Category: Asset Protection & PPSA
Trust Changes in the Budget: What Small Business Owners Need to Know
Daniel ColeManaging DirectorCommercial and Succession Planning What has been proposed? Small business owners who use corporate beneficiaries to receive trust distributions may be affected by the government’s recent announcement of proposed tax changes as part of the Federal Budget. However, we are still waiting to see the detail, including how excess franking credits from trust ...
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Testamentary Trusts and the Proposed Trust Tax Changes
Nathan ScottDirectorWills and Estates Why Testamentary Trusts MatterTestamentary trusts are an important estate planning tool for many families. Because of their discretionary nature, they are often used not only for potential tax planning benefits, but also for asset protection. In particular, they can help protect family assets as they pass to beneficiaries who may later ...
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30% Minimum Tax on Discretionary Trusts
Daniel ColeManaging DirectorCommercial and Succession Planning What has been announced Since the Government announced its intention to introduce a 30% minimum tax on the taxable income of discretionary trusts from 1 July 2028, many questions have arisen about whether existing client structures should be restructured and what any transition to a new structure might involve. ...
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Supporting Regional Athletes on the International Stage
Meaningful community support is about more than sponsorship. It’s about backing people who are working hard to create opportunities, especially when geography makes the path more challenging. Through the Beck Legal Community Fund, we’re proud to support local individuals and initiatives that reflect dedication, resilience and a commitment to excellence. One of those individuals is ...
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More Changes to Victorian Rental Laws. What Property Investors Need to Know
Shannon ChessellsAssociateProperty and Development Victoria’s residential rental laws have undergone significant reforms in favour of renters, with further changes on the way. Several major changes are already in effect. One of the most noteworthy is the ban on no fault evictions, introduced on 25 November 2025. Rental providers can no longer issue renters with a ...
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Make Your Will at Beck Legal and Support Palliative Care Bendigo
Beck Legal has officially launched Matter for a Cause, a new community initiative encouraging Bendigo residents to prepare a legal Will while helping raise $50,000 for the Bendigo Health Palliative Care redevelopment. The initiative was launched at a special event held within the Palliative Care Unit. Make a Will in Bendigo and Support a Vital ...
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Employment Law updates every business needs to know
MADELINE WORME – SOLICITOR Victorian businesses are navigating numerous employment law reforms that require careful attention. Recent and upcoming changes, particularly in relation to psychological safety within the workplace, superannuation payments and paid parental leave, are among the key changes employers should ensure they understand and consider. Psychological Safety In Victoria, regulations were introduced effective ...
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Victorian Landowners: What the Latest Compulsory Acquisition Amendments Mean for You
The Victorian Government has introduced major changes to the Electricity Industry Act 2000, altering when and how private land can be compulsorily acquired for transmission and renewable energy projects. The amendments received royal assent on 11th March and have immediate impact, allowing acquisition to occur earlier in the planning process than before. These changes affect ...
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Give to Gain: Why this matters to me
International Women’s Day is often a moment of reflection but for me, this year’s theme, Give to Gain, feels deeply personal. For almost 17 years, I’ve had the privilege of growing my career at Beck Legal. Like any long journey, it has come with its share of challenges, moments of doubt, and lessons learned the ...
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VNI West Negotiated Agreements actively increasing prior to July 2026
As the VNI West transmission project advances through its revised timeline, landholders along the proposed transmission line corridor are entering a critical phase of negotiations. Option Deeds—agreements that outline easement locations, compensation frameworks, access arrangements, and long‑term project obligations—are rapidly becoming the central focus of discussions between landowners and Transmission Company Victoria (TCV). With TCV ...
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