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LWP Keynote Speaker George Ira Carroll – The Art of Storytelling

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Storytelling is an art that can be learned, and if you’re a person of influence, storytelling is a way to instantly connect with your audience. There are 2 key components that create influence: credibility and vulnerability. Creating your personal story is an integral part, but knowing how to incorporate your purpose story into your practice will make a difference in your conversions.

National Marketing Expert, George Ira Carroll, will be leading Day 1 of The LWP Practice Enhancement Retreat and will ensure you walk away with your purpose incorporated into every conversation you have. Whether you're teaching clients, referral sources or walking into brand new facilities in your region. Learn how your personal story is ultimately your brand in the marketplace and that which people in your community seek you out.

On Day 1 we guarantee you'll end the day knowing exactly how to take the LWP stories to a whole new level… giving you an arsenal of workshops for presentations anywhere from 15 minutes to 2 hours … all while maintaining the purpose of the stories and having the ability to give them your content with ease.

“Your purpose story is your unique story of why you decided to go into your profession. It's the catalyst that inspires people to work with you.” George Ira Carroll.

Click here to see just one piece of what you will take away from Day 1. Register today for $2,747 and save on tuition. Plus, back by popular request is the option for payment installments! Pricing will increase to $2,997 after tomorrow!

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The Five Dysfunctions Of A Team – #3 Lack Of Commitment

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In the context of a team, commitment is a function of two things: clarity and buy-in. By avoiding conflict, we allow people to be passive. The result is that they can’t commit if they don’t CARE and they can’t CARE if they are passive. Sometimes in the pursuit of unanimity we seek artificial harmony, and that leads to low levels of commitment.

The roadblocks to commitment:

  1. The need for consensus, living our life by committee
  2. The fear of failure
  3. Lack of communication
  4. Mismatched team members
  5. A team that fails to commit:
  6. Creates ambiguity within the team about direction and priorities
  7. Watches windows of opportunity close due to excessive analysis and unnecessary delay
  8. Breeds lack of confidence and fear of failure
  9. Revisits discussions and decisions again and again
  10. Encourages second-guessing among team members

Patrick Lencioni offers these suggestions for overcoming the lack of commitment: “Productive teams make clear decisions and are confident that they have the support of every team member. A lack of commitment usually arises from not hearing all of the team’s concerns before making a decision. There can be no commitment without debate. People will not buy into something when their opinions and thoughts on the matter were not included and discussed. If they don’t weigh in, then they won’t buy in.” This is not as much about seeking consensus as it is about making sure that everyone is heard.

At the end of the day everyone needs to get to the point where they can say, “I may not agree with your ideas but I understand them and can support them.” We call these “honest-while-respectful conversations."

Some of the easiest ways to break through lack of commitment is to create a safe environment with constant communication using your clarify and verify skills (weekly team meetings), deadlines with weekly accountability (weekly reporting), and quarterly firm retreats that result in specific measurable results.

At the end of the day lack of commitment is often a by-product of lack of intentional leadership.

“There's a difference between interest and commitment. When you're interested in doing something, you do it only when circumstances permit. When you're committed to something, you accept no excuses, only results.”

Lawyers With Purpose is offering a two day Asset Protection, Medicaid & VA Summit in Phoenix, AZ, September 12th – 13th. If your interested in joining your colleagues, click here to see what we'll cover. If you practice in today's estate planning environment you won't want to miss this!

Molly L. Hall, Co-Founder, Lawyers with Purpose, LLC, and author of Don’t Be a Yes Chick: How to Stop Babysitting Your Boss, Transform Your Job and Work with a Dream Team Without Losing Your Sanity or Your Spirit in the Process.

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Victoria Collier Highlighted In The University of Nebraska ‘ s Transcript Magazine

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Congratulations to Victoria on an excellent profile article that appeared in University of Nebraska Transcript magazine published by the University of Nebraska College of Law.

