Succession: Fiction and Real-life | Succession & The Arnault Family

This week we are once again tackling the topic of Succession Planning, which is the process businesses should go through as it determines what would happen to the business if the owner were to pass away suddenly,  become incapacitated, or retire.  First, we discuss a very talked about TV show that is currently heading to its 4th season. This show is an Estate Planner’s dream in terms of the themes it deals with: HBO’s Succession. We will only be discussing the first episode of the first season but those 40 minutes are enough to give us something to talk about. Next, we discuss a real-life plot that sounds a lot like the fictional one: The French Luxury goods consortium LVMH run by Bernard Arnault and his 5 children. 

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