• Commercial Law

    Commercial Law

    We are business people as much as we are lawyers. We will take care of the legal documents so you can confidently run your business.
    As your business grows, its risk profile and governance challenges will change. We partner with our clients over the long term to ensure they are in the driver’s seat for success.

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  • Dispute Resolution

    Dispute Resolution

    We are in your corner when the going gets tough. Having resolved over 6,500 disputes for business owners have seen it all before.

    Whether you need a skilled negotiator or a fearless litigator, we specialise in delivering commercial results when:

    Customers refuse to pay;
    Suppliers let you down; and
    Business Partners do the wrong thing.

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  • Employment & Safety

    Employment & Safety

    The biggest challenge for any business owner, is managing their employees.

    A difficult employee can make you question why you got into business in the first place and be toxic to your team morale.

    We deliver proactive solutions to manage your team via employment contracts, policies and procedures as well as handling employment disputes when they arise.

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  • Property & Construction

    Property & Construction

    Property is the key most wealth in Australia.  Whether you are buying, selling, leasing or developing property, you need a lawyer you can count on.

    We can advise on the whole property development process from obtaining finance to development approvals, construction and sale or leasing.

    We also act for the Master Builders Victoria and have extensive expertise in construction contracts and disputes.

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  • Family Law

    Family Law

    At Taurus Legal Management we understand the unique challenges clients encounter during family disputes, especially when children are involved. Our family lawyers specialise in handling high-asset cases with a focus on protecting clients wealth, securing their family’s future, and safeguarding the best interests of their children.

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  • Wills and Estates

    Wills and Estates

    At Taurus Legal Management, we understand the importance of planning for you and your family’s future.

    Our experienced team are dedicated to providing comprehensive wills and estates services, to ensure that your wishes are respected, and your loved ones are protected.

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ENQUIRE

Having a will is a crucial aspect of estate planning, ensuring that your assets are distributed according to your wishes after your death. Here are some key reasons why having a will is important:

  1. Control Over Asset Distribution: A will allows you to specify exactly how you want your assets to be distributed. Without a will, your estate will be distributed according to the laws of intestacy, which may not align with your personal wishes.
  2. Appointment of Executors: In your will, you can appoint an executor who will be responsible for managing your estate, paying off debts, and distributing assets. This ensures that someone you trust is handling your affairs.
  3. Guardianship of Minor Children: If you have minor children, a will allows you to appoint a guardian to care for them in the event of your death. This can provide peace of mind knowing that your children will be cared for by someone you trust.
  4. Minimising Family Disputes: A clear and legally valid will can help minimise disputes among family members by clearly outlining your wishes. This can prevent potential conflicts and legal battles over your estate.
  5. Tax Efficiency: Proper estate planning, including having a will, can help minimise the tax burden on your estate and beneficiaries. This can be particularly important for larger estates where tax implications can be significant.
  6. Provision for Special Needs: A will allows you to make special provisions for beneficiaries with special needs, ensuring they receive the care and support they require without jeopardising their eligibility for government benefits.
  7. Regular Updates: It is important to update your will regularly to reflect changes in your life circumstances, such as marriage, divorce, the birth of children, or significant changes in your financial situation. This ensures that your will remains relevant and effective.

In summary, having a will is essential for ensuring that your estate is managed and distributed according to your wishes, providing for your loved ones, and reducing the potential for disputes and legal challenges. Regularly reviewing and updating your will is also important to accommodate any changes in your life or the law.

Contact Us

Contact our experienced will and estate lawyers on (03) 9481 2000 or info@tauruslawyers.com.au to make a start on your will today.

Posted by Taurus Legal Management