"... Buffett highlights why he takes to the time to walk his children through any changes he makes to his "last will and testament" before he signs it. This is in stark contrast to other wealthy families. 52% of parents with more than $3 million in investable assets have yet to fully disclose the depth of their wealth with their children and 15% haven't said a peep about it, according to U.S. Trust's Insights on Wealth and Worth study. ..."
Read the entire article: http://www.fool.com/investing/general/2014/07/13/1-valuable-parenting-lesson-from-warren-buffett.aspx