Speech by Sergey Gerasimov, Managing Partner of ALPINE Tax, at the Pravo.ru conference “Family and Inheritance Law”

19 / 10 / 2023

On October 18, Sergey Gerasimov, Managing Partner of ALPINE Tax, spoke at the Pravo.ru “Family and Inheritance Law” conference about structuring family assets as a way to preserve an operating business.

The following topics were covered during the presentation:

-Why it matters. Examples of obstacles to business operations in the absence of the necessary legal infrastructure;

-Which weaknesses in the legal structure lead to problems;

-An overview of legal mechanisms that help prevent these risks, their advantages and disadvantages:

• Foreign private foundation;

• Private foundation in Russia;

• Closed-end unit investment fund (CIF);

• Marriage contract;

• Corporate documentation of the company;

• Will;

• Other mechanisms.