We are extremely fortunate have such an accomplished attorney as a part of LWP and a resource for our members. Click here to read the article. Thank you John Feller of Feller Law Office, P.C., L.L.O, for sharing.

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60 Months Has Nothing To Do With Anything In Medicaid Planning

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So many attorneys and clients get hung up on the 60‑month look-back period when considering Medicaid planning. Many clients believe they have to wait 60 months to qualify for Medicaid if they give assets away. There is no such rule. 60 months is merely the look-back period. 60 months represents the period of time Medicaid can look back at your financial records; it has nothing to do with how long you’re ineligible. On the flip side, many lawyers believe 60 months is the number of months they have to wait if they do a pre-plan to ensure that it works. That too is a fallacy, as the number of months essential in a pre‑planning case is the “break-even” number of months, not 60. So what is the break-even? This is the most fundamental concept in Medicaid planning.

We know that in any Medicaid crisis plan, if the client comes in we can get that client qualified in a certain period of time. At LWP we call this “minimum months to qualify.” Understanding that in a crisis case the minimum months to qualify is the “worst case scenario,” we then need to look at the best-case scenario, which would be the client staying healthy for 60 months. Therefore, the break-even is the best case minus the worst case.

For example, recently I did a pre-planning case for a client who, had it been a crisis, I would have been able to qualify in 22 months. This was a client with over $800,000 in assets, and in crisis we would have been able to save over $700,000 of it. But understanding that the client is not in crisis means we are doing the same exact plan and then waiting for medical needs to occur. If the medical need occurs before the break-even point, then we would convert to a crisis plan. If the medical need occurs after the break-even point, we would keep the original pre-plan in place without modification.

So what is this break-even point? In my fact pattern it’s 38 months: 60 months (best case) minus 22 months (worst case). In this fact pattern, if my client goes into a nursing home before month 38, all I would need to do to my pre-planning case is “flip the switch” and convert it to a crisis plan to get him qualified in 22 months. If the client stayed healthy after the break-even, then I would do nothing and let the plan play out as originally structured and the client would be eligible in the timeframe identified. So, next time someone tells you about 60 months, shake your head and say “What? Don’t you know the break-even?”

Come join us September 12-13 in Phoenix, AZ, for our Asset Protection, Medicaid & VA Summit. Join your colleagues where we will discuss, discover, and provide solutions for Asset Protection, Medicaid, and VA Benefits. Click here to review the agenda and see all that you'll learn in just two day.

David J. Zumpano, Esq, CPA, Co-founder Lawyers With Purpose, Founder of MPS, Founder and Senior Partner of Estate Planning Law Center.

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No, That ‘s Not Why Your Team Is Stressed Out

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I had the opportunity to visit one of our member’s law firms for a few days last week. What I saw was another example of the beautiful relationship that can exist between estate planning attorneys and their key team members. I know, you might be thinking that “beautiful” is an odd word to describe a professional relationship, but that is truly the word that came to mind as we sat at lunch, talking, and I watched a paralegal complete the sentences and fill in the blanks as her attorney spoke.

Not only had she developed that “ESP” that comes with working so closely with someone, but she had that innate sense of care-taking that signifies someone who truly cares about the attorney, the clients and the firm. And the attorney has learned to trust and depend on that. When I think of the alienation many business owners feel, and how unappreciated and unheard many employees feel, the synergy between these two was a reminder of how good it can be.

In over a decade of coaching hundreds of law firms and co-authoring a book teaching team members to take control of their job without losing their spirit and sanity, I continue to realize how special and unique the relationship between a business owner and their support team can be. So often, when we start working with a firm the attorney is frustrated because the team won’t “step up,” and team members are pulling their hair out because the attorney won’t “get out of the way and let me help him.”

