Novelties of Inheritance Law on the Trust Management of Hereditary Property

The article analyzes the novelties of Russian legislation related to the trust management of inherited property - the requirement to conduct an independent assessment of a part of the property transferred to the trust management before the conclusion of the relevant contract; the provision that the executor is considered to be the trustee of the inherited property from the moment of his consent to be the executor of the will; the non-appointment of the beneficiary under the contract of trust management of the inherited property; about the possibility of appointing a potential heir as a trustee; about restrictions on the rights of the executor to make transactions with the inherited property transferred to him for management, etc. As a result of consideration of these and other innovations related to the trust management of hereditary property, the article concludes that it is advisable to adopt many of them. Nevertheless, some norms need to be clarified.

novelties of inheritance law, trust management of hereditary property, notary, executor of the will, executor