Estate & Succession Planning

Estate Planning

Every person should have a Will and relevant Powers of Attorney (Enduring Financial/Personal) and appoint Medical Treatment Decision Makers. They should also consider and be advised on possible advanced care directives and support person appointments.

Preparation of your Will may be a relatively simple exercise or it may require an understanding of complex structures involving inter-related personal, business, discretionary trust and superannuation issues.

We are conscious of the need for a Will to be supplemented, in many instances, by necessary amendments/appointments/notices under related discretionary trust and superannuation deeds.

We have developed sophisticated testamentary trust provisions which ensure that, in the case of large estates:

  • assets are distributed to beneficiaries in the most tax effective manner
  • assets are protected against attack by creditors or separated partners/spouses of beneficiaries

Business Succession Planning

Riordan & Riordan is sought after by significant family groups and high net worth individuals for our skills and expertise in the formation of structures for the protection of family wealth and development of succession strategies.

Such strategies involve recognition of potential areas of future conflict between stake holders and the development of plans for a smooth transition in the intergenerational transfer of assets and business interests.