Background:

Class: "Drafting and Analyzing Estate Planning Documents

Prerequisite: Trusts and Estates ("T&E")

Have I taken T&E? Of course not. 

1st Thoughts:

#3 Rule of Law Students: They see law, not technology as the best means to change the world for the better. 

In other words, law students are incredibly out of the loop at best, and incredibly self-absorbed and ignorant at worst. I would side with the latter. And don't even get me started on the professors...that deserves it's own post, or 5. 

I would bet a lot of money that nobody in this class has any idea what Steemit is. Blockchain is changing the world, and it is going to make (hopefully) most of this legal nonsense obsolete. 

"What are smart contracts," asked the inquiring law student? 

"Smart contracts are computer protocols (i.e. written code) that enforce, verify, and execute the performance of the contract on a blockchain in 100% accordance with the code." 

"Ummmm, I think I'll just stick with dumb contracts." 

Wills, trusts, and estate planning in general is legal work prime for blockchain disruption. In law school, you read 200-year old cases, but about zero attention is paid to innovative technologies that will make what is being taught obsolete!

Should we really be surprised? 

 

2nd Thoughts:

Professors are horrible (To be continued)