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Should I use a Liechtenstein foundation as a private trust company for my family trusts?

by Markus Summer | Jul 28, 2014 | • Foundations and trusts; structures to hold, control, protect and manage family wealth

Many families use trusts as an estate planning vehicle and for wealth preservation. Increasingly, instead of using a trustee company owned by a financial service provider, a private trust company (PTC) is appointed as a trustee. The use of a Liechtenstein foundation...

Succession in Russia: General Terms

by Kira Egorova | Jul 28, 2014 | • The will or testament, • Transfer to the Next Generation

Succession in Russia is possible by will and operation of law. The freedom of will is limited. To acquire the estate the heirs shall accept it. Succession in Russia is the only way to transfer property in case of death. The only way to change the order of succession...
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