Personal Trusts

Personal trusts were introduced in Russia recently as an alternative for trust funds abroad.

This instrument enables to manage, preserve and transfer property and capital. A personal trust may include a vast scope of assets from cash, real estate and art and luxury items to securities, company shares (up to 100%), and copyrights.

Setting up a personal trust helps achieve the following objectives:

• Asset protection and effective management
• Risk sharing
• Confidentiality of ownership
• Estate planning