A family is a delicate edifice, with a natural tendency to fragment, split and move in different directions over generations. New people enter as spouses and children, with their own interests, preferences and life styles. But when a family shares ownership and oversight, and dependence, on shared investments, they challenge this tide. Such connected, “enterprising” families must work continually to head off and manage conflict between an ever‐enlarging pool of family members, who share blood but know each other less and less.

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