A will or testament is a legal document created by a testator which specifies how their assets will be distributed in the event of their death.

In Switzerland, testators are required to abide by Swiss succession law. This defines which entities have a right to a portion of the assets and what portion of assets may be left to other entities of the testator’s choice. If a will does not abide by succession laws, it may be declared invalid. Because of this, it can be helpful to enlist the help of a lawyer when creating a will.

More on this topic:
Inheritances: Rules that dictate who gets what in Switzerland

Editor Daniel Dreier
Daniel Dreier is editor and personal finance expert at moneyland.ch.