Fourth Quarter 2016|Jim Williams| The landscape for personal financial planning will change this year. It is highly likely we will see changes in the income tax and estate tax areas. There has grown up, to the extent it did not exist before, a cottage industry in prognostication about where things are headed. Of course, like almost all prognostications, most of these will turn out to be wrong and as always we recommend you treat prognostications with a good dose of skepticism. They are guesses. No more, no less. One subject of interest is whether the recently promulgated DOL (fiduciary) rule, which I discussed in our 1st Quarter 2016 letter, will be repealed or otherwise vacated.