Changes in legislation in the field of personal funds
Posted: Sun Jan 19, 2025 10:46 am
Such mechanics are of great importance when it comes to inheriting a business or shares and stocks of companies. The division and disputes around shares after the death of the founder can be fatal for the business. And the transfer of assets under the management of the fund gives the company additional stability. Moreover, today this is the only structure that allows to avoid the allocation of a mandatory share in the inheritance.
The fund helps prevent problems with minors or inexperienced heirs of shares and stakes. At the same time, if the heirs are appointed beneficiaries, they will still receive their income.
Another important advantage: the founder can set tunisia telegram database the conditions and circumstances under which the heirs will receive this or that property. This is impossible to do within the framework of a will, and within the framework of inheritance law, this can only be realized through a succession agreement.
On the topic. What is a credit line for legal entities
Legislators continue to improve the legal aspects of the creation and operation of personal funds in order to increase their popularity. A number of difficulties are related to the fact that the registration of a personal fund as a non-profit organization is handled by the Ministry of Justice of the Russian Federation.
The fund helps prevent problems with minors or inexperienced heirs of shares and stakes. At the same time, if the heirs are appointed beneficiaries, they will still receive their income.
Another important advantage: the founder can set tunisia telegram database the conditions and circumstances under which the heirs will receive this or that property. This is impossible to do within the framework of a will, and within the framework of inheritance law, this can only be realized through a succession agreement.
On the topic. What is a credit line for legal entities
Legislators continue to improve the legal aspects of the creation and operation of personal funds in order to increase their popularity. A number of difficulties are related to the fact that the registration of a personal fund as a non-profit organization is handled by the Ministry of Justice of the Russian Federation.