No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

CNBC

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

Thursday, August 20, 2026


Financial advisors and lawyers told CNBC that many wealthy families have not established plans for transferring control of assets or businesses when a parent ages or becomes unable to manage them.

Original reporting: https://www.cnbc.com/2026/08/20/wealthy-families-aging-parents-succession.html

Next story

The Treasury's debt buyback, Walmart earnings, Boise's AI boom and more in Morning Squawk