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Tax Guy: Warren Buffett missed out on this lucrative double tax break with his $3.6 billion donation

You know the old saying: the only two sure things in life are death and taxes. I agree with the first one, but taxes can often be minimized or even entirely avoided with advance planning. And the federal estate tax can be entirely avoided for sure. Ask Warren Buffett, who just took another step in that direction. Here’s the story.

Oracle of Omaha will give $3.6 billion in Berkshire Hathaway shares to charity

Mr. Buffett will convert 11,250 of his Class A Berkshire Hathaway shares into 16.875 million Class B shares and then donate those shares to five charitable foundations: the Bill & Melinda Gates Foundation, the Susan Thompson Buffett Foundation, the Sherwood Foundation, the Howard G.

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