Family Business Succession Explained: Lessons from Jerry Buss and the Lakers
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Family Business Succession Explained: Lessons from Jerry Buss and the Lakers
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Join us on this episode of the FWD&T as we dive into what really happened after Lakers owner Jerry Buss passed away. His estate plan was meant to keep the team in the family—but what unfolded was a front-row seat to the drama that can follow when trusts, succession plans, and family dynamics collide.
We’re joined by our brilliant guest Kristina Wilson as we discuss:
✅ Why Jerry’s plan to divide the Lakers equally among his six kids sounded good—but didn’t go smoothly
✅How Jeanie Buss made the tough call to remove her brother from the team’s leadership
✅And what every business owner can take away from this real-life case This is one of those stories where estate planning, legacy, and family all go head-to-head—and we’re here to help you learn from it.