Abstract

In the turbulent conditions of the modern world, resolving such issues as protection of assets, possibility of their preservation and subsequent transfer to worthy successors can hardly be considered irrelevant. The question arises whether there is a legal mechanism that is universal both for managing and structuring the owner’s assets “here and now”, and for achieving various goals in the long term, not limited by the life of the founder. In March 2022, an institution that clearly claims to be considered in this perspective — a personal fund — has been introduced into Russian law.

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