Family Sharing also sets up a new family calendar that is shared by all family members and appears in the Calendar app on everyone’s devices. Family members can view the calendar, add or modify events, and receive notifications and alerts to help everyone stay coordinated. They will also be able to use the Reminders app to set time- or location-specific reminders that will be delivered to everyone in the Family.
[FONT=Lucida Grande, Lucida Sans Unicode, Helvetica, Arial, Verdana, sans-serif]With that description from Apple yes... But I don't use family sharing.[/FONT]