Estate Planning

Estate planning with you and your family in mind

Preparing your estate plan is an act of love and kindness to provide for the future benefit of your family and favorite charities.

While nobody wants to think about death or disability, creating your estate plan is one of the most important steps you can take to protect yourself and your loved ones. 

Attorney Kevin Hernandez designs and implements estate plans that achieve your objectives, with the goal to preserve family harmony and provide smooth transition of your wealth and wisdom with a minimal opportunity for dispute or court interference. One of the best benefits for you is that we simplify the complex issues that come with being blessed with resources and opportunities. Estate planning attorney Kevin Hernandez helps you plan every last detail.

Sometimes you have to protect the people you love most from themselves, such as those who suffer from drug or alcohol dependency, or who lack the maturity to handle a large inheritance on their own, or who may be divorced by their spouse. That is why attorney Kevin Hernandez uses Inheritance Protection Trusts to protect these loved ones and their inheritance from their creditors, predators and divorcing spouse.

Estate planning is an opportunity as opposed to simply an obligation. Our Family Wealth Solutions Process gives you confidence from our first meeting through the delivery and implementation of your completed plan, and beyond. Your Estate Plan will depend on your wealth and goals, and may include some of the following:

When your circumstance involves estate taxes or businesses, your Foundational Estate Plan may have additional components to reduce taxes, protect assets, and effectively exit your business.

Asset Protection to Preserve Your Wealth

It’s no secret that we live in a highly litigious society. Today, people seem to sue over just about anything. Worse, you never know what a jury might do even if the lawsuit appears frivolous.

If you are a physician, attorney, CPA, business owner, real estate developer or member of a profession that is subject to an unusually high number of lawsuits, you should be aware of the risk associated with conducting your business, practicing in your respective fields and taking responsibility for others. Insurance alone does not always adequately protect you against all of these threats.  We help clients protect their wealth using a variety of strategies including the use of special trusts, business entities and other legal arrangements. We create asset protection plans to guard against potential liabilities.

Family Wealth Planning for Affluent Individuals and Families

Successful entrepreneurs, executives, and professionals accumulate wealth but often have little experience in how to effectively manage or transfer their wealth to their families, or turn success into lasting significance for future generations. Quite often wealthy families succumb to the proverb, "shirtsleeves to shirtsleeves in three generations" and their wealth and success are destroyed. Our goal is to help you and your family avoid falling victim to the “shirtsleeves to shirtsleeves” proverbs. 

The “shirtsleeves to shirtsleeves” proverb can be summarized as follows:

The "shirtsleeves to shirtsleeves" proverb provides that the first generation rolls up their shirtsleeves and creates wealth. They are the wealth creators and Founders of the family wealth. Then the family of the wealth creators (i.e., the second generation) poorly manages the wealth. So by the time the wealth gets to the third generation, those family members do not appreciate the meaning of work and squander their wealth. The third generation is forced to go back to rolling up their shirtsleeves and to create wealth again.

The cause for the proverb’s accurate prediction is because beneficiaries of families of significant wealth often face issues involving lack of trust, lack of communication and lack of preparing those who will inherit the wealth to be good beneficiaries.

At The Hernandez Law Firm, P.A., estate planning attorney Kevin Hernandez brings you a unique and specialized solution focusing on bringing together family and financial goals. The solution helps your family sustain its wealth across generations and promote a sense of stewardship among family members. We go beyond traditional estate planning and explore the human, intellectual and social dimensions of you families’ wealth — helping ensure that the totality of your their wealth has a positive impact within the family and the community around them.

Contact us

I hope you’ll take the next step and meet with us. We always make time to sit down with folks who want to learn more about what we do.

We can help, so call us at 727-712-1710.  We look forward to meeting you!

Kevin