted legal professional who continues to positively impact the lives of his clients and his community.

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FEATURE
Master Your Firm’s Cash Flow with Accounting Best Practices (Ep. 63)

Master Your Firm’s Cash Flow with Accounting Best Practices (Ep. 63)

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Are you a law firm owner grappling with your firm’s financial planning and cash flow management? If so, this episode of The Lawyer Millionaire Podcast is tailor-made for you! In our latest episode, Darren Wurz sits down with Rachel Blackburn, an experienced CFO consultant, to discuss critical accounting practices that can transform your firm’s financial health.

Rachel discusses:

  • The significance of starting the year with strong financial processes and goal alignment
  • How consistent and accurate bookkeeping can prevent costly mistakes and ensure timely financial reporting.
  • How to streamline billing processes and reduce clerical errors with tools like Quickbooks.
  • The importance of proactive communication with CPAs for better tax planning and financial management.
  • The benefits of a fractional CFO for law firm owners.
  • Why you must do today’s work today when it comes to accounting?

 

Resources:

 

Connect with Rachel Blackburn:

About our guest:

Rachel Blackburn is a proven business leader with over 15 years of experience in developing and leading executive-level engagements, as well as building and managing high-functioning teams and practices.

Rachel possesses a deeply rooted passion for understanding the needs of business owners and identifying optimal strategies to support their goals in an ever-changing marketplace. Before joining TP4 Advisors, Rachel held senior management positions at Cincinnati-based companies, including TRAK Group and Titan Chair.

As the Business Development Executive, Rachel leads the organization in engaging with potential clients to understand how TP4 Advisors can best support their needs and develop financial foundations for sustainable business growth.

Outside of work, Rachel enjoys outdoor activities, reading, biking, traveling, bonfires, and spending time with her husband and daughter.

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FEATURE
How to Do Succession Planning in Large Law Firms (Ep. 59)

How to Do Succession Planning in Large Law Firms (Ep. 59)

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Are you a law firm owner pondering the future of your practice? Succession planning might be the key to securing the longevity and happiness of both you and your firm. In the latest episode of “The Lawyer Millionaire Podcast,” hosts Darren Wurz and David Ernst unravel the complexities of succession planning, offering you the wisdom and strategies needed to seamlessly transition leadership within your firm

David underscores the importance of transparent communication and the necessity of setting specific dates and goals for planning. He shares his personal journey, detailing the proactive measures he took to ensure a smooth transition for his successors, and provides invaluable advice on how to make succession planning a gratifying endeavor.

David discusses:

  • The significance of picking a specific date to start succession planning.
  • How to set clear goals for the succession planning process.
  • How transparent and open communication can eliminate the common pitfalls in succession planning.
  • Why senior lawyers should be compensated for planning and transferring their duties to successors.
  • The satisfaction that succession planning brings not only to senior lawyers but also to the rising stars within the firm.
  • How robust financial planning can empower your retirement and succession strategies to provide peace of mind.

 


Resources:

 

Connect with David Ernst:

About our guest:

David Ernst retired from law practice last fall after 37 years as a litigation attorney focusing on food safety. Dave worked at two firms over the course of his career, joining Davis Wright in 2011. Throughout his career, Dave served in many firm leadership and management roles.

This included office managing attorney, firm president (175 lawyer firm), the compensation committees of two firms, and the firmwide succession planning partner at Davis Wright. Dave has a particular interest and expertise in succession planning for lawyers and law firms.

He has worked with many lawyers over the years to develop thoughtful succession plans which ensure the continuation of client relationships and the development of younger lawyers.

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FEATURE
From Mom to Legal Mogul: Vanessa Vasquez’s Journey (Ep. 49)

From Mom to Legal Mogul: Vanessa Vasquez’s Journey (Ep. 49)

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From Mom to Legal Mogul: Vanessa Vasquez’s Journey (Ep. 49)

Are you a law firm owner grappling with the nuances of managing your business’s financial health? In Episode 49 of The Lawyer Millionaire Podcast, Host Darren Wurz sits down with Vanessa Vasquez, a legal entrepreneur who has built her family law firm from ground up as she articulates the transformative steps her firm took in revising their financial strategies.

Throughout the episode, Vanessa elucidates the intricacies of liquidity, cost management, and leveraging credit, painting a vivid picture of resilience and proactive planning.

As she dives into the significant issue of delineating personal from business finances, Vanessa not only recounts her own experiences but also provides vital counsel to budding law firm owners. Her mission to advocate for families through legal practice, while pursuing goals influenced by personal devotion and philanthropy, adds a layer of depth to the discussion on legal entrepreneurship.

