In Russia, as court statistics show, there is a particular attitude toward prenuptial agreements, corporate and partnership agreements, wills, and estate planning matters. Private individuals address problems as they arise, without planning everything in advance; if there is love in the family, there is no need to divide property; businesses are set up exclusively by friends, so it is possible to trust each other 100% and not put agreements in writing; and there is no point in dealing with inheritance until you are 70 years old. This is, of course, all ironic, but in practice private individuals in Russia rarely take a well-considered approach to the future of their assets.
The key issues of estate planning, as well as the most advantageous options for arranging inheritance in Russia and abroad, were discussed on the program “Question for a Lawyer” with Sergey Gerasimov, Managing Partner of ALPINE Tax.