August 27, 2026|Press
Partner Steven Fox was quoted in a recent article published by CNBC titled “What the Buss family Lakers dispute can teach the wealthy about trusts”.
“Steven Fox, partner at Buchalter, said it’s common for parents passing down a business to want to limit the number of stakeholders. However, this type of clause is unusual, he said.
“I rarely draft that into estate plans, because just because one sibling has cancer and all of a sudden is going to die young, it’s not fair for their children to be divested,” he said. Fox, like the other attorneys who spoke to CNBC, has not seen the terms of the Buss family trust.”
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