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

How wealthy families can prepare for aging parents, avoid succession crisis Skip Navigation Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics & Policy White House Policy Defense Congress Expanding Opportunity Video Latest Video Full Episodes Livestream Live Audio Live TV Schedule CNBC Podcasts CEO Interviews CNBC Documentaries Digital Originals Watchlist Investing Club Trust Portfolio Analysis Trade Alerts Meeting Videos Homestretch Jim's Columns Education Subscribe PRO Pro News Josh Brown Mike Santoli Calls of the Day My Portfolio Livestream Full Episodes Stock Screener Market Forecast Options Investing Chart Investing Subscribe Livestream Menu Make It select USA INTL Livestream Search quotes, news & videos Livestream Watchlist SIGN IN Create free account Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Inside Alts Family Offices High-Net-Worth Investing Advisory Board Newsletter Sign-Up Inside Wealth How wealthy families can prepare for aging parents and avoid a succession crisis Published Thu, Aug 20 2026 8:30 AM EDT Hayley Cuccinello @in/hayleycuccinello/ @HCuccinello WATCH LIVE Key Points Relatively few wealthy families are addressing the question of when an aging parent should give up control, advisors and lawyers told CNBC. Waiting until a parent's cognitive decline is apparent can leave families scrambling over who controls their fortune. Experts offer four tips to make it easier for parents to pass on the reins to the family business. Westend61 | Westend61 | Getty Images A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Bu özet bilgilendirme amaçlıdır, yatırım tavsiyesi değildir. — hisseonlinebot