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 […]
Tag: Wealth Management
Four key things US Persons need to bear in mind during Year End Tax Planning
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 […]
US Families in Europe and around the globe
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 […]
Cashflow Planning for Multi-jurisdictional Families
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 […]
Robert Paul interviews Chris McLemore from Butler Snow about renouncing US citizenship
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 Judd interviews Grainne Fahy from BLM Law, on the ins and outs of Divorce
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 […]
US Surrogacy and the Accidental American: What UK Intended Parents need to know about US Tax.
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 […]
Investment planning in times of financial stress
The COVID-19 crisis of 2020 has taken its toll on the world – the tragic loss of life, the devastating social distancing from loved ones and the financial impact on economies across the globe. Global equity markets fell sharply from the middle of February, with drawdown levels of -35% in […]
Setting your financial foundations
When our lives are full and there are not enough hours in the day, reviewing finances can often be the last thing on the agenda. We have so many things to focus our energy on, whether that’s our career, our home, our children, caring for parents, charitable work or simply […]