Buffett, 94, recently publicly announced his inheritance arrangements: he plans to leave 0.5% of his personal fortune to his three children, with the rest of his wealth going to the family's four charitable foundations. Buffett's total wealth is approximately $150 billion, and the portion left to his children is approximately $140 billion left in these family trusts. The inheritance tax in the United States is quite high, ranging from a minimum of 18% to a maximum of 50% . If Buffett's wealth is passed directly to his children, they may have to pay a lot of inheritance tax or even have half of his fortune confiscated. But by donating to charitable foundations controlled by his family, Buffett not only avoids high inheritance taxes, but can also retain control over those foundations. In this way, he not only allows the family wealth to continue to be passed down, but also improves the family's social image. This move is actually very smart. It not only gains reputation for you and your family, but also effectively avoids loss of wealth. In this way, Buffett left his wealth to his family and demonstrated the great importance of "donation". He has acquired both fame and fortune. Therefore, when looking at what these super-rich people are doing, do not be too naive. The "routine" behind it is often deeper than we think. $LQTY