Vanessa discusses:

  • Strategies for maintaining liquidity, managing labor costs, and leveraging credit to buffer against unexpected business scenarios.
  • Tips for hiring and outsourcing effectively as a means to increase productivity within your law firm.
  • The importance of cultivating a positive work culture and the unique benefits your firm can offer to support associates in achieving work-life balance.
  • The critical transition from reactive financial decisions based on bank balances to proactive cash flow and budget-driven management.
  • Methods for leveraging international talent to expand your firm’s expertise and services in the wake of a global, pandemic-induced talent pool shift.


Resources:

Connect with Darren Wurz:

Connect with Vanessa Vasquez:

About our guest:

Vanessa Vasquez de Lara, Esq. is one of the most sought after family law attorneys in Miami. As the founder and owner of the Vasquez de Lara Law Group, she has dedicated her life to helping families navigate the intricacies of the law by ensuring their rights are honored and upheld in family court.

During one of the most stressful times in a family’s life, Mrs. Vasquez de Lara is there to provide strength, understanding and unwavering support for her clients.

Mrs. Vasquez de Lara graduated cum laude from the University of Miami School of Law in 2002. Shortly after starting her own law practice, she was named to the Super Lawyers’ Rising Stars in 2015.

Through hard work and determination, Mrs. Vasquez de Lara has been recognized as one of the elite family law attorneys in Miami being named to the “Super Lawyers List” starting in 2016 every year through present. This not only shows her level of commitment and consistency to the legal profession but also shows the esteem she is held in by her fellow attorneys in Florida.

Mrs. Vasquez de Lara is accomplished in the legal community as well as the business community.

As the current President of the Coral Gables Bar Association, she is able to help facilitate networking within the association and connect like-minded attorneys to one another.  As a change agent and leader in the community, she has a knack for bringing people together to make a positive impact on the community.

As an elected member of the Board of the Miami Dade County Bar Association, she supports key initiatives to promote and highlight all the great work the association does in the community as well as assist attorneys with programming and continuing education.

Her extensive networking and prominence in the legal field allows connections to other attorneys and legal professionals which enhance the firm’s ability to operate more than effectively when helping clients move their cases forward.

As an entrepreneur and businesswoman, Mrs. Vasquez de Lara is committed to helping other businesses in her local community. As a former board member of the Pinecrest Business Association, she has helped sponsor charitable events through the organization, has volunteered her time and has participated in community events to bring recognition and goodwill to the businesses in the community.

Mrs. Vasquez de Lara is also involved in charity work in her community. She started a non-profit organization called the Supreme Scholars Foundation in honor of her younger brother Ricardo “Ricky Supreme”  de Lara,  who was tragically lost to gun violence in 2020. The foundation regularly offers scholarships to deserving and hard-working high school or college students who are moving on in their studies into college, graduate school or vocational school.

The foundation has also partnered with the Big Brothers and Big Sisters organizations of Miami to award high school seniors full 2-year scholarships to a Florida school with a Two-year Florida Prepaid College Plan.

Mrs. Vasquez de Lara has been featured multiple times on Univision’s Despierta America, the No. 1 national morning show on Spanish language television that’s been running for more than two decades.  Mrs. Vasquez de Lara has demonstrated her legal expertise on the show numerous times, and her passion for family law shines through in every appearance. Her ability to break down complex legal concepts in a way that is both simple to understand and accessible makes her the perfect “guest” family law expert on the show.

And despite the growth of the Vasquez de Lara Law Group and the many accolades that Mrs. Vasquez de Lara continues to receive, she has been able to maintain a family atmosphere in her law practice that one would be hard-pressed to find at any other law firm.

This is due to the fact that she personally reviews every case that her law firm handles, and credits her incredible staff, who are as friendly and down to earth as they are knowledgeable and professional.

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FEATURE
How to conquer lawyer burnout with Karen McClure (Ep. 45)

How to conquer lawyer burnout with Karen McClure (Ep. 45)

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Are you a law firm owner struggling with burnout?

In this insightful episode of The Lawyer Millionaire Podcast, host Darren Wurz sits down with Karen McClure, a veteran attorney turned burnout coach, to dive into the all-too-common experience of burnout in the legal profession and how to overcome it.

Karen draws from her personal experiences as an attorney and her journey towards becoming a burnout coach, shedding light on the challenges faced by legal professionals and offering actionable insights for law firm owners.

Karen discusses:

  • The difference between stress and burnout.
  • The impact of burnout on physical and mental health.
  • Physical and emotional manifestations of burnout.
  • Key strategies law firm owners can adopt to detect burnout in their teams.
  • Practical tips for managing time and overcoming procrastination.
  • Common objections attorneys have against working with a burnout coach.


