How to divide objects belonging to the estate – such as real estate property? Facts C died on January 29, 2006, leaving two daughters as legal heiresses. An inheritance division case has been pending since 2007. Two 2.5 room apartments – one in the Canton of Grisons, one in the canton of Ticino – are i.a. part of the estate.… Read More »Auction of estate assets
Facts of the case The testator C died in December 2012, leaving five relatives as legal heirs. The estate included, inter alia, two apartments in a residential building. B became sole heir to these apartments due to an objective-partial division of the estate. A as well as E and F each owned an apartment in this residential building. C drew… Read More »No discernible, express will to testate
No funds despite inheritance. Because of disputes, the heirs receive nothing over a period of years. Nevertheless, the heirs are considered wealthy by the authorities. Do you wish not to expose your heirs to these situations and avoid such headlines? Well, then you should start tackling your succession planning. Day of mediation Today we celebrate the day of mediation. What… Read More »Mediation and succession planning
Facts of the case The decedent, born in 1942, left as legal heirs his two offspring, born in 1992 and 1996, and a life partner, born in 1984. On December 31, 2015, the court opened and read out several testamentary dispositions. According to the will dated February 9, 2015, the testator decreed that his legal heirs shall receive the statutory… Read More »New Will
To whom do you bequeath your art? Dividing an art estate may be difficult. Since an heir can in principle not select any item. When dividing, all heirs have an equal right to the estate property according to Art. 610 para. 1 of the Swiss Civil Code. In the event of disagreement, an art object is to be allocated to… Read More »Bequeath art
The testator, born in 1957, adopted by Germans as an adult in 1990, made a will by public deed to dispose his property to his natural Polish parents in 1991. In addition, he made a holographic will in 1998 according to which AA or PA were entitled to designate his savings as well as assets in Switzerland and Germany according… Read More »No Delegation
You are at liberty to decide what you want to leave behind, whom you want to thank, whom you would like to give a treat, whom to support, or to pay forward. You have the opportunity to do so. Swiss Inheritance Law Revision Due to the revised Swiss inheritance law you will always be able to freely dispose of at… Read More »Unforgotten
Active, self-determined estate planning Have you made your own arrangements for your estate? Are you fully utilizing your options? Swiss law determines who will inherit and how much if you remain inactive. How much your legal heirs (blood relatives, surviving spouse) will receive (so-called inheritance quota) depends on your family circumstances. A distinction is made whether you are single or… Read More »Proportional right to an inheritance
Who will inherit you if you remain inactive? If you die intestate, without a will or inheritance contract (aka contract of succession) (so-called testamentary disposition upon death), the statutory succession applies. The law determines who will inherit you (so-called legal or statutory heirs) and with what share (so-called inheritance quota). The revised inheritance law does not affect the statutory succession… Read More »Legal / statutory heirs
Do works of art in a Swiss estate count as household effects or as an asset? What are the tax consequences? An art collection may qualify as tax-exempt household goods or taxable investment / asset in Switzerland. Critieria The decisive factors may be the ratio of the value of the art objects to the total assets, the type of insurance… Read More »Works of art as household effects or as an asset
