Michaela Money has almost 15 years of experience working as a solicitor, primarily in the area of wills and estates, but also in family law and commercial law.
During that time, she acquired experience in conducting and defending Family Provision claims (including for the successful plaintiff in the key case of Russell v Quinton) in the Supreme Court of NSW; conducting and defending lack of testamentary capacity claims; conducting a contested application in which the plaintiff alleged that trustees of a trust had breached their fiduciary duties to the beneficiary, who was a minor at the time, by investing in real estate and then negatively gearing the properties; conducting a contested application in which an estate had not been distributed over 30 years after the deceased’s death; conducting contested applications for a grant with respect to an informal will and for a grant with respect to a missing will; conducting contested proceedings with respect to the construction and rectification of a will; conducting uncontested applications for grants of probate, letters of administration and cessate probate; conducting applications before the Guardianship Tribunal of NSW (now part of NSW Civil and Administrative Tribunal) with respect to the appointment of, and the review of appointments of, financial managers and guardians.
She also gained experience in estate administration; drafting deeds of family arrangement; estate planning (primarily for high net worth clients) including the preparation of wills, powers of attorney, appointments of enduring guardians, reviewing trust deeds and company constitutions and preparing binding death benefit nominations; drafting business succession agreements (including preparing a suite of precedents for buy/sell agreements); preparing an application for the establishment of a cy-pres scheme; preparing and passing estate accounts; and preparing advices for trustee companies with respect to the construction of wills; the appointment and retirement of trustees; deeds of loan to beneficiaries; the vesting of a testamentary trust, the transfer of trust assets and trust administration issues generally.
Prior to joining Diamond Conway in March 2006 as part of the merger, Michaela worked for Conway Maccallum Lawyers from October 1997 – March 2006.
Michaela’s qualifications include; Bachelor of Arts (University Prize and 1st Class Honours in Political Science)/Bachelor of Laws (Honours)(University Prize in Human Rights Law) – 1996 – Australian National University, Canberra and Graduate Diploma in Legal Practice – 1997 – College of Law, Sydney.
She was admitted as a Solicitor of the Supreme Court of New South Wales on 4 June 1998 and was made an Accredited Specialist in Wills and Estates in 2009. Michaela was one of the highest achievers of the 4 out of 21 applicants who were successful in obtaining Specialist Accreditation in Wills in Estates in 2009. As a result, her assignment, exam and video-taped client interview submitted for assessment has been used as part of a package given to prospective future applicants to inform them of the standard required to attain Specialist Accreditation in Wills and Estates. Michaela has been a Member of the Society of Trusts and Estates Practitioners (STEP) since 2010.
Areas of Expertise
Wills & Estates Law
Asset Risk Minimisation
Estate and Trust Administration
Uncontested Applications for Probate
Charitable Trust Issues
Family Provision Claims
Contested Applications for Probate
Retirement & Aged Care Accommodation & Contracts
B.A (Hons.) LL.B. (Hons.) TEP
Wills & Estates