Family Magazine

Adult Adoption

By Gerard @presurfer
Adoption is just for babies and little kids, right? Wrong! Adoption is the same legal process whether the individual is a child or an adult. Adult adoption is key to the success of Japanese family firms.
What happens when the heir to a family business isn't up to the job? Not great things, apparently. But the Japanese have a solution: adult adoption. Rather than hand the firm to a less-than-worthy blood heir, Japanese families often adopt an adult to take over.
(via J-Walk Blog)The Presurfer

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