Forget E. F. Hutton; when Warren Buffett talks, people listen. And I don’t feel like that’s simply because he’s the world’s most famous investor, though he is. He’s a person of wisdom. A wisdom that seems to have been applied not only in his investing, but also in his marriage, his parenting, and his own personal finances.
The Oracle of Omaha, Himself
So when he recently offered his personal advice on estate planning—on how, when, and why you should talk to your kids about your estate plans—it certainly got my attention. And it offers a framework for all of us, regardless of our net worth.
Buffett’s Estate Planning Advice
“When your children are mature,” Buffett said, “have them read your will…