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【Wealth Succession】Swiss succession law amendments set for January 2023

The Swiss Federal Council has announced that significant amendments to inheritance law will enter into force on 1 January 2023.

The reforms will substantially alter Switzerland's forced-heirship laws. They will reduce descendants' statutory entitlement (reserve legale) from three quarters to half the estate and abolish the parents' statutory entitlement entirely. Statutory entitlement of the surviving spouse and registered partner is maintained at half of their succession right.

The right to dispose where there is a usufruct in favour of the surviving spouse or registered partner is increased from one quarter to half of the estate. A testator will thus be able to grant a surviving spouse or partner half the estate in full ownership and the usufruct on the other half. ...

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