| Abstrakt: |
The term "estate planning" is not preferred by experts. "Estate analysis" more accurately imports a study of the problems involved in any personalized situation—the plan is the solution resulting only from intensive study. But physicians are, perhaps, the poorest examples of constructive planning. They complain about taxes—yet they do everything possible to throw their income and estate taxes into the highest possible brackets, with no sound thought as to how to reduce them. Inevitably, they are in need of sound investments, but they seek no expert consultation and invest in almost any proposition advanced by a smooth promoter. They fret about their wives' lack of sound business judgment, yet make no provision for the solution of financial problems which are certain to arise on their deaths—leaving widows with many headaches, little experience, and every opportunity for losing their security to the first slick-tongued salesman who comes along. Physicians talk about |
