Key Takeaways

How a family handles disruptive events reflects their cohesiveness and resilience as well as the strength of intrafamily relationships.

Yet while all families undergo transitions, structural changes tend to be complicated by significant wealth.

Ultimately, families should aim to establish a process for joint decision-making, while promoting open communication and encouraging cohesive relationships, regardless of how family structures fluctuate over time.

What’s the key to safeguarding unity, prosperity, and legacy as a family’s makeup changes? Establishing structures guided by shared family values to help mitigate conflict when relationships become strained. 

The views expressed herein do not constitute research, investment advice or trade recommendations, do not necessarily represent the views of all AB portfolio-management teams and are subject to change over time.

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