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The Successful Sale of Your Estate-Planning Law PracticeThe Successful Sale of Your Estate-Planning Law Practice

Proactive steps to maximize your firm’s value to a prospective buyer.

Craig R. Hersch

January 23, 2020

21 Min Read
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There comes a time in nearly everyone’s career when the thought of a permanent vacation from the practice of law outweighs a consistent draw from revenues. “Let someone else trudge into my office to slay the dragon every day,” you say aloud to your spouse. Particularly for those attorneys in small or solo practices, the dream of cashing out to a buyer, whether it’s a partner, another firm or a local competitor, sounds enticing. 

Wouldn’t it be nice to spend your time the way you want to spend it, whether that’s playing with grandchildren, golfing, traveling or relaxing on the beach? How much sweeter would that time be if you could realize a pot of gold at the end of your career’s rainbow? 

Unfortunately, for many attorneys, that pot of gol...

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About the Author

Craig R. Hersch

https://estateprograms.com/

Craig R. Hersch is the creator of The Freedom Practice™, The Family Estate & Legacy Program™ estate planning practice system and The Estate Settlement Program™ probate and trust administration practice system. He developed these practice systems in response to the quickly changing and challenging legal marketplace. He authored four books, Common Cents Estate Planning, Legal Matters When a Loved One Dies, The Florida Residency & Estate Planning Guide and Selecting Your Successor Trustee. These books are all used in his practice systems.

Craig is a Florida Bar Board Certified Wills, Trusts & Estates Attorney, practicing since 1989. He is also licensed as a Florida CPA, and is a founding shareholder and director of a private state-chartered trust company. His varied background in law, accounting, tax and finance along with his participation in Dan Sullivan’s Strategic Coach program since 2005 provides him unique insights and capabilities necessary to multiply his practice.

To that end, Trusts & Estates magazine tapped Craig a “Practice Development Xpert” where he writes a column under its wealthmanagement.com website. He hosts three podcast series geared to estate planning professionals, clients and trust administrators. Craig writes a weekly estate-planning column for a local newspaper, and presents as a featured lecturer at continuing education programs sponsored by The Florida Bar, the Florida Institute of Certified Public Accountants and the National Business Institute.

Craig is married to wife Patti and they have raised three daughters. In his spare time Craig enjoys adventure travel, training for and competing in triathlons, including Ironman distance races, boating the southwest Florida waterways and spending quality time with his family.