Craig Stephens

, Shareholder

Birmingham

cstephens@sirote.com
p - 205.930.5246
f - 205.212.3858



205.930.5104




205.918.5009


Craig's practice focuses on representing individuals in the estate planning process, with a focus on tax minimization strategies. Craig represents families, often multiple generations, in connection with implementing wealth transfer strategies for closely held business interests as part of an overall business succession plan. Craig's trust and estate administration practice is designed to help families carry out their testamentary goals, with careful attention to tax implications and family relationships.

Awards & Accreditations

  • Best Lawyers in America©
  • Alabama Super Lawyers 
  • AV-Preeminent, Martindale-Hubbell® Peer Review Rating

Recognition

  • The Best Lawyers in America©
    • Trusts and Estates, 2011-16
  • Alabama Super Lawyers, 2010-15
  • AV-Preeminent, Martindale-Hubbell® Peer Review Rating
  • American College of Trust and Estate Counsel (ACTEC), Fellow
  • Birmingham Magazine, Top Attorney, Trusts and Estates, 2009; 2011

Organizations

  • Birmingham and Alabama State Bar Associations
  • American Bar Association
    • Real Property and Probate Section
  • Project Corporate Leadership, 2003-2004
  • Clerked for US District Court Judge Virgil Pittman in the Southern District of Alabama
  • Alabama Planned Giving Council, past president and board member

Thought Leadership

  • Practice is focused on taxation, estate planning, business succession planning, charitable planning and trust and estate administration
  • Has represented clients in connection with family wealth transfer planning, including planning with Family Limited Liability Companies and Family Limited Partnerships, tax planning with retirement assets and other taxation minimization strategies
  • Advises clients regarding the probate administration process, including income taxation issues surrounding administration of trusts and estates
  • Cumberland Law School, Adjunct professor in Estate Planning and Estate & Gift Tax courses
  • Past faculty member, and current planning committee member for the Annual Estate Planning Seminar presented by the Alabama Bar Institute for Continuing Legal Education

University of Florida School of Law

LLM in Taxation, 2000

  • Florida Tax Review, Student Editor


Cumberland School of Law

JD, 1997

  • American Journal of Trial Advocacy
  • Cordell Hull Teaching Fellow


Stetson University

BA, 1993

  • Girlspring, Inc.
  • Board of Directors
  • Ronald McDonald House Charities of Alabama
  • Past Member of the Board of Directors
  • Co-author, J.K. Lasser's "New Rules for Estate and Tax Planning", Third Edition (2009 ed.)
  • Editor, Sirote Estate Planning Blog
  • Author,"Show your Heart for Ronald McDonald House Charities of Alabama," Sirote Supports, August 2012
  • Speaker, “Estate, Gift and Generation-Skipping Transfer Tax Issues,” Alabama Society of CPA’s 2012 Annual Meeting
  • Author, “Pavarotti’s Planning Predicament”, Estate Planning Advantage, Spring 2008
  • Co-author,“Make Low Interest Rates Work for Your Estate Plan: GRATS and Loans to Family Members”, Estate Planning Advantage, Fall 2008
  • Author,“Estate Tax Reform Efforts in 2007”, Estate Planning Advantage, Spring 2007
  • Author, “Pension Protection Act Offers New Retirement Plan Beneficiary Options”, Estate Planning Advantage, Spring 2007
  • Author, “The Bottom Line”, Birmingham Business Journal, September 18, 2009
  • Co-author, "Strategic Advice for Successful Estate Planning", New Strategies for Estate Planning, (Thomson/Reuters 2008)
  • Author, "Congressional Bills Could Reshape Estate Planning", Birmingham Business Journal, July 1, 2005
  • Author, "Targeted Family Business Carveout Fails to Avoid Estate Tax", 107 Tax Notes 365, 2005
  • Contributing editor, J.K. Lasser's "New Rules for Estate and Tax Planning", Second Edition (2005 ed.)
  • Co-author, "Now You See It, Now You Don't - NOW YOU SEE IT AGAIN: The Federal Estate Tax", Senior Living, August 2002
  • Author, "Health Insurance Portability and Accountability Act: Favorable Tax Treatment for MSAs", 20:2 Am. J. Trial Advoc. 457, 1996
  • Author, "ERISA, The Inevitable But Unexpected Hurdles of the Plaintiff's Welfare Benefit Plan", 20:1 Am. J. Trial Advoc. 151, 1996

Sirote & Permutt Announces 47 Attorneys Selected as The Best Lawyers in America© for 2016 - 8/17/2015 Read More
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Sirote Attorney Craig Stephens in the News! - 10/16/2013 Read More
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Sirote Legal Alert: The Changing Tax Climate - 12/10/2012 Read More
Best Lawyers Recognizes 43 Attorneys from Sirote & Permutt as the "Best Lawyers in America" for 2013 - 11/5/2012 Read More
Corporate, Tax and Estate Planning Attorneys Speak at ASCPA Annual Meeting - 6/22/2012 Read More
Birmingham Magazine Names 14 from Sirote as Top Attorneys - 2/2/2012 Read More
The Latest in Estate Planning from Sirote Co-authors Apolinsky and Stephens - 12/22/2011 Read More
Craig Stephens Fellow in the American College of Trust & Estate Counsel - 4/25/2011 Read More
Best Lawyers has selected 32 attorneys from Sirote & Permutt for recognition in The Best Lawyers in America for 2011 - 8/27/2010 Read More
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