The interesting and often overlooked thing is that both sides want the same thing – to grow the firm, reach goals and make day-to-day life less stressful. They just have different perspectives on how to accomplish this, and totally different vocabulary to describe their needs. Both sides end up feeling frustrated and unheard. It’s such a sad thing, because so often the team really cares, but they aren’t articulating it in a way the attorney can hear. The members of the firm I was visiting have learned to listen and really hear one another, and you can see it in the synergy and trust they share.

To see the power of your team’s intentions, try to get past the words and listen for their purpose. Your assistant might be saying something like: “You have to stop giving me documents to print and assemble an hour before the client comes in. You are completely stressing me out!” But you have to learn to listen for what’s beneath that. Why is she stressed? Why does she care if she is doing something at the last minute? Sure, the easy and valid answer is that it causes her stress and disrupts her day.

But there is a lot more to it. I bet you a dollar if you asked her to share with you why this stresses her out, the answer would sound something like this:

It stressed me out because when we do the document at the last minute we often make mistakes. It’s embarrassing when the client’s name is spelled wrong. My attorney is SUCH a good attorney, so I hate when clients think he is careless. I see that he goes above and beyond to protect his clients, often working nights and weekends, but clients don’t know that and they completely lose confidence in him when they see spelling errors and simple mistakes in their documents.

I’m not making up this answer. I’ve heard it time and again when employees are sharing their frustrations about their attorney doing last-minute documents, running late to meetings and such. There is always something beneath the complaint, and it’s usually because they care about the attorney’s reputation. How beautiful is that, to have a support team member who doesn’t just show up, go through the motions and collect a paycheck, but one who truly cares about how the attorney is perceived by the community.

An attorney’s mind-set – and remember, mindset means what is ‘real’ to them, which might not be factually true, but is just as impactful – is often like this:

  • Came out of three years of law school as a trained skeptic
  • $100k+ in student loans
  • Entitled to a six-figure practice because that is what everyone said an attorney would earn
  • No training on how to run a business
  • No training on how to manage a team
  • “Need to think about it” is the tool to defer decisions to defer risk
  • Always hears everyone else’s problems
  • Works to pay everyone else's salary
  • Alienated – can’t talk freely with clients or team and tries not to take it home
  • Delegating certain tasks is insulting to their training
  • Terrified of not knowing the law
  • Constant pressure of cash flow
  • Needs your support, but doesn’t know how to earn it, and wishes someone would figure it out
  • Is terrified of marketing so hides behind “the law”
  • Confuses “busy” with “important”
  • Creates confusion and chaos (not intended)

Employees come from a completely different background – typically the more structured corporate environment, which is totally different from working for an attorney entrepreneur. Or, they have the corporate mentality ingrained in them from conversations they’ve had with their parents or their friends on what to expect in the workplace.

The mindset of employees is often:

  • Terrified of being fired
  • Overwhelmed and underpaid
  • Trained from past experience to stay “in the box”
  • Unsure of their boundaries
  • Do NOT know what you mean by “step up” or how to live the role of the “PAIN”
  • Don’t understand the thought process of a business owner or clients
  • Live in the PROCESS and system, don’t understand their place in the BIG conversation
  • Highly stressed from being at the whim of the attorney’s interruptions
  • Unwilling to be honest because the attorney signs the paychecks
  • Feel insulted when the attorney gives “drive-by” suggestions for a job they have never done
  • Too busy to sit in another meeting
  • Will spend the first 15 minutes of every meeting recapping where the last meeting left off
  • Aren’t acknowledged enough

You can see how both the attorney and the team member can want to achieve the same result, but communication about it completely shuts the other side down. If we can work past this, and learn to get into the other person’s perspective, powerful communication and movement can occur.

Ask questions and listen for the intentions behind the words. You will be surprised at how much your team cares about you and the firm. You really are on the same page. You just have to learn to speak the same language and get into each other’s perspective.

If you are interested in learning about Lawyers With Purpose and want to see what we have to offer, register to attend our Asset Protection, Medicaid and VA Summit, September 12-13 in Phoenix, AZ. Register now today. Seats are filling quickly.

