¨    Decision-making.   Wealth management, including tax planning, requires a decision-making process that is more like that needed for an active business than a passive portfolio. In evaluating a plan, there are various intangibles that must be considered. What is the level of risk of a bad result, and will a good result require that you tolerate an unacceptable level of uncertainty for an extended period of time? Does the strategy require you to change your personal views on how to manage wealth for yourself and your beneficiaries? Do you have to be, or want to be, personally involved in managing the plan or its consequences? Does the plan require or create liquidity now or at some time in the future, and is that desirable, realistic, and consistent with your other goals? In evaluating a plan, you should not ignore these kinds of factors just because they are difficult to measure.   Details