Do You Ever Wonder...The Hallmark Abstract Service Podcast

Do You Ever Wonder How Exit Planning, Life Planning, and AI Intersect?

Michael Haltman/Kathy Boyle Season 2 Episode 12

AI and machine learning as tools in developing a life or exit plan? Can they actually be useful?

On some mechanical level, perhaps when it comes to potential format or calculation, AI can play some role.

But on a broader scale, until there is the potential for machine learning to understand and compute emotion, nuance, interpersonal relationships, and how these pieces are put together, in my mind AI will be just another tool in a planner's arsenal.

The reality of course is that beyond the financial and structural expertise brought to the table by the planner, it's understanding the landscape of the human interaction between family members or business associates that will guide the trusted advisor, leading to a plan being developed and executed that serves all of the constituents in the desired way.

Enter Kathy Boyle, CEO of Chapin Hill Advisors.

Chapin Hill follows a methodology and process that bases its planning and future scenarios on real-world experiences and situations.

Chapin Hill takes into account the how and why clients got into their business and their personal, and family goals going forward. Chapin Hill assists business clients in creating strategic plans to either build the business for a future sale or to pass it to the next generation.

That same strategic plan guides planning for individuals or families where a business may not be in the mix.

Kathy is most definitely a leader in her field, and it was great having the opportunity to speak and learn more about both her and her business!
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