How Demographic Changes Impact Family Enterprises

The demographics of the American family have significantly changed since the 1960s, especially in the past 20 years.¹ Age, lifespan, cross-cultural diversity, location and differing models and definitions of family life present a very different snapshot of American families from the one we had less than a generation ago. These shifts create new assumptions for family life and may make it necessary to rethink how to achieve continuity for the future, including estate planning. The