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☆ Warren Buffett has advice for parents on inheritance planning
▼ + stars: | 2024-11-25 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

AdvertisementWarren Buffett shared advice on discussing inheritance with children in a nearly 1,500-word letter. Warren Buffett is sharing wisdom for parents: talk to your kids about their inheritance — before it's too late. Advertisement"When your children are mature, have them read your will before you sign it," Buffett wrote. in respect to testamentary decisions when you are no longer able to respond," Buffett wrote in the letter. Along with Melinda French Gates and Bill Gates, Buffett founded the Giving Pledge, a commitment for the world's billionaires to give the majority of their wealth towards philanthropy.

Persons: Warren Buffett, Buffett, they're, it's, Berkshire Hathaway, Susan Buffett, Howard, Peter, Susan, he's, jealousies, I've, Melinda French Gates, Bill Gates, Michael Bloomberg Organizations: Berkshire, Forbes

☆ Warren Buffett suggests all parents do one thing before they die, whether they have 'modest or staggering wealth'
▼ + stars: | 2024-11-25 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

"Kids' imagination can run wild with what they think they should be getting," he said. Well, that's exactly why you want to discuss it, and not "punt that mess for when you're not around," Boneparth said. A child with a spending problem might inherit a trust, Boneparth added, in which they receive their bequest in regular installments. Aitor Diago | Moment | Getty ImagesYou might ask the well-off child, McClanahan said, "'Do you really care how I leave our assets? "When you're creating your estate document, ask your children in advance what's important to them," McClanahan said.

Persons: Warren Buffett, Berkshire Hathaway Inc Daniel Zuchnik, Douglas Boneparth, Boneparth, Buffett, you'll, Carolyn McClanahan, Aitor, McClanahan Organizations: Berkshire Hathaway Inc, Planning Partners Locations: New York City, Jacksonville , Florida

☆ Did Trump’s lawyers misquote George Washington? Here’s what the first president actually said
▼ + stars: | 2024-04-25 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

CNN —Searching for some evidence that the Founding Fathers would have supported “absolute immunity” from criminal prosecution for former President Donald Trump, his lawyers have turned to George Washington. Washington’s thought does not end where Trump’s lawyers put the period. In his farewell address, the first president advised his fellow citizens that “Religion and morality” were the “great Pillars of human happiness, these firmest props of the duties of Men and citizens." Another Washington historian, Alexis Coe, who wrote a recent biography, described the Trump lawyers’ view of Washington’s farewell address as “bonkers.” She thinks that rather than trying to seek exemption from laws, Washington would find ways around them. Anything that delays Trump’s prosecution is a clear win for the former president, who is playing for time until the November election.

Persons: Donald Trump, George Washington, Washington’s, Washington, inoculate Trump, John Sauer, “, John Avlon, “ Washington, ” Avlon, Ketanji Brown Jackson, Sauer, ”, Alexis Coe, –, Coe, Doris Kearns Goodwin, Trump, Will Trump, Trump’s, Samuel Alito, Neil Gorsuch, ” Gorsuch Organizations: CNN, US, Congress, gaslight, Trump . Washington, Trump, Constitutional Locations: United States, Washington, “, New York, Trump ., Pennsylvania

☆ A Writer’s Memorial to a Lover, and an Era, Lost to AIDS
▼ + stars: | 2023-11-14 | by ( Mattilda Bernstein Sycamore | ) www.nytimes.com time to read: +2 min

The result interweaves elements of biography, memoir, psychotherapy, philosophy and confession. Glück’s long struggle to write this book remains palpable in its fragmented structure. “About Ed” may be Glück’s homage to Ed, but that doesn’t mean their relationship was easy. But ultimately, “About Ed” looks not so much toward the future as it does toward a suspended past. If this is a book about a lost loved one, it is also a memorial to a lost sensibility, a period in the 1970s when sex was “founded on hope,” before the onslaught of the AIDS crisis.

Persons: Robert Glück “, ” Robert Glück, ”, Ed Aulerich, it’s, we’ve, Ed, Ed ”, “

☆ Remembering the Rappers We Lost
▼ + stars: | 2023-08-08 | by ( Danyel | ) www.nytimes.com time to read: +4 min

That same year, the Recording Academy finally included a rap category in the Grammy Awards, and Will Smith, a.k.a. And then, in September 1996, Tupac Shakur died at 25 in Las Vegas, having been shot four times. Hill’s was the first hip-hop album to win album of the year (along with four other Grammys). In 1999, Big L of Harlem (Lamont Coleman) was shot nine times in the face and chest on West 139th Street near his Harlem home. On Oct. 30, 2002, Run-DMC’s D.J., Jason Mizell, known as Jam Master Jay, was killed in his Queens recording studio at age 37.

Persons: Will Smith, a.k.a, DJ Jazzy Jeff, “, ”, Tupac Shakur, Roland Bishop, Ernest Dickerson’s, Christopher Wallace, poolside partyer, DJ Quik, Gen, Biggie Smalls, Shakur, Will, Biggie, ’ Raymond Rodgers, Evans’s, Kirk Franklin, Cheryl James, Lauryn Hill ”, Jay, Z’s, Hill’s, Big, Harlem, Lamont Coleman, Jason Mizell, Mizell, Rap Organizations: Recording Academy, Billboard, Motown, Queens Locations: Florida, Las Vegas, God’s, Harlem

☆ The Founders Anticipated the Threat of Trump
▼ + stars: | 2023-08-05 | by ( Jeffrey Rosen | ) www.wsj.com time to read: 1 min

The allegations in the indictment of Donald Trump for conspiring to overturn the election of 2020 represent the American Founders’ nightmare. A key concern of James Madison and Alexander Hamilton was that demagogues would incite mobs and factions to defy the rule of law, overturn free and fair elections and undermine American democracy. “The only path to a subversion of the republican system of the Country is, by flattering the prejudices of the people, and exciting their jealousies and apprehensions, to throw affairs into confusion, and bring on civil commotion,” Alexander Hamilton wrote in 1790. “When a man unprincipled in private life desperate in his fortune, bold in his temper…is seen to mount the hobby horse of popularity,” Hamilton warned, “he may ‘ride the storm and direct the whirlwind.’”

Persons: Donald Trump, James Madison, Alexander Hamilton, demagogues, ” Alexander Hamilton, ” Hamilton, “ Locations: American

☆ Review: Problematic Attachments in ‘Aspects of Love’
▼ + stars: | 2023-05-26 | by ( Houman Barekat | ) www.nytimes.com time to read: +1 min

For those who find regular love triangles too pedestrian, quadrangles and pentagons are also available. Unconventional arrangements are the order of the day in a dynamic revival of Andrew Lloyd Webber’s “Aspects of Love,” which opened on Thursday at the Lyric Theater in London. (It is a lot raunchier than Lloyd Webber’s most recent work, which invited the audience to “sing unto the Lord with the harp” during the coronation of King Charles III.) This “Aspects of Love” is exquisitely produced and superbly performed, but — like many a real-life libertine — it eventually buckles under the weight of its excesses. Alex, 18, invites Rose to stay with him at a villa owned by George (Michael Ball), his rich uncle, and the two fall in love.

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