Resources:

Connect with Darren Wurz:

Connect with Karen McClure:

About our guest:

Karen McClure is a lawyer, a mom of two boys, dog mom, cat mom, and a certified lawyer burnout coach.

I live with my family outside of Birmingham, Alabama. I’ve grown to love it here, even though all I wanted as a teenager was to leave.

I went to law school in 2003 because I had an English degree, a Women’s Studies minor, and no idea what I wanted to be when I grew up.

I’ve practiced law since 2006, and I’ve been running a law firm with my husband since 2013. It was my dad’s practice before he passed away that year.

My dad was my mentor, and he taught me that the only way to succeed was to work harder. He worked right up until he died, and I vowed that my life wouldn’t look like that.

It wasn’t long after we started running the practice that I burned out.

I remember what it feels like to want to stay home because you feel so anxious about going into work but then the only way you know how to deal with that anxiety is to just keep going.

I lost sleep and gained weight.

I tried desperately to get myself out of it, but the only way I found to overcome burnout was to work with a coach

And, that was when I found my calling. I knew I needed to get certified, so I could help other lawyers who are going through what I went through.

I’m here to help you.

If you’re feeling drained, anxious, and hopeless when it comes to your practice and your life, we can talk about how to get you out of it.

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FEATURE
Mastering the Art of Effective Leadership and Delegation in Law Firms with Walt Hampton (Ep. 42)

Mastering the Art of Effective Leadership and Delegation in Law Firms with Walt Hampton (Ep. 42)

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As a law firm owner, the struggle to balance the demands of your practice with the aspirations for growth and financial freedom can seem unending. In this pivotal Episode 42 of The Lawyer Millionaire Podcast, host Darren Wurz engages with Walt Hampton, founder and CEO of Summit Success International.

Walt talks about the critical transitions law firm owners must navigate to shift from active practitioners to strategic business owners. With Darren, they dissect the intricacies of leveraging a lawyer’s inherent skills into tangible wealth creation and the importance of strategic delegation and goal setting.

Walt discusses:

  • A huge mindset shift lawyers need to embrace to achieve their business goals.
  • The importance of effective delegation by using a pancake metaphor.
  • The necessity of self-care, structured daily habits, and the power of saying no, to safeguard well-being and spur productivity.
  • Why you should have an evening routine together with your morning routine to end your day.
  • How he was able to balance his career aspirations as a single parent.
  • The significance of solid referral marketing and lead generation strategies.


Resources:

Connect with Darren Wurz:

Connect with Walt Hampton:

About our guest:

Walt Hampton, J.D. is the Founder and Chief Executive Officer of Summit Success International, a global personal and professional development firm; and the Acquisitions Director at Summit Press Publishers, a premier publisher of expert positioning books.Walt is a business coach, management consultant, leadership trainer and motivational speaker.

He is the bestselling author of Journeys on the Edge: Living a Life That Matters, named a Top 10 Non-Fiction Book and a two-time recipient of the North American Book Awards; as well as the author of The Power Principles of Time Mastery: Do Less, Make More, Have Fun.

A 1984 graduate of The Cornell Law School, Walt was managing partner of a law firm for nearly 30 years with a practice focused on commercial litigation and criminal defense.

He was trained as a Results Coach by Robbins Research International and worked directly for Tony Robbins as one of Tony’s elite-level certified business coaches.

Walt’s passions are high-altitude mountaineering, ultra-distance running, blue-water sailing & adventure photography.

He and his wife, the publisher Ann Sheybani, reside in Intervale, New Hampshire.

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FEATURE
Unraveling Insurance: Protecting Your Law Firm’s Success with Brad Barkin (Ep. 29)

Unraveling Insurance: Protecting Your Law Firm’s Success with Brad Barkin (Ep. 29)

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Have you ever wondered how to protect your law firm from financial risks, or perhaps, how to select the insurance coverage that’s just right for your needs? In this episode, we’ll uncover the veil from the world of insurance and risk management for law firms, so you can set the stage for a future of financial confidence and security.

 

In this exciting episode of The Lawyer Millionaire Podcast, host, Darren Wurz is joined by Brad Barkin, the VP of Law & Accounting Practice at Embroker which is an insurance company committed to transforming insurance purchasing with transparency, efficiency, and intelligence.

Brad Barkin, our guest and seasoned professional on the frontline of insurance coverage for law firms explores the common reasons lawyers get sued, the annual cost of a business owners policy, disability insurance and the rise of key person insurance adoption by technology companies.
Brad also highlights how Embroker is adopting a lean organizational structure and reducing their overhead cost through technology.

