News

Latest news and press releases from Edale group.

Clear(er) path to clients getting money from Brite Advisors

During May, lots of details came out showing what was happening with Brite Advisors’ receivership, and June’s court orders have provided instructions to interested parties on what to do. The court’s specific instructions now present a clearer picture of a route to beneficiaries receiving their cash, but some beneficiaries may be more complicated due to […]

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Brite Advisors liquidation: May 2024 Progress for Members and Beneficiaries

Brite Advisors Pty Ltd (In Liquidation) (Receivers and Managers Appointed) has been under significant scrutiny and legal proceedings since early 2024. The ongoing liquidation and receivership process involves managing the Client Assets under Management (Client AuM) and addressing the interests of the Beneficiaries and Trustees involved. The progress made in May 2024 highlights several critical

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Navigating the Tax Maze: Strategies for American Expats Under the Scrutiny of the IRS and HMRC

The intricate dance between tax obligations in the United States and the United Kingdom for American expatriates presents a labyrinth of challenges. The complexity of balancing the Internal Revenue Service’s (IRS) requirements with those of Her Majesty’s Revenue and Customs (HMRC) can seem daunting, yet it’s a puzzle that, with the right expertise, can be

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Bridging Financial Gaps: The New Era of Junior ISA for American Families in the UK

In a world where the financial future seems increasingly uncertain, finding a reliable and affordable way to secure our children’s futures is more important than ever. This is especially true for American families living in the UK, who often face additional hurdles in navigating the complexities of international finance. Recognising this, Edale have taken a

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Expats Understanding Inheritance and Estate Planning under Islamic Law

Islamic law, also known as Sharia law, is based on religious principles and values that are derived from the Quran and the teachings of Prophet Muhammad. Sharia law provides guidance on all aspects of life, including inheritance and estate planning. In this blog post, we will discuss how an estate is divided under Islamic law

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Why Expats Should Choose a Good Jurisdiction for Savings: Mitigating Risks in Emerging Markets

Expatriates or expats are individuals who live and work outside of their home country. They may relocate for work or personal reasons and often face unique financial challenges. One of the biggest challenges is choosing a good jurisdiction for savings. Capital market controls and death in country systems can cause probate and estate planning issues

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Returning to the UK? Get Expert Financial Advice from a UK firm (outsiders are not permitted to advise you)

As an expat returning to the UK, there are many things to consider, especially when it comes to financial matters. Unfortunately, if you’re looking for advice from a non-UK financial adviser, you may be limited in the guidance they can provide. That’s because financial advice is regulated differently in each country, and non-UK advisers may

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Maximizing Your Return to the UK: Expert Financial Advice for Brits Abroad Returning Home

As a British expat living abroad, returning home can be an exciting prospect. However, returning to the UK after living as a Brit abroad can come with a unique set of financial considerations. As you begin planning your return to the UK, it’s essential to understand the financial implications of your return, especially concerning your

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