Working with a resident of Russia
Good morning I have a client. He is a US citizen but he currently lives in Russia. He has several financial assets remaining in the US. He wants to do estate planning - to leave all of his assets to his family (who are all based in Russia). He is personally not under any sanctions. However, under today's sanctions regime, I am really not sure that I can do any type of estate planning for him - and certainly not setting up a Trust. Also - not sure that anyone can even serve in the future as a Trustee of his Trust - given that the beneficiaries are in Russia. Does anyone have experience with this situation? Does anyone know a good sanctions attorney / specialist that I can consult? What are the alternatives for him? Would a foreign Trust work? I don't want to get into any trouble with the US government over a Revocable Trust. Katya Sverdlov, CFA, Esq. Sverdlov Law PLLC 30 Wall Street, 8th Floor, New York, NY 10005 Phone: 212-709-8112 Email: ksverdlov@sverdlovlaw.com Website: www.sverdlovlaw.com<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.sverdlovlaw.com&d=DwMFaQ&c=7563p3e2zaQw0AB1wrFVgyagb2IE5rTZOYPxLxfZlX4&r=nDhXIiRARuo03ieIIdCAeA&m=erjh4CWHtIBUf8xU13OBw6rfeXDnGr88TV1HBRA7hbwI6E69vRAmynSd2gmrme9t&s=tnqu60fwFb-micz4EP2ruip0-0XRufKibwUguFPOcFU&e=> Blog: www.leavinglovinglegacy.com<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.leavinglovinglegacy.com&d=DwMFaQ&c=7563p3e2zaQw0AB1wrFVgyagb2IE5rTZOYPxLxfZlX4&r=nDhXIiRARuo03ieIIdCAeA&m=erjh4CWHtIBUf8xU13OBw6rfeXDnGr88TV1HBRA7hbwI6E69vRAmynSd2gmrme9t&s=8Iq4UVnD5pbP17vlLCqPp63pDxuZjphFd-0bUpYM5dk&e=> YouTube: Short Videos<https://urldefense.proofpoint.com/v2/url?u=https-3A__www.youtube.com_channel_UC8OYgUb3wWVMjRHlyqPTydw&d=DwMFaQ&c=7563p3e2zaQw0AB1wrFVgyagb2IE5rTZOYPxLxfZlX4&r=nDhXIiRARuo03ieIIdCAeA&m=erjh4CWHtIBUf8xU13OBw6rfeXDnGr88TV1HBRA7hbwI6E69vRAmynSd2gmrme9t&s=FovAqdvlYbHluGBZc4C1Fd0mOB1qKulPUmDur1jr6TU&e=> 🔗 Connect with us: LinkedIn<https://www.linkedin.com/company/sverdlovlaw/> <https://www.linkedin.com/company/sverdlovlaw/> | Facebook<https://www.facebook.com/profile.php?id=100064201951686> | Book An Appointment Now<https://urldefense.proofpoint.com/v2/url?u=https-3A__calendly.com_katyasverdlov&d=DwMFaQ&c=7563p3e2zaQw0AB1wrFVgyagb2IE5rTZOYPxLxfZlX4&r=nDhXIiRARuo03ieIIdCAeA&m=erjh4CWHtIBUf8xU13OBw6rfeXDnGr88TV1HBRA7hbwI6E69vRAmynSd2gmrme9t&s=XHbVtMB6Hks46WBcQT-GfUUE4NLCMtdfgSV-wmnNPS8&e=> "Our job is to create clarity, security, and a plan that works when your family needs it most"
participants (1)
-
Katya Sverdlov