Brad discusses:

  • The major risk management concerns law firms are facing today
  • The types of insurance coverage that are critical for law firms
  • Why small law firms are vulnerable to Cyber liability risks
  • How malpractice insurance works
  • The importance of a business owner policy
  • Why law firms in California need to be vigilant about employment related issues
  • Future trends in the insurance industry law firms need to be aware of

Resources:

Connect with Darren Wurz:

Connect with Brad Barkin:

 

About our guest:

Brad Barkin is the current VP of the Law & Accounting Practice at Embroker. Brad has over 15 years of experience in the insurance industry, specializing in professional liability and other professional insurance lines.

Previously, Brad was with Integro Insurance Brokers, where they served as Sr. Vice President from July 2015 to October 2016. In this role, Brad worked closely with mid and large sized law and CPA firms across the country on their insurance needs.

Prior to Integro, Brad was with Lemme, a Division of Integro USA, Inc., where they served as Vice President from October 2005 to October 2016.

Before their career in insurance, Brad worked as a Sr. Business Analyst at ConAgra Foods from August 2004 to October 2005 and as a Sr. Consultant at Manugistics from May 2001 to August 2004.

Brad Barkin has a Bachelor’s degree in Business from Indiana University Bloomington and a Bachelor’s degree in Business from the Kelley School of Business at Indiana University. Brad is also certified as a Registered Professional Liability Underwriter (RPLU) from the Professional Liability Underwriting Society (PLUS).

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FEATURE
Unleashing The Power of Non-financial Wealth in Estate Planning with Stan Miller (Ep. 28)

Unleashing The Power of Non-financial Wealth in Estate Planning with Stan Miller (Ep. 28)

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As a law firm owner, the world of estate planning may seem familiar, but have you truly tapped into its potential? In this episode, Stan Miller shares his expertise on estate planning and delves into the invaluable opportunities and solutions it offers including the importance of asking the right questions, understanding clients’ unique needs, and leaving a non-financial legacy. 

In this episode, Darren Wurz is joined by Stan Miller, experienced estate planning attorney and author of “Your American Legacy.” Stan sheds light on the often overlooked power of estate planning tools and addresses common fears and concerns that clients may have. From protecting heirs’ inheritances to transferring non-financial wealth, Stan emphasizes the opportunities for attorneys to make a lasting impact. He also highlights the importance of crafting tailored solutions and shares valuable insights on helping clients navigate the estate planning process and building a thriving estate planning practice 

Stan discusses:

  1. The importance of creating trusts that support beneficiaries’ desired outcomes and recommends the use of trustee letters and parent-to-child letters
  2. How to uncover clients’ true objectives by asking diagnostic questions
  3. The importance of building rapport and trust through active listening
  4. The immense impact of estate planning on clients’ lives and future generations
  5. The incredible opportunities for attorneys in the $70 trillion wealth transfer happening in the next 20-25 years 

Resources:

Connect with Darren Wurz:

Connect with Stan Miller:

About our guest:

Stan Miller is the CEO and Principal Attorney at Pinnacle Legacy Law —a law firm with headquarters in Little Rock, Arkansas. Stan is passionate about the power of estate planning and the positive difference it makes in the lives of families. His trademark skill is the ability to listen, first. He then walks his clients through the development of a custom solution for their specific estate planning needs. 

His second trademark skill is the ability to explain your solution in simple understandable terms, you will know exactly what your plan does. Stan was an early pioneer in Living Trust planning in Arkansas- and at a time when most law firms were in favor of probating estates- a much more costly and time-consuming alternative to Living Trusts. He has established over 5,000 Living Trusts and helped protect more than $4.5 billion in assets.  

Those pioneering successes led him to emerge as a national leader in Estate Planning. He later helped found WealthCounsel, LLC, the leading provider of education and document-drafting software for Estate and Business Planning attorneys throughout the US. In 2008, he was instrumental in co-founding ElderCounsel, LLC, which is now the national leader in technology and education for Elder Law attorneys. He served on the board of both companies prior to their sale in late 2021. 

Stan is a sought-after speaker for professional audiences, individuals, families, colleagues, and contemporaries around the US. Speaking on topics including estate planning, business planning, wealth planning, and legacy planning. Stan previously served as an elected member of the Board of Directors for the City of Hot Springs, and as a member of the Board of St. Joseph’s Regional Health Center- now CHI St. Vincent.  

He and his wife Patrice are the proud parents of two sons.  Stan’s passion for helping his clients build powerful legacies led him to write the national bestselling book, Your American Legacy – Powerful Strategies That Instill Lasting Values for Generations. He founded The Legacy Leaders Network in 2022 and is training a national network of attorneys, financial advisors, CPAs, and realtors how to grow their business and help their clients build lasting legacies. 

Stan is also the co-host of the Your Life, Your Legacy Podcast and the Legacy Leaders Podcast that can be found on Apple and Spotify.

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