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Old 27.01.2016, 22:33
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Re: Swiss inheritance, with German Citizenship

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Isn´t that a tiny bit presumptious? She doesn´t need much to live off?
And he's got her passing away before him .... Never mind the statistics that women out live men.
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  #22  
Old 27.01.2016, 23:54
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Re: Swiss inheritance, with German Citizenship

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but this goes back to me with going under German law, He would never do it given the tax percentage compared to the place he is in in Switzerland.. I know he has tactics on saving as much money as he can, as it's no accident he ended up in one of the cantons with the lowest tax percentage, and I know this passed off onto my dad as he lived in a place where he was taxed the lowest, as he helped run his business for a period of time.. and he talked about hating taxes a lot!
Although Canton Graubünden is favorable for taxpayers with low incomes, it has moderate taxes for taxpayers with better incomes and moderate to large amounts of assets. Cantons such as Zug, Schwyz and Nidwalden have much lower income and capital tax burdens:

http://www.gruenderportal.ch/pdf/kantonsrangliste.pdf

The TagesAnzeiger newspaper published average tax burdens for all 2,408 communities in Switzerland. Arosa, Graubünden was number 582:

http://blog.tagesanzeiger.ch/datenbl...steuerparadies

If your relative has been trying to optimize his income and capital taxes, he should find a better tax advisor.

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I'm also assuming there is no accident he is not a Swiss citizen, which I know is only reason of some advantage of not becoming a Swiss citizen.. logically think also, why would someone live in a Country for so long and then not become a "part of them"... business tactic is really all I can think as I'm shocked he is not Swiss Citizen as he's lived there most his life..
There are several reasons that Germans, living in Switzerland, may not have taken Swiss citizenship. Taxation is not one of those reasons because Switzerland taxes residents of the country, excepting diplomats and a few non-working foreigners, whether or not the individual is a Swiss citizen.

Oftentimes young males who grow up and possibly were even born in the Switzerland, but are not Swiss citizens, do not obtain Swiss citizenship to avoid compulsory service in the Swiss military. Also, until about 10 years ago, Germans automatically lost their German citizenship by taking Swiss or any other citizenship for that matter. Aside from voting, there is not a great difference between being a Swiss citizen and having permanent residence "green-card" status in Switzerland, unless the green-card holder is a criminal.
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  #23  
Old 27.01.2016, 23:59
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Re: Swiss inheritance, with German Citizenship

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Never mind the statistics that women out live men.
Not in my family.

My late wife passed away before me, my grandmother 9 years before my grandfather (who passed away a couple months ago at 103), and my father's wife a few years ago.

Add in my wife's 100 year old great-uncle, whose wife passed away 10 years ago despite being 15 years younger, and we are all in.

Tom
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Old 28.01.2016, 00:17
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Re: Swiss inheritance, with German Citizenship

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Not in my family.

My late wife passed away before me, my grandmother 9 years before my grandfather (who passed away a couple months ago at 103), and my father's wife a few years ago.

Add in my wife's 100 year old great-uncle, whose wife passed away 10 years ago despite being 15 years younger, and we are all in.

Tom
I did say statistically... You, Tom, break every mold. We All know that.
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Old 28.01.2016, 10:09
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Re: Swiss inheritance, with German Citizenship

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I'm also assuming there is no accident he is not a Swiss citizen, which I know is only reason of some advantage of not becoming a Swiss citizen.. logically think also, why would someone live in a Country for so long and then not become a "part of them"... business tactic is really all I can think as I'm shocked he is not Swiss Citizen as he's lived there most his life..

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There are several reasons that Germans, living in Switzerland, may not have taken Swiss citizenship. Taxation is not one of those reasons because Switzerland taxes residents of the country, excepting diplomats and a few non-working foreigners, whether or not the individual is a Swiss citizen.

Oftentimes young males who grow up and possibly were even born in the Switzerland, but are not Swiss citizens, do not obtain Swiss citizenship to avoid compulsory service in the Swiss military. Also, until about 10 years ago, Germans automatically lost their German citizenship by taking Swiss or any other citizenship for that matter. Aside from voting, there is not a great difference between being a Swiss citizen and having permanent residence "green-card" status in Switzerland, unless the green-card holder is a criminal.
And of course another reason for not applying for Swiss citizenship is to avoid Swiss inheritance law.

At least that's one of my reasons.

