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F. Stephen Glass

F. Stephen Glass, Partner

F.Stephen Glass, Partner

Business and Corporate Law, Employment Law [Employers], Nonprofit Tax Exempt Organizations, Sale and Purchase of Businesses, Trusts and Estates, Wills, Probate, Business Succession Planning.


Stephen Glass is consistently recognized by the nation’s top lawyer peer-review rating service as a “Premier Lawyer” – the highest rating in professional ability and in ethical standards. In 2016, he was; featured as a Top Rated Lawyer in Business Law by The American Lawyer, The National Law Journal and Corporate Counsel publications; and selected by a national panel of attorneys and judges to be a member of the National Association of Distinguished Counsel and named to the top one percent of lawyers nationally in 2016.


Bar Admissions

  • Admitted to the North Carolina State Bar, 1966
  • U.S. District Court, Eastern, Middle and Western Districts of North Carolina
  • U.S. Tax Court
  • U.S. Court of Appeals, Fourth Circuit
  • U.S. Court of Appeals for the Armed Forces
  • U.S. Supreme Court

Memberships

  • North Carolina Bar Association
  • American Bar Association
  • American Bar Association Committee on Business Law and Corporate Governance
  • North Carolina State Bar
  • Wake County Estate Planning Council
  • CPA-Law Forum

Education

  • Wake Forest University, B.A., 1963 [Student Government President]
  • Wake Forest University School of Law, J.D., 1966  [Student Bar President]
  • University of Virginia, U. S. Army Judge Advocate General’s School, Military Judge Curriculum, 1969.

Born:  Asheboro, North Carolina


Military

  • Rear Admiral, JAGC, USN (Retired)
  • Navy and Marine Corps Distinguished Service Medal
  • Special Courts-Martial Military Judge
  • Seabee Combat Warfare Specialist Certification
  • Vietnam Veterans Association (Life Member)

Community

  • President, Cary MacGregor Rotary Club
  • President, National Eagle Scout Association, Occoneechee Council (1990)
    • National Boy Scout Committee (1988 – 1991)
    • President, Occoneechee Council, Boy Scouts of America (1995, 1996)
    • Distinguished Citizen Award, 2012, Boy Scouts of America
    • Lay Leader, First United Methodist Church, Cary (2000-2003)
  • Vice Chairman, Cary Chamber of Commerce  (1999)
  • Executive Board, National Veterans Freedom Park  (2002 – )
  • Commissioner, Battleship North Carolina Commission  (2004 – 2013)
  • Governor’s Commission on Military Affairs (2005-2006)
  • Special Congressional Assistant, Fourth Congressional District, N.C. (1978,1979)
  • Executive Director, North Carolina Democratic Party (1977, 1978)

Biography

  • Selected as “Premier Lawyer” by peers through Martindale-Hubbell, with AV Rating (A is highest peer review rating; V is highest peer review rating for general ethical standards) –  19 years in a row & counting!
  • First Place, North Carolina Wills & Trust Drafting
  • Omicron Delta Kappa [National Leadership Fraternity]
  • Law Clerk to the Hon. Justice I. Beverly Lake, Sr., and the Hon. Justice Susie Sharp, North Carolina Supreme Court, 1966-1967
  • Faculty, National Institute of Trial Advocacy Southeastern Deposition Training, Duke University Law School
  • President, Randolph County Bar Association, 1973-1974
  • President, 19th Judicial District Bar Association, 1974-1975
  • Executive Director, North Carolina Democratic Party, 1977-1978
  • Deputy Commissioner, North Carolina Industrial Commission, 1978
  • Special Assistant, 4th Congressional District, North Carolina, 1979
  • Certified Superior Court Mediator
  • Member, Board of Directors and Chairman-Elect, Cary Chamber of Commerce
  • Board of Directors, Capital Bank, Cary
  • Board of Directors, Pretty in Pink Foundation
  • National Alliance of Trust & Estate Professionals
  • Law Firm Project Manager, one of the 10 largest complex litigation cases in the country [at the time], settling case in 1993 for $400 million for his clients

Publications and Presentations

Drafting Limited Liability Company Operating Agreements; lead presenter for nationwide video 2013 and 2014 webinar for National Business Institute: Manuscript published by NBI.

