Lloyd, born in Duncan, Oklahoma and raised in Marlow, Oklahoma, received his undergraduate degree in accounting from Oklahoma State University in 1977. He received his law degree from the University of Texas School of Law in 1980. He is also a Certified Public Accountant. Lloyd established the firm in 1985.
Lloyd is a member of the Oklahoma County, Oklahoma and Texas Bar Associations. He is a Fellow in The American College of Trust and Estate Counsel and past chairman of the Estate Planning and Probate Section of the Oklahoma Bar Association. He is also a member of the Oklahoma City Estate Planning Council and the Christian Legal Society. He is past president of the Oklahoma City Lawyers' Tax Group, as well as a past officer and director for the Oklahoma City Estate Planning Council. Lloyd is currently serving on the Elder Law Committee for the American College of Trust and Estate Counsel and is past co-chairman of the Elder Abuse Sub-Committee. He is a volunteer, past chairman of the board of directors, and current treasurer for Trinity Legal Clinic of Oklahoma, a Christian legal aid clinic for homeless and poor persons.
Lloyd has served as Adjunct Professor of Law in Estate Planning and Estate Administration at Oklahoma City University School of Law and the University of Oklahoma College of Law. In addition, Lloyd served on the Board of Directors of Kirkpatrick Bank, formerly American Bank and Trust of Edmond, for seventeen years.
Prior to establishing the firm in Edmond, Lloyd worked with the law firm of Crowe & Dunlevy in Oklahoma City and with the accounting firm of Peat, Marwick & Mitchell (now KPMG) in Austin, Texas.
Lloyd practices primarily in the areas of estate planning, probate, trust law and federal and state taxation. Lloyd's expertise and experience in estate planning and probate has earned him inclusion in Oklahoma Super Lawyers, a magazine that identifies those attorneys which are in the top 5% of their field.
Lloyd is married to Karla McAlister, who is also an attorney in the firm. They have three children, Grant, Kalyn and Logan, and attend Faith Bible Church in Edmond where Lloyd serves as a teacher in the college Sunday School class, chairman of the Men's Ministry team and former Elder. Lloyd enjoys family vacations and cherishes the time he has to read and be involved in other shared educational opportunities. He also likes sports, both as a participant and an observer. In 2012, Lloyd and Karla were blessed to travel to India to visit their son, as part of a ‘round the world in 33 days' trip of a lifetime.