Open a Trust in Russia

Russia has had a law regulating the establishment of trusts since 2000, however it was not until 2015 when the government has provided for the creation of irrevocable trusts. This measure was taken in order to allow local wealthy individuals to settle trusts in Russia instead of choosing offshore jurisdictions for the creation of such entities.…

Bankruptcy Lawyers in Russia

Russia has come a long way in helping companies and individuals unable to pay their debts. During the last several years, the government has enabled the Personal Bankruptcy Law, and also amended the existing Bankruptcy Law which was available for companies only until 2015. If until 2014, the debtor and central authorities were allowed to begin bankruptcy proceedings only after a…

Inheritance Lawyers in Russia

The main function of the Russian laws on inheritance is social justice and one of the laws' most important purposes is to look after the family members who can not do it themselves. When a Russian citizen dies, 50% of his/her estate goes to the children or parents of the deceased. In case there…