The billionaire investor has a simple estate-planning suggestion for parents. It’s one that lots of us would rather ignore.

Warren Buffett said he's gifting $1.2 billion of stock to his family's foundations and chose three potential trustees to disperse his wealth if needed.

Equal opportunity should begin at birth,’ wrote the Oracle of Omaha, as he chastised those with ‘extreme look-at-me styles of living.’ Warren Buffett has distributed another $1 billion of his wealth in what is fast becoming a Thanksgiving tradition for the world’s seventh-richest man.