A Brief About Swiss Succession Law
The concepts of universal succession and acquisition by operation of law are followed by Swiss inheritance law. Upon the testator’s passing, the heirs automatically become the beneficiaries of the entire estate. The testator’s claims, rights in rem, and property shall immediately and wholly transfer to the heirs, subject to the statutory exclusions. The heirs will be personally liable for the testator’s debts. This indicates that the testator’s assets pass to the heirs as a single, complete entity rather than to each one separately. The heirs’ inheritance occurs automatically under the law without requiring further transfer documents. There are, however, some exceptions to this rule, such as situations when the heirs must expressly declare their acceptance.
According to Swiss law, the testator may only dispose of the disposable component of the estate. This inheritance component is not set aside for legal heirs by the compulsory portion.
These forced heirship laws are common in nations with civil law, which reserves a particular inheritance fraction for some legal successors.
Because of this, the freedom of disposition is constrained by the rights of some family members.
The compulsory portion cannot be subject to conditions or requirements and must be paid out to the heirs.
Read more about it from the link mentioned below.
Read the blog:- https://www.centrolaw.ch/en/insights/detail/succession-law-in-switzerland
