Date: 5 months ago   Category: Politic

Russians had had a new way to transfer inheritance


Since September 1 changes which will allow to transmit business and assets to successors through the new mechanism are made to the Civil Code of the Russian Federation. It is about creation of hereditary fund, the Vedomosti newspaper belonging to Demyan Kudryavtsev's family reports. Business is noted that the fund will allow to secure hereditary property, to protect from unfair partners and to secure inexperienced successors. It will also be possible to transmit through fund property in parts or under certain conditions, to sell with the subsequent transfer of money to a certain person, to discharge successors of business management. According to the newspaper, the hereditary fund is formed and begins to function after the death of the owner. From the legal point of view the fund is a successor. If the decision on creation of fund is made, then it is necessary to write the will with the instruction in what terms and what property it is contributed to hereditary fund, to draft the charter and conditions of management. Within three days from the moment of his opening the notary has to transfer documents for registration to tax authority. Fund, experts of the newspaper note, will allow to solve a problem of allocation of an obligatory share for minor children, disabled parents, the testator's dependents. It is more than important news in Film of Day Telegram-channel. Subscribe!

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