What are the changes? At the end of April, President Biden announced the American Families Plan as “an investment in our kids, our families and our economic future”. The 10-year plan to increase support for American families is estimated to cost $1.8 trillion. Predominantly targeting education, childcare, healthcare, the aim […]
Initial Public Offerings, or IPOs, became a hot topic in 2020 with the most IPOs in a calendar since 2000. In a world where IPOs seem to be a weekly occurrence and more accessible to the retail investor. Basics of an Initial Public Offering What is an IPO? An […]
Losing a loved one is distressing for anyone, but for many Americans living in the UK, it can create additional challenges. Ordinarily you have to liaise with medical staff, banks, and lawyers but it doesn’t end there if an American is involved. We have highlighted some of the issues when […]
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 […]