by Tiffany Mechkaroff | Feb 19, 2024 | Building & Construction, Business & Private Advisory, Commercial Law, Dispute Resolution, Employment Law, Estate Planning & Wealth Protection, Family Law, Family Law Succession Planning, Motorsport, Private Wealth, Property Development, Property Law, Sport, Structured Finance and Investment
The International Lawyers Network (ILN) announces its continued distinction as a ‘Band 1 Leading Law Firm Network’ in the Global Market Leaders Guide for Chambers 2024 Global Guide. This esteemed recognition highlights the ILN’s unwavering dedication...
by Tiffany Mechkaroff | Aug 2, 2022 | Dispute Resolution, Estate Planning & Wealth Protection, Private Wealth
A discretionary family trust generally gives a trustee discretion to distribute the income or capital for the benefit of one or more beneficiaries at the exclusion of others. On 21 July 2022, the Supreme Court of Victoria Court of Appeal handed down its decision in...
by Tiffany Mechkaroff | Sep 14, 2020 | Estate Planning & Wealth Protection, Private Wealth
In 2015/2016 it was recorded that there were nearly 850,000 trusts used in Australia holding more than $3 trillion worth of assets. But, how many people really understand trusts, and the obligations that go with them. Twigg v Twigg (No 4); Lambert v Twigg Investments...
by Tiffany Mechkaroff | Jun 26, 2020 | Estate Planning & Wealth Protection, Private Wealth
Every estate planning conversation includes a discussion about Testamentary Trusts. They can assist with asset protection and management, and taxation efficiency. However, recent legislative changes in this space means Testamentary Trusts don’t have all of the same...
by Tiffany Mechkaroff | Jun 15, 2020 | Estate Planning & Wealth Protection, Private Wealth
Despite superannuation funds often comprising significant assets, many are unaware that it is not automatically included as part of an estate’s assets and may not be distributed in accordance with a person’s Will. You can control who receives the benefit of your...
by Tiffany Mechkaroff | Apr 12, 2020 | Private Wealth, Property Development, Property Law, Structured Finance and Investment
Whilst there is so much of this Covid-19 pandemic that we have never seen before, what we have seen before is how markets react when economic conditions change suddenly. And how opportunities are created. Right now deals are on the brink. Traditional lenders are...
by Tiffany Mechkaroff | Feb 11, 2020 | Estate Planning & Wealth Protection, Private Wealth, Property Development, Property Law
Is your family trust purchasing residential property in Victoria? From 1 March 2020 changes to Victoria’s Foreign Purchaser Additional Duty (FPAD) will have far reaching implications. FPAD is an 8% duty payable in addition to stamp duty on all residential properties...
by Tiffany Mechkaroff | Nov 21, 2018 | Business & Private Advisory, Commercial Law, Dispute Resolution, Private Wealth
Are you a minority shareholder? Do you know your rights? Sometimes disputes arise between people who have a financial interest in a company. In privately held companies, people who own a small shareholding (a minority shareholder) may find that their interests are...
by Tiffany Mechkaroff | Oct 30, 2018 | Commercial Law, Private Wealth
Have you considered how important your trade marks are to your business? Registering your trade marks has many benefits, from protecting your brand, making it easier to deal with infringing goods and services, and adding real value to your business. If you haven’t...
by wunwabbit | Aug 21, 2018 | Estate Planning & Wealth Protection, Private Wealth
There has been recent changes in Victoria concerning Enduring Powers of Attorney (Medical Treatment) (Medical EPA), which took effect on 12 March 2018. Some important matters to note are: Any existing Medical EPA’s in place before 12 March are still valid; From 12...
by wunwabbit | Aug 21, 2018 | Estate Planning & Wealth Protection, Private Wealth
Are you a beneficiary of a Will with a professional acting as executor? Or are you a professional acting as an executor? Many testators appoint professionals such as lawyers or accountants to be executors under their Wills. Usually, these professionals either charge a...
by wunwabbit | Aug 21, 2018 | Commercial Law, Private Wealth
As part of its recent budget announcements, the Federal government has noted that the black economy is a growing social and economic problem, and announced a proposal to introduce new measures to reduce tax evasion including: expanding the ATO’s data-matching...