The recent $10 billion sale of the Los Angeles Lakers provides a powerful cautionary tale about Estate Planning, family conflict, and business succession. Despite a sophisticated Trust designed to keep ownership in the Buss family, structural flaws and sibling rivalries ultimately dismantled Jerry Buss’s legacy. This case illustrates why even well-drafted Estate Plans can fail when they ignore real-world dynamics. Learn the critical lessons every family business owner should consider before it’s too late. Continue reading to learn more.
Estate Planning Attorney at Progeny Law Firm
Myrna Arroyo graduated from Tulane University with an MBA/JD in May of 1995. Before starting her own law practice she practiced at several large law firms and has over 20 years of experience as a lawyer and entrepreneur. Read More!
Latest posts by Myrna Arroyo (see all)
- Why Having a Will Does Not Avoid Succession in Louisiana - September 3, 2026
- Inheriting an IRA in Louisiana: What Beneficiaries Need to Know - August 27, 2026
- Still Fighting: The Estate Planning Legacy of Shannen Doherty - July 23, 2026
