The couple who had met at a party in London through shared mutual friends, have been dating for several months now.
In an exclusive interview with Us Weekly, Lohan's mum, Dina Lohan, had had only lovely things to say about her now, future son-in-law.
Speaking during the interview, Dina said:
"He is cute. He's a sweetheart. No, he's just a really good person.
"The tabloids are like, 'Oh, he's so much younger.' But he's very mature, very worldly. They love each other."
Tarabasov is reportedly a Russian business heir born to a multimillionaire real estate mogul.
Before meeting Tarabasov, Lohan had been linked with former NFL quarterback and reality TV star, Matt Nordgren b in 2013.
Congrats to the happy couple.
Watch Dina Lohan give Egor Tarabasov her stamp of approval in video clip below: