Succession planning is not just about what happens when you retire. It is about ensuring the business can thrive without you.

What if the infrastructure doesn't exist to answer it. Next-gen family members want visibility into how decisions get made. That request is entirely reasonable. What's missing is the layer that would make honouring it possible. The next generation is consistent about one thing. They want more communication. More transparency. More visibility into how decisions are made. This is not a cultural complaint. It is not ingratitude dressed up as governance feedback. The ask is legi

The release of Deloitte Private’s global Family Business Insights Series: Family Business Succession Planning and the Next Generation, 2026 reveals the experience family businesses have with succession planning in today’s environment and the challenges they face in preparing the next-generation for leadership. Based on a survey of 1,587 family businesses with revenues of at least US$100 million across 35 countries and in-depth interviews with 30 senior executives, the researc

A change of Prime Minister, an unsettled tax outlook and a steady drumbeat of speculation about inheritance tax, business property relief and wider reform have left plenty of family business owners wondering whether this is the moment to accelerate succession, delay it, or simply hold their nerve.

There is a particular tension that sits at the heart of many multigenerational family businesses — one that is rarely spoken about openly, but that shapes some of the most consequential decisions a family will ever make.

There is a particular tension that sits at the heart of many multigenerational family businesses — one that is rarely spoken about openly, but that shapes some of the most consequential decisions a family will ever make.

Succession is one of the most written about subjects in family business. It is also one of the most poorly executed. Across generations and geographies, the same patterns repeat: transition plans that stall, timelines that slip, next generation leaders who are technically in post but not truly in charge.

The world is changing faster than most leadership models were built to handle. For family businesses, that creates both a particular pressure and a particular opportunity.

The gap between knowing that succession planning matters and actually doing it is one of the most consistent and consequential patterns in family business life.

By the time most family business founders get around to talking about succession, something has already gone wrong.

More and more daughters are stepping up, stepping in, and stepping forward to lead the businesses their families have spent generations building.

How a family business manages the sibling dynamic can determine not just whether the working relationship survives, but whether the business itself does.

Letting go is not a sign of weakness or indifference. It is, in fact, one of the most courageous and strategic decisions a family business leader will ever make.

Succession is often spoken of as a single moment - the passing of the baton from one generation to the next. In reality, for family businesses it is much more complex, a process that spans years and demands foresight, negotiation, and a degree of humility.

With emotion, legacy, and strategy all intertwined, successful succession requires foresight, structure, and a willingness to confront difficult truths.

As family businesses a balance must be maintained between preserving the family business legacy and allowing individual family members the freedom to pursue their own ambitions.

There is a particular weight that comes with inheriting more than a name. For the next generation of family business owners, succession is rarely just a career move—it is a deeply personal crossroads, where legacy, expectation, and identity collide.

Managing the shift in roles and responsibilities during transition can be complex, as family dynamics and emotions often come in to play.

Veritage International has published a new global research report highlighting significant, often overlooked risks facing business families during wealth and ownership transitions.

Most succession conversations default quickly to structure: who gets what, when, and on what tax terms. Those questions matter. But they’re not the whole picture.