Modern civil law system provides two options of transfer of property of the deceased owner to his/her heirs. If the person has not made any will, his/her property will be transferred to his/her heirs in the manner provided for inheritance by law.
Tatiana Frolova

Tatiana Frolova
Leading Lawyer
Korpus Prava Private Wealth

For the owners of foreign companies 2015 became crucial. President Vladimir Putin’s statement on the need to pay taxes from offshore companies slowly, but steadily comes true, and now the country is going through the so-called transition period, when everyone learns to live and pay taxes according to new [...]

The basis of life insurance began its formation in 1663 when English entrepreneur James Dodson collected all data on different London cemeteries, calculated the average age of deceased, their number per year and applied this statistics for calculation of insurance premium.

In June 2019, Russia started the third stage of the capital amnesty, which will last until 29 February 2020. The main condition for the current amnesty was the return of the declared assets to their homeland. It should be noted that not all [...]