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Keystone Law - March 2020
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We Make Our Own Luck Lessons From Estate Planning
As we gear up to celebrate St. Patrick’s Day, there tends to be a lot of four-leaf clover images cropping up, along with talk about the “luck of the Irish.”While I can’t speak for the people of Ireland, I can say that in my experience, regular old luck doesn’t exactly work the way people want it to. In fact, the very idea can be a dangerous one. To be clear, I’m not saying that there’s no such thing as luck — everyone has their windfalls every once in a while. But if you find yourself in the right place at the right time but aren’t prepared to make the most of that moment, is that really lucky? Personally, I don’t think so, and I’m not alone. According to researchers, good fortune is less about whether or not you have it and more about what you do with it. For example, in his famous book “Great by Choice,” Jim Collins and his team of researchers examined some of the world’s biggest companies to try and suss out how much of their success could be chalked up to sheer luck. After nine years of >Page 1 Page 2 Page 3 Page 4
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