26. Current Plan Flowchart

All plans include a summary of the client's current situation. Clients often remark that they did not understand their legal documents until we flowcharted the implications for them. The flow chart shows how much wealth goes to taxes. You can also see whether your children will receive as much as you would like, or whether the children will receive too much. Many of us like the wisdom implicit in the advice of Warren Buffett, who said, "I want to give my children enough money so that they feel they can do anything, but not so much that they would do nothing."