Maxima Legal – Among the Market Leaders in Personal Funds According to “Pravo.ru”
The analytical study by “Pravo.ru” highlighted the key market players who have been supporting the creation and management of personal funds over the past two years.
Maxima Legal ranked in the top group across all research categories:
- Specialization of consultants in personal funds
- Total value of transferred assets (over RUB 50 bn)
- Number of registered funds (over 10 personal funds)
“Several hundred personal funds have already been registered in Russia, and new structures appear in the Unified State Register of Legal Entities almost daily. Why? For our team, which has been professionally engaged in estate planning for over ten years, the answer is obvious. We see it in the requests of asset owners: most of them want their assets (businesses) to be preserved, developed, and profitable for their heirs after their passing, while the heirs themselves are often unprepared or unable to manage these assets.
Personal funds were created specifically to address the challenge of capital succession—for the first time in Russian legal practice, this can be done without considering mandatory heirs. Additionally, a personal fund helps ensure corporate governance while maintaining ownership anonymity, protects assets from hostile takeovers, and enhances tax efficiency,” commented Natalya Demina, Partner and Head of Private Wealth Practice at Maxima Legal.
To review the study results (on Russian), please, see “Pravo.ru” website: