“Legacy is not about leaving something for people, it’s about leaving something behind IN people.”
— Peter Strople
Many retirees create estate plans with their attorneys. They get a big binder with their documents, hopefully they update their beneficiaries, retitle their assets to their trust, and then they throw that big binder in a safe and “tell their kids where it is.”
But they ignore the fact that some day those documents will be read by their beneficiaries, or, perhaps an ‘ex-beneficiary.’
Warren Buffet has a different take on estate planning that we will dive into today.
So, we’re going to dive into Warren Buffett’s annual ‘Thanksgiving Letter.’
Then, I’ll also discuss 3 potential reasons this might be hard for you.
And as a result, I’ll give you 5 tips to make it easier to at least get the ball rolling.
I hope you all find this episode helpful. Make sure to follow along and share this with a friend/family member who would also find it useful.
-Kevin
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This is for general education purposes only and should not be considered as tax, legal or investment advice.
