From The Certified Elder Law Attorney's Desk:

William W. “Bill” Erhart

Have You Spoken to Your Children about Your Will? Well Warren Buffet Has. Why Not You?

A recent article in the Wall Street Journal touts Warren Buffet’s philosophy for discussing an estate plan with one’s children before executing it. Mr. Buffet is worth about $150 billion. Probably your estate is a little less than that. But the principle behind the suggestion is sound however much you may have. Mature children should understand your plan and the rationale behind it.

At Estate & Elder Law Services that principle has been foundational for our estate planning process.

Several factors are in play. The first is not about transferring wealth, but teaching your agents, beneficiaries, and successors what is expected of them...

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