Laney Lyons-Richardson, Implementation Coach for Lawyers with Purpose, LLC, and author of Don’t Be a Yes Chick: How to Stop Babysitting Your Boss, Transform Your Job and Work with a Dream Team Without Losing Your Sanity or Your Spirit in the Process.

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Congratulations Stephen Lacey – August Member Of The Month

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What is the greatest success you’ve had since joining LWP?

When I started with LWP, I was beginning to expand my practice from a transactional practice to focusing in estate planning in general and Medicaid (this was at the start of the recession). While it took time to build the Medicaid practice, LWP gave me the basis of legal technical knowledge so that I could confidently discuss Medicaid crisis planning and preplanning (which most Elder law attorneys do not do) with clients. They then introduced VA planning which allowed me to expand my lines of business even more. With the introduction of Special Needs Trusts into LWP, that will allow me to expand yet again. So, since I started with LWP, I have exponentially grown my practice both in expertise and revenue and can foresee that upward trajectory continuing.

What is your favorite LWP tool?

The Estate Plan Audit. You can see how the clients appreciate the fact that I am asking questions that they never considered. The questions are very pointed, making the meeting efficient; and it generates great discussions which I believe helps set me apart from other attorneys. The client understands that I am here to identify their needs and then address those needs.

How has being part of LWP impacted your team and your practice?

It is not only the legal technical support but also the support to help me build my incredible team. When I was contemplating expanding my team, a conference call with Roz and Molly gave me the confidence to move forward (and they were absolutely correct). They were also instrumental in helping me build a more efficient practice where I can continue to expand my business and revenue without necessarily needing to expand my overhead. But when it is time to expand my overhead, I know that LWP will be there to help me through that process so I can again proceed with confidence.

If you are at all interested in Lawyers With Purpose and how we can help expand your elder law or estate planning practice, please join us in Phoenix, AZ, September 12-13 for our Asset Protection, Medicaid & VA Summit. Register now! Early bird pricing ends today at 12pm EDT.

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Do You Remember Leon?

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We have exciting news to share. You may remember our good friend Leon Etienne from being at our booth at national events over the years. Well, we'd like to ask you to help us celebrate Leon by voting for him on America's Got Talent.

Below is the information we received from Leon. Help us pass it along:

Tune in Tuesday, August 6th at 9:00 EDT on NBC. Spread the word to your family and friends and on social media to vote for Leon & Romy. Voting opens AFTER the show is over. You can vote up to 10 times per phone line (if you have a cell phone and a land line). You can also vote 10 more times on NBC.com/vote once the show is over. And you can vote once on Twitter.

Thank you so much! Love, Leon & Romy!

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Update On The Wyden/Burr Veterans Pension Look-Back Bill

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As many of you know, one of NAELA’s top public policy priorities for the 113th Congress is to advocate on the behalf of veterans against cutbacks of eligibility and restrictions of services. Last year, NAELA formed a Veterans Task Force led by Dawn Weekly and Victoria Collier to monitor the Veterans Pension Protection Act (S.748 and H.R. 2341), a bill that would institute a three-year look-back for veterans Aid and Attendance benefits.

NAELA’s Veterans Task Force provided the Senate V.A. Committee with suggestions on how to improve the bill and the accreditation process to better protect veterans. Read NAELA’s written testimony to the Senate V.A. Committee here: http://www.naela.org/NAELADocs/PDF/Advocacy%20Tab/NAELASenateCommittee-VATestimony.pdf

NAELA staff (Brian and Sadia) have had continued discussions with Senate V.A. Committee staff on this bill. It is currently our understanding that Senator Sanders has agreed to include some of NAELA’s suggestions to improve the bill, including language for partial returns, correcting a portion of the surviving spouse inequity (veterans penalty should no longer carry over to the spouse if veteran dies), and adding provisions to strengthen undue hardship protections.

