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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.

‎No one is useless in this world who lightens the burden of another.”

– Charles Dickens

Ripeness is all.”

– William Shakespeare

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

We are all of us born with a letter inside us, and that only if we are true to ourselves, may we be allowed to read it before we die.”

– Douglas Coupland

With ordinary talents and extraordinary perseverance, all things are attainable.”

– Sir Thomas Fowell Buxton

You must have chaos within you, to create a dancing star.”

– Frederic Nietzsche

Luck is what happens when preparation meets opportunity.”

– Seneca

At the center of your being you have the answer; you know who you are and you know what you want.”

– Lao Tzu

I’m not afraid of storms,
for I’m learning to sail my ship.”

– Louisa May Alcott

It is to no purpose to turn away from the real nature of the affair because the honor of its elements excites repugnance.

– Carl von Clausewitz, On War

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

– General Omar Bradley

There are children playing in the street who could solve some of my top problems in physics, because they have modes of sensory perception that I lost long ago.”

– J. Robert Oppenheimer

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

– John Quincy Adams

Nothing is a mistake. There’s no win and no fail. There’s only make.”

– Corita Kent

Patience and perseverance have a magical effect before which obstacles vanish.”

– John Quincy Adams

Think of yourself as on the threshold of unparalleled success. A whole, clear, glorious life lies before you. Achieve! Achieve!”

– Andrew Carnegie

Successful people are always looking for opportunities to help others. Unsuccessful people are always asking, ‘What’s in it for me?’”

– Brian Tracy

The important thing is not being afraid to take a chance. The greatest failure is to not try.”

– Debbi Fields, Mrs. Fields Cookies

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

– Oprah Winfrey

There are risks and costs to a program of action. But they are far less than the long-range risks and costs of comfortable inaction.”

– JFK

You often meet your fate on the road you take to avoid it.”

– Goldie Hawn

If you look at what you have in life, you’ll always have more.
 If you look at what you don’t have in life, you’ll never have enough.”

– Oprah Winfrey

It is only with the heart that one can see rightly,
what is essential is invisible to the eye.”

– Antoine de Saint-Exupéry

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

– Ecclesiastes, 7:10

My job is my hobby. I come to work to play.”

– Uli Becker, president, Reebok International

Inspiration and genius — one and the same.”

– Victor Hugo

Nurture your mind with great thoughts; to believe in the heroic makes heroes.”

– Benjamin Disraeli

To follow, without halt, one aim: There’s the secret of success.”

– Anna Pavlova

You don’t go into a field that requires cracking people’s heads open or operating on something as delicate as the spinal cord unless you are comfortable with taking risks.”

– Dr. Ben Carson

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

– John D. Rockefeller

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

– General Omar Bradley

An entrepreneur tends to bite off a little more than he can chew hoping he’ll quickly learn how to chew it.“


– Roy Ash, co-founder of Litton Industries

A person who learns to juggle six balls will be more skilled than the person who never tries to juggle more than three.”

– Marilyn vos Savant

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

– African Proverb

If you do not tell the truth about yourself
you cannot tell it about other people.”

– Virginia Woolf

Anything not worth doing well is not worth doing.”

– Warren Buffett

I was taught at a very young age that you can do whatever you want to, but you have to make it happen — not just talk about it.”

– Kathleen Jo Ryan

Hold fast to dreams, for if dreams die, life is a broken-winged bird that cannot fly. Hold fast to dreams, for when dreams go, life is a barren field frozen with snow.”

– Langston Hughes

Friendship is the only cement that will hold the world together.”

– Woodrow Wilson

Change is a math formula. Change happens when the cost of the status quo is greater than the risk of change.”

– Alan Webber, author, "Rules of Thumb"

Don’t judge each day by the harvest you reap, but by the seeds you plant.”

– Robert Louis Stevenson

I find out what the world needs, then I proceed to invent.“


– Thomas Edison

Traveling is one way of lengthening life, at least in appearance.”

– Benjamin Franklin

Of course there is no formula for success except perhaps an unconditional acceptance of life and what it brings.”

– Arthur Rubinstein

Always be on the lookout for the presence of wonder.”

– E.B. White

We make a living by what we get; we make a life by what we give.”

– Winston Churchill

If my mind can conceive it, and my heart can believe it, I know I can achieve it.”

