Business

Wealthy Families and Succession Planning

Updated 2026-08-20 12:40 UTC 1 source Neutral

Experts advise wealthy families on preparing for the aging of their parents to avoid succession crises, highlighting that few are currently addressing this issue.

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CNBC

How wealthy families can prepare for aging parents and avoid a succession crisis

Relatively few wealthy families are addressing the question of when an aging parent should give up control, advisors and lawyers told CNBC.

2026-08-20 12:30 UTC