The Veterans Pension Protection Act was included in a markup package that occurred on Wednesday, July 24th in the Senate V.A. Committee. The bill was merged with another bill (S.944; Veterans’ Educational Transition Act of 2013). The new bill language has not yet been made public and NAELA staff will review and share the language with the Veterans Task Force as soon as it is made available.

NAELA staff has also been working with veterans groups on the Veterans Pension Protection Act. NAELA shared draft language with the House majority staff to include protections for transfers to special needs trusts in the bill language. In addition, NAELA has suggested that the House VA staff consider the other NAELA proposal we have recommended to the Senate.

The Veterans Pension Protection Act was marked up in the House Disability Assistance and Memorial Affairs subcommittee (and is now H.R. 2423). The House full VA Committee marked up the bill today, Thursday, August 1st. We will provide an update as soon as information on the markups are available.

If you are interested in learning about Lawyers With Purpose and want to see what we have to offer, register to attend our Asset Protection, Medicaid and VA Summit, September 12-13 in Phoenix, AZ. Register now to take advantage of early bird pricing.

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The Five Dysfunctions Of A Team #2 – Fear Of Conflict

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“Much unhappiness has come into the world because of bewilderment and things left unsaid.” ~Fyodor Dostoyevsky

In our last blog post we introduced “The Five Dysfunctions of a Team” by Patrick Lencioni. We discussed Dysfunction #1, Lack of Trust. Today we will talk about Dysfunction #2, Fear of Conflict.

Is conflict ever positive? Teams that engage in productive conflict know that the purpose is to produce the best possible solution in the shortest period of time. Are people holding back? Are people on your team choosing their battles?

Teams that fear conflict:

  1. Have boring meetings
  2. Create environments where back-channel politics and personal attacks thrive
  3. Ignore controversial topics that are critical to team success
  4. Fail to tap into all the opinions and perspectives of team members
  5. Waste time and energy with posturing and interpersonal risk management

Teams that engage in conflict:

  1. Have lively, interesting meetings
  2. Extract and explore the ideas of all team members
  3. Solve real problems quickly
  4. Minimize politics
  5. Put critical topics on the table for discussion

I recently conducted an annual review with one of our key LWP team leaders, and we were talking about her growth over the past year. She made tremendous progress in her ability to take a stand and speak the truth, often with a fair amount of angst. We celebrated her willingness to “use her voice” in our company. She started laughing and said, “The first few meetings I was stunned; I used to go home and tell my husband, the team meetings are worse than any dysfunctional family supper table!”

This was an enormous personal victory; it meant we were on the right track. The health of any great company is solely dependent on its willingness to embrace “truth telling.” When a team is willing to truthfully engage in conflict with passion and forcefulness while having the sole intention of producing the best possible resolution, it will ALWAYS produce a strong game plan with the least amount of resistance, blame and pain.

One suggestion for overcoming fear of conflict is to extract buried disagreements within the team and shine the light of day on them. Another is to grant real-time permission to discuss what’s not working in the moment while allowing team members to coach one another not to retreat from healthy debate. Get comfortable with the idea that conflict always leads to growth.

We fool ourselves when our mantra is “avoid conflict at all cost. Put your head down and keep your mouth shut.” Conflict can never really be avoided. When we are unwilling to have the heated conversations and keep it all together, the conflict is really just in “silent stereo.” That means you never truly know the core reasons why you were not able to produce X or why so and so really quit. Trying to avoid conflict guarantees that the hidden conflicts will absolutely multiply while creating a team of snarling, wounded sufferers. The heart wrenching part is the stifling of creativity, production and excitement for the future, the thick air of lost hope.

What type of team are you leading: one of conflict crusaders or conflict avoiders?

Are you interested in knowing more about Lawyers With Purpose? If so, then come see what we are all about. Join us September 12-13 in Phoenix AZ, for our Asset Protection, Medicaid and VA Summit. Register now and take advantage of our early bird pricing.