Progeny Law Firm

Selecting a trustee is one of the most important—and most misunderstood—decisions in Estate Planning. While many individuals focus on who will receive their assets and how those assets will be distributed, far fewer consider the impact the Trustee will have on the management and distribution of those assets. This article explores why trustee selection matters, common pitfalls that lead to conflict and litigation, and how thoughtful planning can help preserve both family harmony and a lasting legacy. The post Trustee Selection: Why It Matters and How to Get It Right appeared first on Progeny Law Firm. http://dlvr.it/TQwy1g

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. The post When Estate Planning Fails: Family Infighting and the $10 Billion Lakers Sale appeared first on Progeny Law Firm. http://dlvr.it/TQpD7d