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ARTICLE · 02 FEBRUARY 2024

No Swiss Trust

MME Legal | Tax | Compliance
MME Legal | Tax | Compliance
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The consultation on the introduction of a Swiss trust showed that there was currently no majority support for the introduction of such a legal institution.

SwitzerlandFamily and Matrimonial

The consultation on the introduction of a Swiss trust showed that there was currently no majority support for the introduction of such a legal institution.

No Swiss trust

Trusts are a very common and well-known instrument in Anglo-Saxon countries. As an established, versatile, and flexible vehicle, they are regularly used within estate planning and asset protection. In Switzerland, trusts have been recognized under the Hague Trust Convention since 2007, a fact that led to their increased significance.

The motion "Introduction of a Swiss trust" instructed the Federal Council to implement a legal basis for trusts. However, the consultation on the introduction of a Swiss trust showed that there was currently no majority support for the introduction of such a legal institution. In particular, the tax provisions were clearly rejected, so the proposal has been dropped.

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