– Jesse Jackson

A warrior cannot complain or regret anything. His life is an endless challenge, and challenges cannot possibly be good or bad. Challenges are simply challenges.”

– Carlos Castaneda

Remove those ‘I want you to like me’ stickers from your forehead
and, instead, place them where they truly will do the most good—on your mirror.”

– Susan Jeffers

Happiness is an attitude. We either make ourselves miserable, or happy and strong. The amount of work is the same.”

– Francesca Reigle

Education is not the filling of a pail, but the lighting of a fire.”

– William Butler Yeats

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

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

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

– Marcel Proust

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

A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do.”

– Bob Dylan

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

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

When we speak we are afraid our words will not be heard or welcomed. But when we are silent, we are still afraid. So it is better to speak.”

– Audre Lorde

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

– Oscar Wilde

The dove descending breaks the air / With flame of inkandescent terror.”

– T.S. Eliott

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

– Magical

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

– Gandi

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

Do one thing every day that scares you.”

– Eleanor Roosevelt

Always look at what you have left. Never look at what you have lost.”

– Robert H. Schuller

The journey is the reward.”

– Greg Norman

Happy are those who dream dreams and are ready to pay the price to make them come true.”

– Leon Joseph Suenens

Tell me, what is it you plan to do with your one wild and precious life?”

– Mary Oliver

He who knows he has enough is rich.”

– Tao Te Ching

When a dog runs at you, whistle for him.”

– Henry David Thoreau

The aim of life is to live, and to live means to be aware, joyously, drunkenly, serenely, divinely aware.”

– Henry Miller

Pretend that every single person you meet has a sign around his or her neck that says, ‘Make Me Feel Important.’ Not only will you succeed in sales, you will succeed in life.”

– Mary Kay Ash

No longer talk at all about the kind of man a good man ought to be, but be such.”

– Marcus Aurelius Antoninus

Your own words are the bricks and mortar
of the dreams you want to realize.
The words you choose and their use establish the life you experience.”

– Sonia Croquette

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

My task is really not to change myself but to become familiar with who I am.”

– Maureen Cook

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

– Noela Evans

4oz tequila + 1oz TripleSec + 2oz lime juice + 1oz simple syrup (sugar=water), 1 cup crushed ice. Shake + dance around the kitchen.

– Avenida Margarita

Do not be afraid of mistakes, providing you do not make the same one twice.”

– Eleanor Roosevelt

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

– Byron Katie

Don’t follow your dreams. Chase them.”

– Richard Dumb

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

– Chinese Proverb

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

I’ve come to confirm that one’s title, even that of president, says little about how well one’s life has been led. No matter how much you’ve done, or how successful you’ve been, there’s always more to do, to learn, and to achieve.”

– Barack Obama

Things don’t change. You change your way of looking, that’s all.”

– Carlos Castaneda

Great minds discuss ideas. Average minds discuss events. Small minds discuss people.”

– Eleanor Roosevelt

A discovery is said to be an accident meeting a prepared mind.”

– Albert Szent-Gyorgyi

I have spent a good part of my life convincing people that a blank sheet of paper is the greatest opportunity in the world, and not frightening at all.”

– Marty Skler, executive vp, Walt Disney Imagineering

You have enemies? Good. That means you’ve stood up for something, sometime in your life.”

– Winston Churchill

The only way to compel men to speak good of us is to do it.”

– Voltaire

‎Excellence is to do a common thing in an uncommon way.”

– Booker T. Washington

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

– Chinese Proverb

Success is about finding a livelihood that brings joy, self-sufficiency, and a sense of contributing.”

– Anita Roddick

Ambition is the germ from which all growth of nobleness proceeds.”

– Thomas Dunn

This is the age when magical technologies make more and more radically fun ideas plausible, even easy. You’re only limited by your creativity.”

– Martha Beck

What is the point of having free will if one cannot occasionally spit in the eye of destiny?”

– Jim Butcher, White Night

Just don’t give up trying to do what you really want to do.
Where there is love and inspiration, I don’t think you can go wrong.”

– Ella Fitzgerald

The goal of Life is to make your heartbeat match the beat of the universe, to match your nature with nature.”

– Joseph Cambell

There is only one success – to be able to spend your life in your own way.”

– Christopher Morley

It is possible to fail in many ways…while to succeed is possible only in one way.”

– Aristotle