Liechtenstein inheritance law reform 2024
On August 1, 2024, a comprehensive reform of inheritance law came into force in Liechtenstein – the first major revision since 1846. The changes apply to deaths occurring on or after October 1, 2024, and bring with them numerous amendments:
Modernization of language: Outdated terms such as “Nachlass” (estate) have been replaced by contemporary expressions such as “Verlassenschaft” (inheritance).
Extension of grounds for disqualification from inheritance: Mental cruelty and gross breaches of duty are now also grounds for disqualification.
Stricter formal requirements: Third-party wills now require three witnesses to be present at the same time.
Introduction of a care legacy: Anyone who has cared for the testator free of charge can claim a legal legacy.
Reform of the right to a compulsory portion: Parents are no longer entitled to a compulsory portion; the compulsory portion can be halved without justification.
New statute of limitations: Introduction of a 3-year relative and 30-year absolute limitation period for inheritance claims.
Impact: The reform strengthens freedom of testamentary disposition and adapts inheritance law to modern social developments. Legal advice is now more important than ever for testators and heirs.