10:59 AM Russian divorce. Family law. Divorce and marriage in Russia and other countries. | ||||
The rights of foreign nationals (Russia) Ms Duvall, We have a legal issue we would like your advice on (we're not planning a divorce - but you have useful info on your web site about our question and would seem to know more than most, including lawyers and notaries in Moscow) - What is the best ownership of Moscow property for tax and survivorship purposes for a couple with one Russian citizen (wife - who is a dual Russian / US citizen). We have an apartment in Moscow bought originally under under the husband's name (US citizen) via a mortgage. It is currently listed under the husband and wife's name. We would like to minimize potential taxes if we decide to sell (which would probably mean putting it solely in the wife's name (she is also still registered as a Moscow resident - and did recently complete the registration of the fact that she has also a foreign passport), but also make any survivorship issue as uncomplicated as possible. Our assumption is that there is no straightforward Russian equivalent to Joint Tenant with Right of Survivorship ownership mechanism. What would be your estimate for basic review and advice of our issue.
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