U-Haul's Succession Planning Nightmare: A Billion-Dollar Feud
Having Fun with Death & Taxes by Having Fun with Death & Taxes
Episode notes
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 pr ...