Practice areas: Business & Corporate, Estate Planning & Probate, Bankruptcy; view more
Licensed in Texas since: 1997
Education: Oklahoma City University School of Law
Lone Star Counsel
2591 Dallas PkwySuite 300
Frisco, TX 75034 Phone: 972-600-2638 Email: Darryl V. Pratt Visit website
Since 1997, Darryl V. Pratt, Esq., CPA, has provided legal and business counsel to individuals, families, business owners, entrepreneurs, executives, physicians and other professionals, real estate investors, and closely held companies throughout Texas and Oklahoma. He is the Principal and Managing Attorney of Pratt Law Group, PLLC, doing business as Lone Star ★ Counsel.
As a dual-licensed Attorney–Certified Public Accountant, Mr. Pratt brings an uncommon combination of legal, tax, financial, and business experience to his practice. For nearly three decades, clients have relied upon him to explain complex issues clearly, identify practical solutions, and develop personalized strategies for protecting their businesses, families, assets, and legacies.
Mr. Pratt focuses his practice on Business Law and Transactions, Business Acquisitions and Sales, Asset and Stock Purchase Agreements, Business Succession and Buy-Sell Planning, LLC and Series LLC formations, entity structuring, real estate transactions, asset protection, and related tax matters. He also represents individuals and families in Estate Planning and Trusts, Probate and Estate Administration, Trust Administration, and the preservation and transfer of family wealth.
A significant part of Mr. Pratt’s practice is devoted to counseling owners of closely held and family-owned businesses during critical stages in the life of a company. He assists clients with business purchases and sales, ownership transitions, management succession, buy-sell arrangements, valuation and funding considerations, transfers to family members or key employees, and the legal and tax consequences of business transactions. When financial challenges threaten an otherwise viable business, he also advises clients regarding bankruptcy and restructuring alternatives, including Chapter 11 Subchapter V proceedings.
Mr. Pratt’s approach is personal, responsive, and relationship-driven. Compassion, empathy, respect, integrity, and faith are foundational values of his practice. He strives to serve not merely as an attorney for a particular matter, but as a trusted counselor and business advisor who understands each client’s broader objectives.
In recognition of his professionalism and commitment to client service, Mr. Pratt has received top client ratings on Avvo and exceptional peer reviews through Martindale-Hubbell. He has also received Martindale-Hubbell’s Client Distinction Award and has been recognized among his region’s leading attorneys in trusts and estates, bankruptcy, and business law.
Mr. Pratt graduated with honors from the University of Oklahoma in 1993 and earned his Juris Doctor from Oklahoma City University School of Law in 1997. He is licensed to practice law in Texas and Oklahoma and is admitted before the United States District Courts for the Northern and Eastern Districts of Texas and the United States Tax Court. His federal bankruptcy practice is focused on Chapter 11, including Subchapter V reorganizations, and Chapter 7 matters before the United States Bankruptcy Courts for the Northern and Eastern Districts of Texas.
Mr. Pratt has been active in numerous local, state, and national legal and accounting organizations, including the National Academy of Elder Law Attorneys, the Dallas Estate Planning Council, the American Institute of Certified Public Accountants, and the American Association of Attorney-Certified Public Accountants.
Mr. Pratt serves clients throughout Texas and Oklahoma through Lone Star ★ Counsel—Attorneys, Counselors & Business Advisors.
Practice areas
Business/Corporate, Estate Planning & Probate, Bankruptcy: Consumer, Bankruptcy: BusinessFirst Admitted: 1997, Texas
Professional Webpage: https://texasestates.com/our-team
Bar / Professional Activity
- United States Bankruptcy Court - Eastern District of Texas, 2000
- United States Bankruptcy Court - Eastern District of Texas, 1999
- Mr. Pratt is a member of the Collin County, Denton County and Dallas County Bar Associations and the State Bar of Texas (Member, Bankruptcy, Real Estate, Estate Planning and Taxation Sections), the American Association of Attorney-Certified Public Accountants, National Academy of Elder Law Attorneys, American Bar Association (Member, Bankruptcy, Real Estate, Estate Planning and Taxation Sections), the North Texas and Dallas Estate Planning Councils, the Dallas Chapter of the National Council for Planned Giving, the America Institute of CPAs, the Texas Society of CPAs, and the Frisco Chamber of Commerce. Mr. Pratt is also an accredited attorney authorized to handle claims before the United States Department of Veterans Affairs. Mr. Pratt is admitted to practice law in all courts by the Texas Supreme Court and Oklahoma Supreme Court, and is also admitted to practice before the U.S. Court of Appeals, Fifth Circuit; U.S. District Courts for the Northern and Eastern Districts of Texas; and the United States Tax Court., 1997
- United States Bankruptcy Court - Northern District of Texas, 1999
- UNITED STATES TAX COURT, 1999
- Oklahoma State Bar, 2015
Special Licenses / Certifications
- Accredited Veterans Administration Attorney, 2001
- Certified Public Accountant - Oklahoma Board of Public Accountancy, 1997
- Certified Public Accountant - Texas State Board of Public Accountancy, 1997
Pro bono / Community Service
- Over 400 hours of Pro Bono services for multiple charitable organizations
Educational Background
- University of Oklahoma - BBA in Accounting, with Honors, 1993
Other Outstanding Achievements
- Recognized for Excellence in: Quality of Service, Overall Value, Responsiveness and Communication Ability, 2018
- Recognized for Excellence in: Quality of Service, Overall Value, Responsiveness and Communication Ability, 2015
Honors
- Certified Public Accountant, Texas State Board of Public Accountancy - 1997., Certified Public Accountant (CPA), Texas State Board of Public Accountancy, 1997
- Recognized for Excellence in Estate Planning and Probate, Recognized for Excellence in Estate Planning and Probate, Lawyers of Distinction, 2019
- Recognized for Excellence in: Quality of Service, Overall Value, Responsiveness and Communication Ability, Client Distinction Award, Martindale-Hubbell, 2015
- Recognized for Excellence in: Quality of Service, Overall Value, Responsiveness and Communication Ability, Client Distinction Award, Martindale-Hubbell, 2018
- Oklahoma Board of Public Accountancy - 1997., Certified Public Accountant (CPA), Oklahoma Board of Public Accountancy, 1997
Industry Groups
- TX Society Of CPAs; North TX Estate Planning Council; American Assoc CPAs
- TX Society Of CPAs; North TX Estate Planning Council; American Assoc CPAs
Selections
- Rising Stars: 2006