Estate Planning Archives

Distributions from ROTH IRA for UK tax efficiency from US Pension

401k IRA, Expat financial advice, us uk financial advisor / By Lawrie Chandler

A Roth IRA functions as a retirement account which provides significant tax advantages. It has no UK equivalent but its advantages make it worth considering for retirement and retirement planning. Contributions to the account come from after-tax dollars, but invested funds grow without taxation, and qualified withdrawals are tax-free both in the USA and the UK. The […]

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American expats buying property in the UK

us uk financial advisor / By Lawrie Chandler

Tax challenges for US Citizens buying a house in the UK face tax challenges in the USA that should be borne in mind. Additionally, if American-based parents give you some cash towards a deposit, you need to be aware of the impact of estate planning. Therefore, whether buying property alone or with a UK spouse,

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Case Study: Navigating Complex US Inheritance Paperwork for a UK Beneficiary

Casestudy, Investments, ISAs for Americans / By Lawrie Chandler

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

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