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How Demographic Changes Impact Family Enterprises

The combination of economic and emotional systems create challenges.

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


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