Legally, you may give away as much money as you like. There is no upper limit. However, the key factor is whether your gift is considered a gift for tax […]
Inherited assets must generally be reported on your tax return. In most cases, the inheritance can be entered in the “Gifts/Inheritances” section. In addition, inherited assets must generally be reported […]
Quick Summary Under private law, the consent of the other heirs is required in order to drive a deceased person’s car. Later, during the division of the estate, the car […]
In Swiss road traffic law, as in many other areas of law, a distinction must be made between federal and cantonal jurisdictions: While the Road Traffic Act (SVG) uniformly requires […]
The time it takes to receive an inheritance can vary. Generally, heirs can only dispose of the estate on their own after the division of the estate has been finalized. […]
Any last will and testament may be revoked in whole or in part by the testator at any time. The same requirements apply to revocation as to the creation of […]
The revocation of a power of attorney by the principal is possible at any time without any explanation. The revocation can be made in any form and only needs to […]
The requirements and controls regarding access to bank accounts following a death have become stricter over time. In the past, it was relatively easy to transfer bank accounts to new […]
A mortgage is a limited right in property that is encumbered on a property and serves to secure a monetary claim. If the debt secured by a lien is not […]
After a testator’s death, the surviving relatives must deregister the deceased with government agencies and banks. As soon as they know which banks hold accounts in the deceased’s name, they […]
A gift's value or the gifted amount of money is not relevant to determine whether it was a gift or not. A gift within the meaning of the Swiss Code […]
Your heirs are liable for tax in the canton where the deceased was last resident (spouses/registered partners are, however, exempt from inheritance tax in all cantons and descendants in most […]
The most common places of death are at home, in a hospital, in a long-term care facility, or in a public place. The first—and entirely appropriate—response is to notify a […]
Your half-siblings are also heirs to your father's estate who are entitled to a compulsory portion. However, the half-siblings are not entitled to inherit from your mother's estate. It is […]
The answer to your question can be found in the ZGB (Swiss Civil Code). According to Art. 617 ZGB, the market value at the time of the division of the […]
Of course, but the extent may be limited. Siblings are not heirs with compulsory portions. The niece/godchild can receive everything. Without a will, the siblings will inherit. So you can […]
That depends on the type and scope of the power of attorney. There are ordinary powers of attorney granted between living persons, which may be oral or written and expire […]
It can happen that one of the heirs dies before the division of the estate has been completed. In this case, the heirs of the deceased heir take his or […]
The Child and Adult Protection Authority (CAPA/KESB) is an institution for the protection of persons who are incapable of acting. It acts on appeal or ex officio where a person […]
The time it takes to divide the estate can vary greatly. That depends on the circumstances (e.g. disputed inheritance or not). It can take up to 1.5 years. More about […]