Natalia Demina told BCS Express how Succession Planning works and who needs it

Natalia Demina - Partner

Specially for BCS Express, Natalia Demina, Partner, Head of Private Wealth Practice at Maxima Legal, explained what Succession Planning is and who needs it.

‘The goals of Succession Planning can be different: someone wants to pass everything to children or a partner, someone wants to give it all to charity, like Bill Gates, David Rockefeller Sr, Ilon Musk, Mark Zuckerberg and other participants of The Giving Pledge charity movement. However, by addressing the issues of Succession Planning, the asset owner protects his business and team, spares the nerves, health and funds of his heirs and the relationships between them,’ the expert explained.

To read the full article (in Russian), please, see BCS Express website >>>