Jenny Judd speaks to Simon Gardiner, Senior Private Banker at Weatherbys, about the complexities of opening a UK bank account as an American and how his team at Weatherbys can help. When working or living abroad for a prolonged period, a key aspect is having a reliable financial services partner. […]
Within courtroom dramas the splitting of the financial assets can be overplayed because it is so often perceived as esoteric. The reality of course is far from the TV scripts; the splitting of financial assets are one section of a multi-faceted agreement, the part it plays is unique to each […]
Selling a property in the UK In the UK, individuals benefit from Principal Private Residence (PPR) relief. This allows individuals to sell their main home and pay no capital gains tax, assuming a few conditions on occupation are met. Unfortunately, the Americans amongst us have another set of rules to […]
As 2020 finally draws to a close, hopefully signalling the start of the end of the pandemic. It also represents the time for American families to review their tax affairs and take advantage of year-end planning before the 31st of December deadline. Everyone is curious to see what 2021 will […]
Whether it be work, family, a lifelong dream to live on the Côte d’Azur or even by accident, the number of Americans living in the UK, Europe and Israel has continued to grow. The increase in globalisation over the past two decades and the citizenship-based taxation system implemented by the […]
Planning your financial future can be a daunting task at the best of times. It can require a degree of introspection around the ‘big’ life moments e.g. when can I afford to retire, which can appear intimidating. For this reason, the use of cashflow modelling can offer a sense of […]
Following on from his guest slots on our podcast ‘A United Approach’, Robert Paul speaks to Chris McLemore, Attorney, Butler Snow about renouncing US citizenship. Is the process lengthy and/or difficult? The renunciation itself is fairly straightforward. It involves meeting with a consular official at a US embassy or consulate and […]
Jenny: If you are considering a divorce, what are the initial steps to take? Grainne: Ask your friends and family for support. Coming to terms with the end of a marriage is an emotionally draining process. It is beneficial to have a network to help you through it, even if […]
With surrogacy increasing in popularity for couples who wish to start a family, many UK intended parents are choosing to embark on their surrogacy journey in the US. There are many benefits to choosing the US. In many states, such as California, commercial surrogacy is legal and has a codified […]