Friday, July 17, 2009

Inaugural Post

Welcome to my first post to this blog. This blog is designed to post thoughts [and hopefully insights] into the estate planning, and probate issues affecting those in the "Midsouth" - defined by me as those in West Tennessee, and Northern Mississippi, where I practice law.

I am a former trust officer, who worked in planned giving, then advanced marketing for an insurance company; moved on to the trust business where I was trust and compliance officers of a bank "EB" trust department, started my own retirement plan administration and consulting business, then manager of the EB trust department at another bank. I went to law school at Tulane, then Masters in Tax Law at Boston University, before moving to Memphis, TN. Thank you, thank you very much.

Anyway, I hope to share both thoughts about the process of estate planning, asset protection planning [which I take a somewhat expansive view of - not just stopping your financial creditors from getting paid, but preventing/impeding fraud on you, your spouse, kids] the psychology of why it does or doesn't get done, rants about people doing cheap and/or stupid things that cost them or their families long term [no names] and ideas on how to do better.

Why do you suppose that only 30 to 40% of people do estate planning?