In the decade that has elapsed since the first edition of this work in 2014, major changes have been introduced into the inheritance law of the Russian Federation that collectively strengthen the unobstructed passage of commercial assets from generation to generation while minimizing the likelihood of fractionating family businesses by inadvertently requiring their dispersion among heirs uninterested in such an enterprise or untalented in matters entrepreneurial. These aspirations are collectively addressed through the introduction of the joint will, inheritance contract, and inheritance foundation. No less significant has been the extension of obligatory shares of an inheritance to all females aged 55 or over and all males aged 60 or over.
William E. Butler is the John Edward Fowler Distinguished Professor of Law, Penn State Dickinson Law, and Emeritus Professor of Comparative Law, University College London. The author of numerous works on post-Soviet legal systems, including Russian Law and Legal Institutions (3d ed.; 2021), he has over sixty years of experience as a translator of Soviet and CIS materials ranging from articles, major treatises, codes, legislative acts and treaties to other international and comparative legal materials.
In the decade that has elapsed since the first edition of this work in 2014, major changes have been introduced into the inheritance law of the Russian Federation that collectively strengthen the unobstructed passage of commercial assets from generation to generation while minimizing the likelihood of fractionating family businesses by inadvertently requiring their dispersion among heirs uninterested in such an enterprise or untalented in matters entrepreneurial. These aspirations are collectively addressed through the introduction of the joint will, inheritance contract, and inheritance foundation. No less significant has been the extension of obligatory shares of an inheritance to all females aged 55 or over and all males aged 60 or over.
William E. Butler is the John Edward Fowler Distinguished Professor of Law, Penn State Dickinson Law, and Emeritus Professor of Comparative Law, University College London. The author of numerous works on post-Soviet legal systems, including Russian Law and Legal Institutions (3d ed.; 2021), he has over sixty years of experience as a translator of Soviet and CIS materials ranging from articles, major treatises, codes, legislative acts and treaties to other international and comparative legal materials.
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