Rocco Musumeci is an Associate of Acorn Lawyers practicing in the areas of estate planning and commercial law.
Rocco has a passion for developing comprehensive estate plans tailored to meet the objectives of our clients, with a particular focus on the use of an array of complex testamentary trusts aimed at offering increased asset protection and opportunities for tax minimisation. Planning for the longer-term, Rocco has broad experience in trust and other arrangements aimed at preserving family wealth across generations, providing for vulnerable and spendthrift beneficiaries, protecting children and spouses of second marriages, maximising benefits for disabled beneficiaries and providing for the ongoing care and advancement of loved ones.
Professional and personal in his approach, Rocco works collaboratively with the clients' trusted advisors, including their accountant and/or financial planner, to assist clients of all ages and from all walks of life to develop Comprehensive Wills, Enduring Powers of Attorney, Appointments of Enduring Guardian and Advance Health Care Directives that meet their needs and objectives. As part of our Wills on Wheels service, Rocco often visits elderly clients at retirement facilities or in the comfort of their own home to ensure their wishes are accurately documented.
Rocco has extensive experience in estate administration acting for both executors and beneficiaries. His compassionate, friendly and caring approach is widely valued by our clients during these often difficult times. Rocco is also experienced in estate litigation and contested wills, in particular assisting beneficiaries in circumstances where they have not been adequately provided for in a Will and also assisting executors to defend claims from potential beneficiaries. In addition, Rocco has experience in rectifying deficient Wills.
Aside from testamentary trusts, Rocco assists our clients to establish a range of other trusts including discretionary family trusts and units trusts. These trusts require careful review for estate planning purposes and Rocco can assist with the subsequent variation and amendment of such trusts. Rocco has experience in superannuation, establishing and varying self-managed superannuation funds and preparing complex stagged binding death benefit nominations.
Having a keen interest in commercial law, Rocco's attention to detail is invaluable to our commercial clients. Rocco advises and carefully drafts a range of commercial documents, including shareholders and unitholders agreements, share sale agreements, consultancy/service agreements, joint venture agreements, employment agreements, deeds of acknowledgment and general security deeds.
Rocco's commercial experience extends to assisting clients with selling and purchasing businesses, including preparing, reviewing and advising on draft contracts, option deeds, loan deeds, deeds of guarantee and indemnity, mortgages, leases and assignment of leases. In addition, Rocco is also knowledgeable and experienced in residential conveyancing and has acted for clients both buying and selling residential property.
Providing client focused services, Rocco works with our clients to understand their objectives in each transaction, developing strategies that achieve client goals, minimise costs and exceed expectations. Rocco actively looks to value add for our clients by identifying opportunities and minimising risks to achieve optimal results, while facilitating transactions in a timely and cost effective manner.
Prior to joining Acorn Lawyers, Rocco gained valuable experience as a trainee in both accounting and financial planning. This experience helped Rocco understand the importance of building long-term client relationships based on communication, timely assistance and comprehensive advice. It forms the basis for the holistic advice he provides our clients and assists him in working with our clients' trusted accountants and financial planners to develop tailored individual solutions for each of our clients.
In his spare time, Rocco plays football (soccer) for Uni Wolves Athletic Football Club, where he also acts as the club secretary. He is an avid football fan and tragic Leeds United supporter. He enjoys reading and has travelled extensively throughout Europe.
Rocco works predominantly in our estate planning and commercial practice groups, covering a vast array of areas of law: