Louis S. Harrison and Meredith B. Martin contributed a two-part article series to WealthManagement titled, "Revisiting the Estate-Planning Attorney's Standard of Care in the Age of Artificial and Actual Intelligence."
Lou and Meredith ask readers to take a look at the new landscape of estate planning in the age of AI and share their thoughts on the appropriate standard of care (SOC) for estate planning attorneys in a territory new to most. As they note in the article, "Two years ago, most people weren’t thinking about artificial intelligence (AI); today, it’s a variable in our lives and an ever-present tool (or threat) to practice as we know it."
Part I: Estate-Planning Attorney’s Standard of Care
Part II: Revisiting the Attorney’s Standard of Care Part II
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Lou is founding partner and chair emeritus of Harrison LLP and practices out of the Chicago office. His practice encompasses all aspects of trust and estate planning, including estate and business planning for closely held companies. Lou has long been recognized as one of the premier estate planning attorneys in the country. During his nearly four-decade career, he has developed unique and creative estate planning techniques which are utilized by high-end estate planners across the country.
Meredith is a partner in Harrison's Naples office and advises individuals and families in all aspects of private wealth planning, including estate planning, estate and gift tax planning, asset protection planning, prenuptial and postnuptial agreements, business succession planning, and estate and trust administration. She is licensed in Florida and Maryland and has a particular focus on clients who are present in multiple jurisdictions or require counsel regarding residency and tax planning issues.
About Wealth Management
Wealth Management, launched in 1976 as Registered Representative Magazine and adapted with industry changes ever since charting the course for the wealth management industry. Wealth Management is the most respected award-winning editorial, delivering timely news, second-day analysis, insights and research that help advisors and executives stay ahead in a competitive marketplace.
About Harrison LLP
Harrison LLP is a national law firm that assists clients in defining and achieving their private wealth goals, delivering peace of mind through sophisticated and practical legal counsel. Founded in 2003, the firm advises fiduciaries, high net worth families, and family offices on estate planning, trust administration, charitable guidance, tax controversies, trust and estate litigation, succession planning, and family law.