STEP’s research project on modern families gathered insight about the families that STEP members advise and what their wealth and succession planning needs are. This Modern Families: a Private Client Perspective supplement, kindly sponsored by TMF Group, brings together a selection of what we have since produced over the last year on this important topic, furthering the conversation and providing resources to help support the family advisor.
Understanding modern families is imperative in today’s world; the potential for estate litigation, the rise in family disputes and the ever-shifting nature of what constitutes a family unit are just some of the considerations facing advisors and their practice. By gaining insight into these aspects, practitioners can better anticipate and adapt to potential future changes in family dynamics. Here, readers will find resources, commentary and insight into how they can best serve their clients.