Swiss Civil Code

¹ Where a life as­sur­ance claim matur­ing on the death of the de­ceased, in­clud­ing a claim arising from a re­stric­ted re­tire­ment sav­ings plan, was es­tab­lished in fa­vour of a third party by a dis­pos­i­tion inter vivos or by a test­a­ment­ary dis­pos­i­tion, or was trans­ferred by the de­ceased dur­ing his or her life­time to a third party without valu­able con­sid­er­a­tion, such claim is sub­ject to abate­ment at its re­demp­tion value.

² The claims of be­ne­fi­ciar­ies arising from the re­stric­ted re­tire­ment sav­ings plan of the test­at­or with a bank found­a­tion are also sub­ject to abate­ment.