Business Valuations, Appraisals and Methods; solo presenter for 2009 nationwide teleconference, sponsored by the National Business Institute.  Manuscript published by NBI.

Employment Law Update in North Carolina; 2012 Continuing Legal Education. Lorman Education Services. Manual published by Lorman.

  • Hiring, Disciplining and Terminating Employees [including section on transition LGBT rights in employment.]

Diogenes and other Noted Celebrities – IRS Innocent Spouse Relief and Responsible Persons in IRS Trust Fund Recovery Cases; 2011 Annual Meeting of North Carolina Certified Family Law Specialists

Business Valuation, 2010 National Business Institute Continuing Legal Education

  • Using the Valuation Results
  • Ethics in Business Valuations

North Carolina Will Drafting and Probate – Navigating the Trust Process From Start to Finish, 2010 National Business Institute Continuing Legal Education [Update from 2006]

  • Mechanics of Drafting and Executing Trusts
  • How to Administer a Trust Appropriately
  • Fundamental Understanding of Ethics in Trusts

Helping Your Client Buy or Sell A Small-to-Medium Sized Business, 2008 National Business Institute Continuing Legal Education

  • Overview of Buying and Selling Businesses; Negotiation, Letters of Intent, The Due Diligence Process
  • Reviewing Business Operations – Business Valuation Methods
  • Financial Options for the Deal

Drafting LLC Agreements: Essential Skills and Hands on Training, 2008 National Business Institute Continuing Legal Education

  • Drafting the LLC Agreement [with forms]

Helping Your Client Buy or Sell A Small-to-Medium Sized Business, 2008 National Business Institute Continuing Legal Education

  • Overview of Buying and Selling Businesses; Negotiation, Letters of Intent, The Due Diligence Process
  • Reviewing Business Operations – Business Valuation Methods
  • Financial Options for the Deal

Navigating the Trust Process From Start to Finish, 2006 National Business Institute Continuing Legal Education:

  • Mechanics of Drafting and Executing Trusts
  • Successfully Navigating the Tax Aspects of Trusts

Drafting LLC and LLP Agreements in North Carolina, 2005 National Business Institute Continuing Legal Education:

  • Economic Rights and Obligations
  • Fiduciary and Related Duties
  • Management of a Limited Liability Company

A Practical Guide to Estate Administration in North Carolina, 2005 National Business Institute Continuing Legal Education:

  • Litigation and Probate

Fundamental Issues in North Carolina Human Resources Law, 2004 Continuing Legal Education:

  • Protection Against Wrongful Termination

Contract Preparation: Drafting Complete and Unambiguous Contracts in North Carolina, 2004 Continuing Legal Education:

  • Contract Drafting
  • The Other Side of Drafting: A Litigator’s Perspective

Family Limited Partnerships in North Carolina, 2004 National Business Institute Continuing Legal Education:

  • An Introduction to Family Limited Partnerships
  • Funding a Family Limited Partnership
  • Ethical Considerations in the Representation of Family Limited Partnerships

The Legal Handbook for North Carolina Businesses (updated annually)

Your Estate Planning Handbook (updated annually)

Limited Liability Companies Update, 2004 National Business Institute Continuing Legal Education:

  • Formation and Operation
  • State Law LLC Issues
  • LLC Tax Issues
  • LLC Securities Law Issues
  • Special Uses of LLCs

Tax Reform Act of 2001-Seminar for CPA’s, 2001;. Sponsored by Capital Bank.

North Carolina Probate and Estate Planning Skills for Paralegals, 2003 Continuing Legal Education

Automation: The Great Litigation Equalizer, 1995 North Carolina Bar Continuing Legal Education

Computerized Litigation Support-Death of The Paper Chase, 1990 North Carolina Defense Lawyers  Continuing Legal Education

Winning the Gang-Busters Litigation Through Information Management, 1998 North Carolina Bar Continuing Legal Education