Warren Buffett assails 'dynastic wealth,' cuts future generations from estate

Warren Buffett outlines his detailed plan for distributing his wealth after his death. He hopes his children will live long enough to donate to philanthropic causes, with alternate trustees named if not. Buffett continues his tradition of donating over $1.1 billion in Berkshire Hathaway stock to his family's foundations during Thanksgiving.

What is the main focus of Warren Buffett's detailed plan?

• Retirement plans

• Investment strategies

• Wealth distribution after his death

• Business expansion

What does Warren Buffett hope his children will do?

• Donate to philanthropic causes

• Start new businesses

• Write a book

• Travel the world

What is the backup plan if Buffett's children cannot donate?

• Create a new foundation

• Invest in real estate

• Appoint three unnamed trustees

• Sell the company

How much stock does Buffett donate annually during Thanksgiving?

• $3 billion

• $2 billion

• $1.1 billion

• $500 million

To whom does Buffett donate his company's stock?

• Local schools

• His business partners

• His family's foundations

• International charities