“Thought for the Day” #605 – by Stephen R. Elville, J.D., LL.M.

October 22, 2015

As discussed in yesterday’s Thought of the Day, substantive Process in estate planning is the key to planning success.  Traditional estate planning (TEP) is one-dimensional and fails to incorporate significant Process (goals, ideals, benchmarks) to fully design and implement the planning.  TEP is analogous to a boat without sails or fuel, a car without a battery, a marriage without commitment.  It looks good, but it won’t go far.