The organizational form of the "Personal Fund" was introduced into Russian law on March 1, 2022. The total market valuation of its assets should exceed the amount of 100 million rubles. And in fact, it can be both an inheritance fund and a family fund at the conclusion of a marriage.
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Experts explain this trend with a simplified registration procedure, data confidentiality and tax benefits. Now the registration procedure takes only a few days (unlike the previous few months). In addition, it has become possible to hide information about the founder of the foundation, such information is now a trade secret. Experts predict that the number of personal funds will reach 500 units by 2025.
Recently, we wrote about the record amount of funds on citizens' deposits due to high deposit rates in banks.