I want the young people to go out there and make something of their lives themselves, rather than thinking they are guaranteed some of my hard-earned pennies.

So as a non-citizen I've claimed Heimatrecht - and can choose to leave whatever is left wherever, or to whomever, I want.
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Old 28.01.2016, 10:46
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Re: Swiss inheritance, with German Citizenship

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And of course another reason for not applying for Swiss citizenship is to avoid Swiss inheritance law.
That only works if you don't come from a country with similar laws, i.e. non-mainland Europe.

Tom
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Old 28.01.2016, 11:28
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Re: Swiss inheritance, with German Citizenship

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^ can't see the attachment but thanks for posting, glad to have more info for anyone looking.
Oops have to fix it.

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^
but this goes back to me with going under German law, He would never do it given the tax percentage compared to the place he is in in Switzerland..
Tax does not depend under which law the will was made. Tax depends only on where the testator and the heirs live. One of the reasons why Mr. Theo Müller moved to Switzerland.
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Old 28.01.2016, 11:31
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Re: Swiss inheritance, with German Citizenship

swiss-inheritance-german-citizenship-erben.png
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  #29  
Old 29.01.2016, 07:25
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Re: Swiss inheritance, with German Citizenship

"Tax does not depend under which law the will was made. Tax depends only on where the testator and the heirs live"

thank you for this.. so he could go "through Germany" then......... So for sure he will be taxed Swiss law, but can have a right to use the "system of German will laws" or the "system of Swiss will laws" , correct? So no matter what, I / everyone will be taxed Swiss Canton law?

for taxes, for me though.. this is current correct? Swiss will get nothing from me or anyone inheriting correct?

https://www.axa-winterthur.ch/en/con...s/Default.aspx

well I learn something every time you guys post, don't I.. he must not hate taxes as much as I thought then. sees odd to me then, but what do I know. I still wonder, there much be such a way he is "evading" paying high taxes as the amount he would be losing would be cringe worthy, and I know from his previous business dealings, he set them up in ways that no one thinks of, solely of benefit for him.. is there some investment strategy or way to invest money that get's taxed lower.. I couldn't imagine he would fork over that much tax money, as some of his habits would tell me completely otherwise


thank you guys with the wealth of info and sharing it.. I myself have seen some of these posts here for info, so I hope it's a help for anyone in similar situations or runs across this info.. once again always appreciate the time you take helping out and answering..


----------------------------------------------------------------

for the hilarious crowd that has no info to offer... sorry you don't get any!

"Isn´t that a tiny bit presumptious? She doesn´t need much to live off? "

no it's not, because you don't have the facts.. even at .25% it's........ more then most imagine. unless she has a knack for fleets of planes / yachts galore / buying sports teams.... then yeah I got it all wrong and she'll need that upped to .50% then, for sure!


Tom, would you like a new bike later for the info? what's your taste? BMW, Ducati? vintage? Aprilla? guzzi fan??? then I'll like you to post a nice photo with the caption under it as such: "Ever heard the expression "don't count your chickens before they're hatched"?"

that offer goes for everyone who previous posted info.. Ferrari might be stretching the relationship, so I would like for you to come up with a more feasible gift for your time..
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  #30  
Old 29.01.2016, 07:33
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Re: Swiss inheritance, with German Citizenship

Aswissintheus, question on that chart ass it doesn't make sense to me...

what info I read is this: German forced heirship rules (Pflichtteilsrecht) limit the freedom governing testaments (Testierfreiheit) to a German decedent's surviving spouse and to the decedent's surviving children. Thus, this "Testatorship" is limited to the decedent's descendants of the first degree, as opposed the decedent's grandchildren or great grandchildren or any more remote kinship.

In effect this means that only a surviving spouse and surviving children qualify under the German forced heirship rules (Pflichtteilsrecht). This is especially important, should open debts be left as part of a testament."




which makes it sound it cannot be passed down the line to grandchildren and great grandchildren and so on??? just so were on the same page
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  #31  
Old 29.01.2016, 10:48
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Re: Swiss inheritance, with German Citizenship

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"Tax does not depend under which law the will was made. Tax depends only on where the testator and the heirs live"

thank you for this.. so he could go "through Germany" then......... So for sure he will be taxed Swiss law, but can have a right to use the "system of German will laws" or the "system of Swiss will laws" , correct? So no matter what, I / everyone will be taxed Swiss Canton law?

