Financial assistance for de facto partners
The changes to Swiss inheritance law mean a de facto partner will be able to claim financial assistance after the death of the testator, if he or she would otherwise suffer hardship. This legislation is intended to prevent the de facto partner from having to depend on welfare payments. The entitlement to assistance will be in the form of a pension and ensures that the person concerned enjoys a basic standard of living. The designated amount of financial assistance cannot exceed 25 percent of the estate.
Pillar 3 funds
In addition, the new law stipulates that pillar 3a funds (bank and insurance solutions) are not part of the estate, but that they may be claimed against if compulsory shares are not paid. The law has therefore been changed to reflect common practice.considered when calculating how to divide up the pension pot.
On August 29, 2018, the Federal Council adopted a dispatch on the revision of inheritance law. This still needs to be debated in parliament. Depending on the result of the discussions, a referendum could be required. A date as to when the revised inheritance law will come into force is difficult to predict.