The point I want to reinforce is expressed well in the old Russian proverb, "measure seven times, cut once." 

@Alexandra PsarakisBest to speak with an attorney.More important than the mechanics of how a trust works is does a trust fit in with the goals and wishes of your mother and grandmother.They'll get to know everyone's facts, circumstances, and goals, and answer any questions you may have.

My Russian connection here hahahCap Rates are a measure of market appetite.

@Alexandra GortchilovaHi and welcome to BiggerPockets!

Hi @Luca Dal Molin , Im also in Dubai and I work on the other side of the radio, air traffic control.Ive been looking at the Dubai RE and I dont thin its a good idea to invest here right now, however IMO this is going to change in the next year or so,  due to oil price and possibly weakening of the USD which will make house prices more affordable for Russian, Pakistani and Indian investors. 

I help Chinese, Russian, and Israeli investors in my town. 

I spent 1 month there back in the early '80's on my Aust. passport & also picked up a little of Russian by necessity.One intriguing issue I found in coastal construction, particularly the various early 1920's Mansions, was the structural failure of the cement used.

Account Closed  there are all kinds.... in our area we have a very big Russian community. and they are fierce negotiators and one of their favorite tactics is to on the day of closing when everyone has their moving trucks and life plans put together.. they want to renegotiate and take some amount of money off can be small 2 to 5k or more.  

English is my third language, I`m fluent in german, georgian, and speak a little bit of russian and french.

Money and corporations deserve more praise for peace in the world than all politicians and religious leaders combined - you'll see Americans working next to Russians and Muslims working next to Buddhists and Christians every day.