Patrick Lannon to Discuss the Enforceability of a Limited Liability Company Inheritance Agreement

Speaking Engagement

On April 7, Miami partner Patrick Lannon will be a guest speaker at the Coral Gables/South Dade Estate Planning Council April meeting. The event will be held at the at Coral Gables Hyatt from 6:30 p.m. – 8:00 p.m.

Patrick’s topic “Is a Limited Liability Company Inheritance Agreement Enforceable?” will discuss the current state of Florida law on whether LLC membership interests may pass on death through a pay on death designation or a binding inheritance agreement without recourse to probate or revocable trust planning.  Patrick will also explain some reasons why such planning may be implemented, including the centralized partnership audit regime, avoidance of ancillary probate, and succession planning for family businesses.

Please click here for more information or to register.

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.

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Shutts & Bowen, established in 1910, is a full-service business law firm with approximately 270 lawyers located in eight offices across Florida.

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