Do contracts end automatically in the event of death?
Contracts don’t just automatically end when a loved one passes away. So it is important to notify contractors and properly terminate contracts. In the event of death, there are special termination options in some cases.
Notify the bank and post office in the event of death
When a testator dies, you must report the death to all institutions and banks. The post office is also to be informed of the death. We recommend leaving a bank account open for settling the estate.
The loan agreement – what happens after death?
When we hear the word loan, we think of a bank loan. But money is also regularly lent within families or between friends. However, not many people think about what happens if the borrower dies. This could prove to be an expensive mistake.
Bequeathing a non-profit organisation – donation by will
leaving a legacy, they can give an organisation the right to a part of their estate but without giving them status as heir. Testators can also leave their free quota to non-profit organisations in a will or a contract of succession. By
Right of residence – lifelong living in your own home
You can apply for a right of residence in order to secure your individual housing situation in the event of death. The right of residence is the right to inhabit a building or part of it. In contrast to the “usufruct”, the use of the right of residence is personal and not transferable.
Notarial certification – when to consult a notary
The will is drawn up by the testator without the involvement of possible heirs or legatees. This can be a sensitive matter as the will is only effective after the death of the testator. Formal requirements are therefore imposed by law to protect all parties involved.
The way to inheritance – how does an inheritance work?
After the death of a loved one, an inheritance and the community of heirs face each other. But who gets what only becomes clear when the estate is divided. What happens if the heirs disagree on the distribution of the estate?
Guardianship provision – guardian in case of death
What is a guardianship provision? In principle, Swiss law provides for legal provisions when parents decease. If only one parent dies, custody usually remains with the surviving parent – given this is within the best interest of the child. This is automatically the case for parents who are married, as well as those who are […]
Inheritance advance – what you need to know
An inheritance advance is a special form of gift. However, the recipient must offset this free gift from their share of the inheritance when the estate is divided up. Read on to find out what you need to know to prevent disputes later on.
The inheritance contract
A person can set up an inheritance contract to prepare for their death. This will allow them to dispose of their assets after their decease.
Will – requirements on form and content
In the event of death, the will is often the most important surviving document. In order for it to be valid, it must meet certain formal requirements. Normally, it must be written by hand, as well as dated and signed.