On March 25, Maksim Klyuchnikov, Partner, spoke at an international online conference on family law and succession planning.
The topic was “Personal holding structures: CFC or not CFC?”. Maksim shared his experience and addressed some of the key issues relating to PHS:
— Is a PHS always required to be structured as a non-CFC arrangement?— An overview of the non-CFC structure and the challenges faced by beneficiaries; — What an heir should be prepared for if they want greater control over the PHS and its assets; — Trends in foreign case law regarding challenges to non-CFC structures: what Russian HNWIs should be prepared for.
You can watch the video of the presentation at the link