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Modern Family: The Impact of Demographic Changes on the Future of Family
Demographic trends impact every area of life. This presentation explores how the decisions to delay having children, have fewer children, and the reality of longer lifespans have meaningful impacts on multi-generational business families now and as we move towards the Fourth Economy. Nancy Drozdow and Megan Helzner look at how practitioners can best support family business clients given these demographic shifts. In conversation with a client, we discuss these trends, hear about their personal experiences, consider the broad implications for families, and we will think together and with the audience about ways that practitioners will need to adapt to the demographic changes coming and those that are already here.