Billionaire investor Warren Buffett believes that every parent should have an open and honest conversation with their children about their will before they pass away. According to Buffett, this is crucial in preventing family disputes after the death of a loved one.
Buffett notes that many families fall apart due to jealousy and misunderstandings over inheritances. He suggests that parents should be willing to listen to their children’s questions and concerns, and accept reasonable suggestions.
The billionaire shares his own experience, stating that his father also followed this approach when discussing wills with him. Buffett’s wealth is estimated at $150.2 billion, making him one of the richest people in the world.
Buffett’s family members are also involved in philanthropic efforts, including his daughter Susie Buffett and sons Howard and Peter, who run foundations focused on education, food security, and indigenous peoples’ rights, respectively.
Source: https://telegrafi.com/en/Warren-Buffett-Before-you-die–no-matter-how-much-money-you-have–this-is-how-you-should-divide-your-wealth