I’ve inherited CHF 200,000—what now?
January 8, 2025
2 min read
arvy's Teaser: You've inherited. Maybe CHF 50,000, maybe CHF 200,000, maybe more. It's a moment that's simultaneously sad and overwhelming. Suddenly there are questions you've never had: what do I do with the money? Do I owe tax? Should I invest it all? Here's a calm, honest roadmap — no pressure, with respect.
First: It's OK to Do Nothing. For Now.
An inheritance often comes in a moment of loss. Nobody expects you to make optimal financial decisions immediately. The money isn't going anywhere. A few weeks or months in savings is fine. Don't make big decisions under emotional pressure.
But don't let weeks become years. On a savings account, your money loses purchasing power every day.
Step 1: Clarify the Tax Question
Good news: in most cantons, inheritance to spouses and children is tax-free. For others (siblings, nieces, non-relatives): often 6–40%. Schwyz: no inheritance tax for anyone. Important: The inheritance must be declared in your tax return — even if tax-free. The new assets are subject to wealth tax immediately.
Step 2: Take Stock
Debts? Pay off consumer credit first. Emergency fund? Top up to 3–6 months' expenses. 3a maxed? If not, now. PK buy-in possible? Often the most tax-efficient use of an inheritance — 100% deductible. Mortgage? Consider partial amortisation or indirect amortisation via 3a.
Step 3: Create the Investment Plan
Example: CHF 200,000 inheritance, age 55
CHF 7,258 → Max out 3a (tax savings ~CHF 2,000–2,500)
CHF 20,000 → PK buy-in (tax savings ~CHF 7,000)
CHF 20,000 → Top up emergency fund
CHF 50,000 → Invest immediately (long-term core)
CHF 102,742 → Deploy over 10 months (~CHF 10,274/month) -> Power of DCA
Immediate tax savings: ~CHF 9,500. Estimated after 10 years: ~CHF 310,000.
The 4 Most Common Mistakes
❌ Leaving it in savings "until I decide" — months become years. CHF 200,000 loses CHF 3,000 in purchasing power annually.
❌ Acting impulsively — new kitchen, new car. Treat yourself, but set a budget (5–10% of inheritance) and invest the rest.
❌ Trusting the bank that calls — when a large sum lands, the bank calls. Their "advice" is sales.
❌ Not talking to your partner — an inheritance can create conflict. Discuss openly before deciding.
"You inherited from people who worked hard. The best way to honour their legacy: handle it wisely. Not waste it, not hide it — invest it so it keeps working for you and your family."
Let's figure out what's best for you.
No sales pitches, no product pushing. Just an honest conversation about your situation, your goals, and the best plan for your inheritance.
Disclaimer: This article is for general information and does not constitute investment or tax advice. Inheritance tax varies by canton. arvy is a FINMA-regulated asset manager.
