The Estate Planning Council of Birmingham, Inc. became the successor on December 31, 1984, to the Estate Planning Council of Birmingham, a nonprofit association which was organized on January 6, 1960. The Corporation was incorporated under the Alabama Nonprofit Corporation Act on December 31, 1984. The Council was established by a group of forward-looking individuals who recognized the need of combining the efforts of attorneys, accountants, trust officers, and life insurance underwriters in the best interests of their clients. In 1991, eligibility for membership was opened to certified financial planners. High tax rates and the complexity of tax laws had introduced many new problems of estate conservation and distribution. A new specialty, 'estate planning', had come into being.