According to the Swiss Inheritance Law parents and spouses are regarded as statutory heirs. According to the Inheritance Law, when a will is not drafted or an inheritance contract is not concluded the surviving spouse is entitled to:
According to the statutory laws, individuals may not dispose of their Swiss estate as they see fit, as the Succession Law mentions that descendants, spouses and parents have the right to a portion of the estate. Also, according to the Swiss law, heirs will inherit both assets and liabilities.
As mentioned above the Swiss Inheritance Law enforces the statutory order in inheritance matters. However, statutory inheritance will not be applied if the deceased has left a testament. The contract of succession is also provisioned by the Inheritance Law in Switzerland. According to the Swiss Civil Code, there are three forms of will:
You may contact our attorneys in Switzerland for public testament preparation and notarization.
The Swiss contract of succession is concluded between two or more individuals and by which at least one of the individuals renounces the inheritance.
Succession in Switzerland is taxed at cantonal level and is based on the net assets transferred to the heirs. The Swiss inheritance tax applies in the following situation:
The Swiss inheritance tax rates vary from canton to canton and depend on the relationship between the deceased and his or her heirs and the size of the estate. The inheritance tax for surviving spouses ranges between 0% and 6%. However, most cantons have started to eliminate the succession tax for descendants. For details about the inheritance legislation and taxes you can rely on our law firm in Switzerland.
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