Dear Friend,

When Warren Buffett, the legendary businessman and leader of Berkshire Hathaway, eventually passes away, the philanthropic world will witness a powerful shift. The next generation of Buffetts—Howard, Susie, and Peter—will take the reins, becoming one of the most influential forces in philanthropy. Buffett, now 94, announced in June that his nearly $144 billion fortune will be donated to a charitable trust managed by his three children, giving them the responsibility of distributing his wealth within ten years of his passing.

Building a Legacy That Lasts

The Buffetts’ story is a powerful reminder that legacies are about so much more than just accumulating wealth—they’re about making a difference in the world. But creating a meaningful legacy doesn’t happen by accident. It requires careful planning, clear intentions, and the right guidance so that your values and wishes are honored long after you’re gone.

Most of us do not have billions to leave behind, but the principles of thoughtful estate planning apply to everyone. Whether it’s making sure your family is taken care of, supporting causes close to your heart, or passing down values along with wealth, a well-crafted estate plan is the key to making your impact felt.

Why Estate Planning Matters for Everyone

Warren Buffett’s decision to involve his children in philanthropy underscores an important lesson: estate planning is not just about distributing assets; it’s about creating a roadmap for the future. It’s about making sure your wishes are respected and that your legacy continues to make a positive impact.

At Bascom Law, we specialize in helping individuals and families create estate plans that go beyond the basics. We work with you to craft a plan that reflects your values, secures your family’s future, and makes a lasting impact. Whether you want to leave assets to your children, donate to charities, or establish a foundation, we have the expertise to make it happen.

Here’s how we can help:

  1. Personalized Planning: We’ll take the time to understand your unique goals and craft a plan that reflects your intentions, ensuring your assets are distributed according to your wishes.
  2. Philanthropic Strategies: Just like Warren Buffett, you can use your estate to support causes you care about. We’ll guide you through the options, from charitable trusts to direct donations, helping you maximize the impact of your giving.
  3. Family Guidance: Involving your family in your estate plan can provide them with a sense of purpose and direction. We’ll help you communicate your wishes clearly so your loved ones are prepared to carry on your legacy.
  4. Tax Efficiency: We’ll help you navigate the complexities of estate and gift taxes, ensuring that more of your assets go to your loved ones and chosen causes rather than being lost to taxes.

Don’t leave your legacy to chance—start planning today.

The next generation of Buffetts will soon be shaping the world of philanthropy, and their journey serves as an important reminder that we all have the power to make a difference. With proper planning, your legacy can reflect your values, protect your family, and leave a lasting impact.

Call Bascom Law at 770-285-5493 to schedule a consultation. Whether you’re looking to create a charitable trust, ensure your family’s security, or simply want to understand your options, we’re here to help you craft a plan that honors your life’s work.

Secure your legacy, support your passions, and protect your family with Bascom Law. Your impact can last far beyond your lifetime.

Sincerely and Thanks,

Mike Bascom

Bascom Law, PC