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BusinessAug 20, 2026Source: CNBC Business

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

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.

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