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
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
What willl change? My best wishes for a prosperous 2023, in the best of health, with satisfaction, interesting encounters, new opportunities and with a lot of passion, in everything you do. There are also reforms in 2023: Revision of the Swiss corporate law On January 1, 2023, various amendments to Swiss company law will come into force. Existing companies must… Read More »Here’s to a prosperous, successful 2023.
Three steps to passing on values and assets while preserving family peace. Have you provided for your loved ones and settled your final affairs? How would you like to be remembered? Start today, regardless of your age and life situation. Leave nothing to chance and reconsider existing arrangements. First step: reflect. Who or what do you want to support? Which… Read More »Reflect, seek advice and plan your estate.
A check-up should be done for existing estate planning documents preferentially before January 1, 2023, when the first part of the revised inheritance law enters into force. Current arrangement, clear wording Last will and testament, marriage contract, contract of inheritance nDo any documents relating to inheritance law already exist? Yes? A will or inheritance contract? What is its content? Are… Read More »The time is winding down. Check-up your existing estate planning
Preference of the spouse Elderly couples would often favor the other for old-age provsion. Young couples with offspring buying a house also want to benefit the other. This is possible, among other things, by means of a marriage contract surplus allocation. How is this treated under inheritance law? Without marriage contract For the surviving spouse, what he or she receives… Read More »Marriage contract surplus allocations and their treatment Under the inheritance law.
How are benefits from tied (private) pension (pillar 3a) treated under Swiss inheritance law in the event of death? Statutory share, action in abatement Insurance law solutions can be used to try to circumvent the right to a compulsory portion. Violations of the compulsory portion are subject to reduction. An action in abatement can be brought. In the case of… Read More »Benefits from tied (private) pension (pillar 3a) and revised inheritance law
Should the surviving spouse continue to live in the house and be unable to sell it? What does the revised inheritance law provide for the usufruct (according to Article 473 Swiss Civil Code)? Motive Usufruct in favor of the spouse against joint children is like a tied up purse. The children as owners receive so-called naked property, of which they… Read More »Usufruct according to Art. 473 CC and revised inheritance law
If the testator gives too much to someone, the heir entitled to a compulsory share may request a reduction. It is like shortening pants. You take away as much as you can until it fits, or you reduce it to the permissible level. Sequence of reduction The revised law of inheritance expressed itself on the order of reduction: first acquisitions… Read More »Statutory share, reduction, action in abatement and revised inheritance law
Who should inherit your assets? Your estate is like a cake whose pieces you can distribute. Choose appropriate working today to preserve family peace. Legal succession when you die intestate Legal succession applies if you remain inactive or die without a will or inheritance contract (so-called testamentary disposition upon death). Statutory inheritance shares will remain unchanged. The only changes will… Read More »Revised inheritance law, reduced compulsory portion, more options
