Death is often unexpected. That’s why it’s never too early to plan the related issues in accordance with your wishes: intestate succession is the default when a person dies, but can be avoided with a will, which allows you to specify your final wishes.
2/3 of Swiss inherit
The average bequest is CHF 178'000
72% of heirs are already over 50 years of age, a full 28% are already receiving an AHV pension
The five basic rules of inheritance
- The surviving spouse/registered partner always inherits.
- Close family members take precedence in the right of succession over more distant members.
- If an heir is already deceased, his/her share goes to his/her heirs.
- If there are no heirs, the inheritance will be divided equally between the paternal side and the maternal side.
- The grandparents on the paternal side and the maternal side each receive half the inheritance. Only if are there are no surviving grandparents does the other side of your family inherit all of the assets.
Do you agree that your assets should be divided among your blood relatives as prescribed by the rules of intestate succession? If that is what you want, then you do not need to make a will. But what if you want to bequeath the freely disposable portion to someone else? For example, to someone you are fond of or a charity? In such cases, a valid will is essential to make sure your estate is divided as you wish.
Your digital footprint is probably bigger than you think. Most social networks collect and evaluate your data and use it for other purposes. In the event of death, it is often difficult or even impossible for relatives to gain access to all relevant accounts, cloud archives and profiles. Many people therefore give up trying and cannot prevent the continued receipt of birthday reminders or contact invitations for the deceased for many years.
How to proceed: many online platforms do not have satisfactory solutions for relatives who want to close down accounts and delete data relating to a deceased person. One of the easiest and most effective solutions is to store access data for all profiles and online accounts in a safe place. Give access authorisation to one or more people you trust.
A gift is the “allocation during one’s life of an asset free of charge”. If you give your children, spouse or a third party an asset as a gift, it is not included in the inheritance.
Plan your estate
Want to make sure your assets are distributed in accordance with your wishes? We recommend planning your estate as early as possible. Many people do not start thinking about their estate until they’re in their 50s. But life often turns out differently than expected.
Forward-looking estate planning
Calculate estate division
Do you want to know more precisely how your estate will be distributed and which option you prefer? Calculate how your estate will be divided and learn more about the differences between bequeathing an asset and giving it to someone as a gift!
Donate or bequeath?
Would you like to know how much tax will be due for a gift or inheritance?
Make an appointment for a consultation
Would you like to work with one of our experts to determine the best way to plan your estate? Then arrange an appointment today and receive a personal consultation!