for taxes, for me though.. this is current correct? Swiss will get nothing from me or anyone inheriting correct?

https://www.axa-winterthur.ch/en/con...s/Default.aspx

well I learn something every time you guys post, don't I.. he must not hate taxes as much as I thought then. sees odd to me then, but what do I know. I still wonder, there much be such a way he is "evading" paying high taxes as the amount he would be losing would be cringe worthy, and I know from his previous business dealings, he set them up in ways that no one thinks of, solely of benefit for him.. is there some investment strategy or way to invest money that get's taxed lower.. I couldn't imagine he would fork over that much tax money, as some of his habits would tell me completely otherwise


thank you guys with the wealth of info and sharing it.. I myself have seen some of these posts here for info, so I hope it's a help for anyone in similar situations or runs across this info.. once again always appreciate the time you take helping out and answering..


----------------------------------------------------------------

for the hilarious crowd that has no info to offer... sorry you don't get any!

"Isn´t that a tiny bit presumptious? She doesn´t need much to live off? "

no it's not, because you don't have the facts.. even at .25% it's........ more then most imagine. unless she has a knack for fleets of planes / yachts galore / buying sports teams.... then yeah I got it all wrong and she'll need that upped to .50% then, for sure!


Tom, would you like a new bike later for the info? what's your taste? BMW, Ducati? vintage? Aprilla? guzzi fan??? then I'll like you to post a nice photo with the caption under it as such: "Ever heard the expression "don't count your chickens before they're hatched"?"

that offer goes for everyone who previous posted info.. Ferrari might be stretching the relationship, so I would like for you to come up with a more feasible gift for your time..
If 25% is more than enough, why are other family members getting greedy you could not make it up.
I would give most of my money to charity, rather than greedy relatives.
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  #32  
Old 29.01.2016, 10:51
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Re: Swiss inheritance, with German Citizenship

Well, you never know, grandpa may still donate it to the RSPCA? :-)
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  #33  
Old 29.01.2016, 11:02
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Re: Swiss inheritance, with German Citizenship

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In effect this means that only a surviving spouse and surviving children qualify under the German forced heirship rules (Pflichtteilsrecht). This is especially important, should open debts be left as part of a testament."

which makes it sound it cannot be passed down the line to grandchildren and great grandchildren and so on??? just so were on the same page

No. Reffering to the graph: Your cousin has no Pflichtteil as his father/your uncle is still allive. But you inherited the Pflichtteil of your father.
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Old 29.01.2016, 11:21
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Re: Swiss inheritance, with German Citizenship

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Aswissintheus, question on that chart ass it doesn't make sense to me...
The chart is quite clear.

What it means is that grandchildren only inherit if their parent is deceased.

This is the case with a friend's brother's children, as my friend's brother passed away 10 years ago, so his children will receive his part when their grandmother dies.

Tom
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Old 08.04.2017, 23:55
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Re: Swiss inheritance, with German Citizenship

found this for anyone ( Attachment for tax chart )

apparently it's very up to date.. 2017





another side question if anyone can answer, as I've found conflicting info.. if relative has real-estate in Germany, does that fall under German law, or can it fall under Swiss law? I read there was an update to the laws around 2015, with every country handling assets in that Country?????


Thanks
Attached Files
File Type: pdf erbrecht-steuertabelle-en.pdf (227.8 KB, 57 views)
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  #36  
Old 14.04.2017, 23:46
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Re: Swiss inheritance, with German Citizenship

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I know his will is setup very well.
A Swiss Lawyer contacted me a while back asking for all my information...
@athens
This is the part I don't understand about your thread.

Your questions could be understood to mean: "Will all his assets go up in taxes?"
and "Do I still stand to inherit a lot?"

About the first:
If you know that your relative owns a fortune, has tax advisors and lawyers, then you can also rest assured that with their professional help he will have maximised/minimised whatever it is that can legally be tailored according to his will and the laws of both countries, e.g. tax, inheritance duties, and distribution according to the heirs. Your relative is unliky to be in any need of further advice, in this regard, from you (or this forum).

About the second:
If the wealthy, presumably old man (or his lawyer) were to read this thread, why, one could understand if they then took all possible steps to reduce your share of the inheritance as far as possible!
I agree with others who have written here that your post comes across as bad taste. Yours is one of the cases which could so easily be shown as an example of why there should be no "Pflichtteile" or none beyond the first generation.
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