{"id":1494,"date":"2025-11-18T02:33:47","date_gmt":"2025-11-17T23:33:47","guid":{"rendered":"https:\/\/asari.legal\/?post_type=news&#038;p=1494"},"modified":"2026-04-24T15:04:04","modified_gmt":"2026-04-24T12:04:04","slug":"sekret-stabilnosti-lichnogo-fonda-v-ego-dokumentah-kolonka-mariny-zaharovoj-dlya-kommersant","status":"publish","type":"news","link":"https:\/\/asari.legal\/en\/news\/sekret-stabilnosti-lichnogo-fonda-v-ego-dokumentah-kolonka-mariny-zaharovoj-dlya-kommersant\/","title":{"rendered":"\u201cThe Secret to a Stable Personal Fund Lies in Its Documents.\u201d A Column by Marina Zakharova for Kommersant"},"content":{"rendered":"\n<div class=\"wp-block-group is-content-justification-space-between is-nowrap is-layout-flex wp-container-core-group-is-layout-0dfbf163 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-image size-full is-resized wp-container-content-69bc4bdf\"><img loading=\"lazy\" decoding=\"async\" width=\"1707\" height=\"2560\" src=\"https:\/\/asari.legal\/en\/wp-content\/uploads\/sites\/3\/2025\/11\/mzakharova_kommersant-scaled.jpg\" alt=\"\" class=\"wp-image-1496\" style=\"width:378px;height:auto\" srcset=\"https:\/\/asari.legal\/en\/wp-content\/uploads\/sites\/3\/2025\/11\/mzakharova_kommersant-scaled.jpg 1707w, https:\/\/asari.legal\/en\/wp-content\/uploads\/sites\/3\/2025\/11\/mzakharova_kommersant-200x300.jpg 200w, https:\/\/asari.legal\/en\/wp-content\/uploads\/sites\/3\/2025\/11\/mzakharova_kommersant-683x1024.jpg 683w, https:\/\/asari.legal\/en\/wp-content\/uploads\/sites\/3\/2025\/11\/mzakharova_kommersant-768x1152.jpg 768w, https:\/\/asari.legal\/en\/wp-content\/uploads\/sites\/3\/2025\/11\/mzakharova_kommersant-1024x1536.jpg 1024w, https:\/\/asari.legal\/en\/wp-content\/uploads\/sites\/3\/2025\/11\/mzakharova_kommersant-1366x2048.jpg 1366w, https:\/\/asari.legal\/en\/wp-content\/uploads\/sites\/3\/2025\/11\/mzakharova_kommersant-8x12.jpg 8w\" sizes=\"auto, (max-width: 1707px) 100vw, 1707px\" \/><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote wp-container-content-69bc4bdf is-layout-flow wp-block-quote-is-layout-flow\">\n<p><a href=\"https:\/\/www.asari.legal\/en\/team\/marina-zaharova\/\">Marina Zakharova<\/a>, adcoate and Managing Partner at Asari Legal, spoke with <em>Kommersant Business Guide<\/em> about the intricacies of preparing documentation for personal funds \u2014 and which issues deserve particular attention, from governance structures to the designation of beneficiaries.<br><br><\/p>\n<\/blockquote>\n<\/div>\n\n\n\n<p>The key advantage of a personal fund is the flexibility it gives the founder: they decide who manages the fund, who benefits from it, and on what terms. Yet this very flexibility can conceal legal pitfalls: vague charter provisions or loosely drafted management rules may lead to conflicts between beneficiaries and managers, operational deadlocks, or even the dissolution of the fund. In practice, the key to a fund\u2019s stability lies in how its documents are drafted.<\/p>\n\n\n\n<p>\u201cWork on the documentation always begins with the most important question \u2014 understanding why the fund is being created. The founder\u2019s goals shape everything else: which assets are transferred to the fund, how income from those assets will be distributed, and how the governance system will be structured,\u201d emphasizes Marina Zakharova.<\/p>\n\n\n\n<p><strong>How can assets be protected and transferred into the fund securely?<br>Who can become a beneficiary of a personal fund, and under what conditions?<br>How should the fund\u2019s governance be organized?<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.kommersant.ru\/doc\/8159715\" target=\"_blank\" rel=\"noreferrer noopener\"><a href=\"https:\/\/www.kommersant.ru\/doc\/8159715\">Answers to these and many other questions on the creation and management of personal funds can be found in the full article on the <em>Kommersant<\/em> website.<\/a><\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"featured_media":1495,"parent":0,"template":"","meta":{"_acf_changed":true},"news-type":[2],"class_list":["post-1494","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/asari.legal\/en\/wp-json\/wp\/v2\/news\/1494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asari.legal\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/asari.legal\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asari.legal\/en\/wp-json\/wp\/v2\/media\/1495"}],"wp:attachment":[{"href":"https:\/\/asari.legal\/en\/wp-json\/wp\/v2\/media?parent=1494"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/asari.legal\/en\/wp-json\/wp\/v2\/news-type?post=1494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}