With the advent of diversified types of wealth, the increasing complexities of the economic structure, development of legal devices and statutory enactments, changing trends and theories of governmental emphasis on the social fabric through the power of taxation, estate plannmg has become a complex and involved problem, meriting the most careful consideration and best advice obtainable. The basic purpose of any plan for an individual's estate is to provide for the economic settlement of the estate and for its orderly and practical distribution in a manner commensurate with the personal requirements and economic needs of the beneficiaries. There can be no denying the importance of an orderly arrangement of family and business affairs in a nation such as ours, founded upon family tradition and dedicated to the preservation of individual enterprise.
Henry H. Judson,
The Function of the Corporate Trustee in the Planning of Estates,
24 Wash. L. Rev. & St. B.J.
Available at: https://digitalcommons.law.uw.edu/wlr/vol24/iss3/3