Rebecca B. Hurst

Rebecca B. Hurst

Managing Partner

rhurst@smithhurst.com

Profile

Experience

Rebecca is a co-founder and the managing partner of Smith Hurst. She focuses her practice on planning the businesses, estates, family offices and charitable organizations of some of Arkansas’s highest net worth individuals and families. Since 2007 she has been an adjunct professor at the University of Arkansas School of Law where she teaches advanced classes in Estate Planning and Nonprofit Organizations and previously taught courses in Federal Estate and Gift Tax and Wills, Trusts, and Estates.

Prior to founding Smith Hurst, PLC, Ms. Hurst practiced in the estate planning and tax-exempt organizations practice groups of the largest Arkansas based law firm. Before starting her legal career, Ms. Hurst worked as an accountant for Beverly Enterprises (now Golden Living) in Fort Smith, Arkansas, serving seventeen skilled nursing facilities with their Medicare, Medicaid and financial audit and reporting matters.

Education

New York University School of Law
Masters of Law (LL.M.) in Taxation (2006)

University of Arkansas School of Law
Juris Doctorate, magna cum laude (2005)
Arkansas Law Review, Executive Editor
Charles Thomas Pearson Fellow and scholarship recipient
Phi Alpha Delta, Justice

Arkansas State University
Bachelor of Science, Accounting, magna cum laude and first in degree (2001)
Recipient of Outstanding Accounting Student Award
Recipient of Distinguished Business Transfer Student Award
Gamma Beta Phi Honor Society

Recognition, Awards and Honors

Rebecca was named as one of the top Women in Business honorees by the Northwest Arkansas Business Journal in 2017. She was also recognized as the recipient of the Outstanding Young Alumni Award in 2018 by the University of Arkansas Fort Smith Alumni Council.

Rebecca has been recognized in The Best Lawyers in America™ 2018 in the field of Tax Law, Corporate Law, and Trusts and Estates Law. Rebecca has also been recognized in Chambers & Partners USA America’s Leading Lawyers for Business as a leading lawyer in the fields of corporate and commercial law. Rebecca has been named a Super Lawyer since 2012 by Mid-South Super Lawyers in the field of Estate Planning.

In 2010, Rebecca was recognized in the Northwest Arkansas Business Journal’s Forty Under 40 list of business leaders and successful individuals.

Rebecca has been awarded an AV rating by Martindale-Hubbell, which is the highest rating available for a lawyer’s legal ability and professional ethics.

Community Service and Activities

In 2018, Rebecca was appointed by Governor Asa Hutchinson to serve on the Advisory Council to the Arkansas Arts Council. Rebecca also currently serves on the Corporate Leadership Council for the Walton Arts Center, and on the Gift Planning Advisory Council for Arkansas Children’s Hospital. Rebecca is also a member of the Committee on Directors and Board of Directors of the University of Arkansas Fort Smith Foundation and the Board of Directors of the Morgan Nick Foundation. She also serves as a member of Fayetteville’s Future Committee, the Political Action Committee for the Fayetteville Chamber of Commerce.

Rebecca was a 2013 graduate of Leadership Fayetteville. She has served on the Board of Directors for the Fayetteville Division of the Arkansas Community Foundation, the Steering Committee for the Komen Ozark Race for the Cure and ended her term of service as a founding member of the University of Arkansas Fort Smith Alumni Advisory Council.

Rebecca is also a member of the American Bar Association (member, Business, Tax, and Trusts and Estates Sections) and Arkansas Bar Association (member, Tax, Real Property, and Trusts and Estates Sections).

Rebecca additionally has devoted significant pro bono time to drafting a manual and sample wills for Habitat for Humanity’s Wills Project. She is a frequent speaker on business planning, asset protection, taxation, estate planning, and tax-exempt organization topics.

Publications

SEC Lifts Ban on General Solicitation, Adopts “Bad Actor” Rules and Proposes Changes to Regulation D and Form D, 2013 Ark. Law Notes, at http://media.law.uark.edu/arklawnotes/2013/07/24/sec-lifts-ban-on-general-solicitation-adopts-bad-actor-rules-and-proposes-changes-to-regulation-d-and-form-d/ (Jul. 24, 2013).

Estate Planning for Hospice Patients: A Manual and Guide for Legal Aid Attorneys, Legal Aid of Arkansas (2008).

A Change in Planning: Estate of Strangi v. Commissioner’s Effect on the Use of Family Limited Partnerships in Estate Planning, 57 Ark. L. Rev. 595 (2004).

Practice Areas

Business Transactions
Corporate Finance
Corporate Law
Entrepreneurial Services
Executive Compensation
Financial Institutions and Banking
Health Care Professionals, Practices and Ambulatory Surgery Centers
Informational Technology and E-Commerce
Mergers and Acquisitions and Reorganizations
New Market Tax Credits
Professional Service Companies and Professionals
Real Estate
Retail and Consumer Products and Services
Securities
Taxation
Trade Secrets and Employee MobilityVenture Capital; Private Equity; Private Placement of Securities and Emerging Markets