• Columnists

Stefan C. Nicholas, Attorney

COLUMN = LAW

Stefan C. Nicholas is a director and chair of Jackson & Campbell’s Estates and Trusts practice group and a member of the Business Law practice group. He has extensive experience in drafting wills, trusts, and all ancillary documents in connection with estate and gift-tax planning, as well as asset-protection planning, including both on- and off-shore asset-protection trusts and the use of corporate entities. Stefan also has extensive experience with sophisticated wealth transfer techniques such as grantor retained interest trusts, qualified personal residence trusts, and defective grantor trusts.

In addition, Stefan specializes in developing exit-planning strategies for business owners, and has counseled clients on estate planning, business succession planning, and asset-protection planning with an emphasis on managing the tax impact that liquidity events have on a client’s personal assets. He has guided clients on completing mergers, acquisitions, and divestitures, and has negotiated partnership, management, shareholder, employment, and confidentiality agreements on behalf of numerous clients.

Stefan earned his JD from the University of Virginia School of Law, where he was a member of the Moore Society of International Law and the Black Law Students Association. Before that, Stefan earned his master’s in Foreign Affairs from the University of Virginia Wilson School of Foreign Affairs. He received a BA in International Relations from Georgetown University, which he followed with academic stints in Prague in the Czech Republic and Berlin, Germany, where he earned a Certificate of German Language and Culture from the Goethe Institute.

Stefan is admitted to practice law in the District of Columbia and the State of New York.

Stefan is a member of the American Bar Association and the Estates and Trusts Bar of the District of Columbia. He is a member of the Wealth Counsel and the Business Enterprise Institute, and is currently treasurer and a member of the board of directors for DC Vote and the chairman of the board of the Hilda & Charles Mason Charitable Foundation. Stefan also serves on the advisory board for Eagle Bank and the George Washington Cancer Institute, as well as the Alumni Board for Georgetown Day School.

I will pay more for the ability to deal with people than any other ability under the sun.”

– John D. Rockefeller

Permanence, perseverance and persistence in spite of all obstacles distinguishes the strong soul from the weak.”

– Thomas Carlyle

If you were independently wealthy and never had to work a day in your life, would you still choose to spend your time attempting to become a successful entrepreneur?”

– Steven Schussler

What would you attempt to do if you knew you could not fail?”

– Magical

A man without a smiling face
 should not open a shop.”

– Chinese Proverb

Everyone is a mirror image of yourself—your own thinking coming back at you.”

– Byron Katie

Once you find something you love to do, be the best at doing it.”

– Debbi Fields, Mrs. Fields Cookies

They who give have all things. They who withhold have nothing.”

– Hindu Proverb

Part of your destiny is to live in the zone of maximum satisfaction.”

– Martha Beck

Education is an admirable thing to have, but it is well to remember that nothing worth knowing can be taught.”

– Oscar Wilde

A man who strikes first admits that his ideas have given out.”

– Chinese Proverb

The fixity of a habit is generally in direct proportion to its absurdity.”

– Marcel Proust

If your actions inspire others to dream more, learn more, do more and become more, you are a leader.”

– John Quincy Adams

Confidence is the most important thing you can teach someone… if you can teach them confidence, you don’t have to teach them anything else.”

– Vin Diesel

Don’t follow your dreams. Chase them.”

– Richard Dumb

If you do work that you love, and the work fulfills you, the rest will come.”

– Oprah Winfrey

When I dare to be powerful—to use my strength in the service of my vision, then it becomes less and less important whether I am afraid.”

– Audre Lorde

Treat the attainment of happiness in the same way an entrepreneur would approach building a business — with a vision, plan, goals, and a systematic approach.”

– Ted Leonsis

You must learn to be still in the midst of activity 
and to be vibrantly alive in repose.”

– Indira Ghandi

We are perfectionists. We are hungry to work all the time. We are entertained by every aspect of business and we never want to stop working.”

– Suzy Welch

When the power of love overcomes the love of power, the world will know peace.”

– Jimi Hendrix

Speaking more than one language is no longer just an asset in today’s job market; it is a requirement.”

– Tom Adams, CEO, Rosetta Stone

Do you have the desire to create something new; the strength of conviction to believe your creation will be successful, and the reservoir of energy necessary to thrust it into the marketplace?”

– Steven Schussler

Do not say, ‘why were the former days better than these,’ for it is not from wisdom that you ask this.”

– Ecclesiastes, 7:10

How do you stay resilient? It’s about momentum. Like riding a bicycle. If you stop you fall over. So I keep pedaling.”

– Diane Lane

No man will make a great leader who wants to do it all himself, or to get all the credit for doing it”

– Andrew Carnegie

Passion makes perfect.”

– Eugene Biro

Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do.”

– Mark Twain

The best reason to start an organization is to create a product or service to make the world a better place.”

– Guy Kawasaki

As your desire is, so is your will. As your will is, so is your deed. As your deed is, so is your destiny.”

– Brihadaranyaka Upanishad

Promise me you’ll always remember: You’re braver than you believe, and stronger than you seem, and smarter than you think.”

– Christopher Robin to Pooh

If it really was a no-brainer to make it on your own in business there’d be millions of no-brained, harebrained individuals quitting their day jobs.”

– Bill Rancic, "The Apprentice"

The quality of your life is directly related to the amount of uncertainty you can comfortably live with.”

– Tony Robbins

Outside of a dog, a book is man’s best friend. Inside of a dog it’s too dark to read.”

– Groucho Marx

Be bold and mighty forces will come to your aid.”

– Basil King

If you have built castles in the air, your work need not be lost; that is where they should be. 
Now put foundations under them.”

– Henry David Thoreau

Tolerance and patience should not be read as signs of weakness. They are signs of strength.”

– The Dalai Lama

He who wants to tear down a house must be prepared to rebuild it.”

– African Proverb

The true entrepreneur is a doer, not a dreamer.”

– Nolan Bushnell, founder, Chuck E. Cheese's

When I was younger I thought success was being a star, driving nice cars, having groupies. But today I think the most important thing is to live your life with integrity.

– Ellen DeGeneres

Whatever you do may seem insignificant, but it is most important that you do it.”

– Gandi

Challenge is a dragon with a gift in its mouth. Tame the dragon and the gift is yours.”

– Noela Evans

Women once had the goal of being Superwoman; I think most of us now simply strive to have a super day.”

– Author, Activist Lee Woodruff

The great use of life is to spend it on something that will outlast it.”

– William James

Normal day, let me be aware of the treasure you are. 
Let me not pass you by in quest of some rare and perfect tomorrow.”

– Mary Jean Irion

If your success is not on your own terms, if it looks good to the world but does not feel good in your heart, it is not success at all.”

– Anna Quindlen

Many people prefer to play it safe when it comes to business matters. Are you willing to take risks in the pursuit of entrepreneurial success?”

– Steven Schussler

The biggest flaw in our existing theory of capitalism lies in its misrepresentation of human nature.”

– Muhammad Yunus

Running that first shop taught me business is not financial science; it’s about trading.”

– Anita Roddick, founder, The Body Shop

We need to learn to set our course by the stars, not by the lights of every passing ship.”

– General Omar Bradley