Updates on the latest Owners Corporation changes

The Owners Corporations and Other Acts Amendment Act 2021 (Vic) (“OC Amendment Act”) has now passed Victorian Parliament, and will take effect from 1 December 2021, with a number of changes to the current Owners Corporation Act 2006 (Vic) (“current OC Act”). Setting...

Can you help me understand how a discretionary trust works?

It is very hard for many people to understand the concepts behind a trust. The concept has a long history and development, and some of those legal concepts can be confusing. It can be especially difficult when the trustee of the trust is a company. What is a trust?...

 The basics: What is a Will and why do I need it?

What is a Will? In its simplest form, a Will is a legal document by which a person expresses their wishes as to how their property and possessions are to be distributed upon their death. Anyone over the age of 18 can make a Will, and you may make more than one Will in...