Miami partner Patrick Lannon co-presented a webinar titled “Protecting an Inheritance in the Event of Divorce” for Ellevate.
Patrick discussed estate planning techniques for those wishing for their inheritance to be kept in the family line and out of the hands of their descendants’ ex-spouses. Additionally, Patrick went into further detail about transmutation risk, offset risk, alimony risk, privacy risk, and restructuring existing estate planning to reduce risk.
Patrick also explained how he encourages his clients to consider the various ways gifted assets are taken into consideration or otherwise affect divorce proceedings and how important it is to work with one’s advisors to craft an appropriate plan in each circumstance.
Patrick presented alongside Dolly Hernandez, a family law attorney with Boyd Richards Parker & Colonnelli, P.L.
About Patrick J. Lannon
Patrick J. Lannon is a partner with the Miami office of Shutts & Bowen LLP, where he is a member of the Private Client Services Practice Group. Patrick is Florida Bar Board Certified in Wills, Trusts and Estates. Patrick represents high-net-worth individuals both domestic and international with their estate, asset protection, and charitable planning with a focus on integrating family wealth transfer goals with sophisticated business succession, income, and estate tax planning strategies. He also assists personal representatives, trustees, and beneficiaries with estate and trust administration and advises fiduciaries and beneficiaries in contested or potentially contested trust and estate matters.