U-Haul's Succession Planning Nightmare: A Billion-Dollar Feud

When U-Haul patriarch Leonard Shoen casually gifted shares to his children, he sparked a decades-long corporate bloodbath and a staggering $1.5 billion legal war.

In this episode of Having Fun with Death and Taxes, Estate Planning Attorney Leslie Marenco and Corporate Attorney Kristina Wilson, break down the chaotic, multi-generational legal war behind the U-Haul empire. The family drama escalated into a hostile takeover, a boardroom coup, and even a tragic murder featured on Unsolved Mysteries.

A must-listen for anyone scaling a family business, this episode covers exactly what not to do, including:

✋ The massive risks of gifting company shares without strong operating agreements.

✋ The dangers of "Frankensteining" legal documents from the internet to save a few bucks.

✋ How to use strategic estate planning to protect founders and restrict non-working family members to non-voting stock.