We often get asked how we came to specialise in financial planning for American citizens and dual-citizens. It wasn’t a case of a business plan, drawn up in a business school; it was a question of life, lived overseas, from an early age, and taking a much broader view of the world than many of our […]
Dual Citizen Financial Planning: The Story Behind Our Specialism Read More »
This document gives your permission for Edale UK Management Ltd to get information from other financial groups on the accounts we have discussed with you. To complete the form: Edale Letter of Authority EDALE UK Management Ltd Phone +44 20 799 35 360 | hq@edale.co | www.edale.co Letter of Authority and Engagement Dear Sir /
Letter of Authority Read More »
President Joe Biden signed the Social Security Fairness Act into law on Sunday (5 Jan 2025), a landmark act that will remove the reduction of retirement benefits for those receiving non-covered pension income. This transformative law ends the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), two controversial changes that have been detrimental
Professionals accelerating up the corporate ladder or high earners face complications as their incomes break through different thresholds. A pair of rules where you earn two pounds and lose a pound creates a real dilemma for people who want to plan their long-term futures. Known as the “60% Tax Trap” and “Taper Tax”.. We have
High Earners Dilemma: Avoiding Income Tax Traps Read More »
Picture a street of rainbow-coloured houses. On one side of the road is a British tax inspector with one rulebook; on the other side of the street an American tax inspector with another rulebook. Each house in the street represents an investment product or ‘tax wrapper’. Each tax inspector’s has different rules so looks at
A Tale of Two Taxmen: How the UK and US View Tax Wrappers Read More »
New documents published by Mcgrathnicol linked to the liquidation of Brite Advisors Pty Ltd (these are listed below) begin to outline some actions that beneficiaries will soon have to complete. To provide some guidance on what a beneficiary should expect, we have attempted to summarise the documents. From the documents provided, beneficiaries have several essential
Actions on beneficiaries for Brite Adviser liquidation Read More »
Labour’s first budget warns of pain ahead, so here is an outline of the current inheritance tax and capital gains tax regimes that are under the spotlight With the Labour government’s first budget looming after we return from summer holiday’s there is much speculation (and dread) about the government’s long-promised tax reforms. Speaches of pain
What could some of the budget changes be in Oct 2024? Read More »
In this case study, we provided assistance with US inheritance paperwork to the niece of a beneficiary, who had to navigate a dizzying array of unfamiliar financial terms, how to handle an individual retirement account (IRA) inheritance, and forms for inheriting a US annuity that was issued by a US Mutual. Background Information Personal/Financial Situation: The client
Case Study: Navigating Complex US Inheritance Paperwork for a UK Beneficiary Read More »
With a batch of updates in the past couple of weeks, we thought an outline of what had occurred may be helpful, as lots of documents have been added to the Recievers website. Importantly, a distribution framework was submitted to the Court on 8/9th August, and we summarise what this means as it is the
Cash distribution plans and client statements for Brite Advisors Read More »
Introduction to the August Reflective Series As we enter the quiet and holiday month of August, a time when many take a break from the hustle and bustle of daily work life, we find ourselves pausing to look back on our journey. It was a cold January in 2014 when our firm first opened its
Growing into Our Teenage Years Read More »
ISA Season. Open Shares ISA Online. Accepts US UK Citizens. More details.
