Expat Inheritance Tax Service

I’m worried about the tax on my global assets.

As a British expat, your worldwide estate could be subject to UK Inheritance Tax. However, you can strategically manage your global assets with our expert guidance.

We’ll help you understand the nuances of domicile status and its impact on your tax liability.

This way, you can feel confident that your assets are protected and optimised for the benefit of your loved ones.

I’m unsure about my UK property’s tax implications.

It’s crucial to understand that as a “Non-UK Domicile” if you own UK Property, you are liable to UK Inheritance Tax on that property.

But don’t worry; our team is here to help you navigate these complexities. We’ll provide clear strategies to manage your UK property and reduce your Inheritance Tax liability.

With our assistance, you can rest assured that your UK property is managed in a way that aligns with your financial goals and benefits your beneficiaries.

I’m not sure how to reduce my Inheritance Tax.

Reducing your Inheritance Tax liability involves strategic planning. We’ll guide you through various strategies, such as transferring unused thresholds, making gifts from regular income, and taking advantage of exemptions and reliefs.

For instance, if you leave 10% or more of your estate to charity, the tax rate can be reduced to 36% on some assets. We’ll help you understand these options and implement the ones that best fit your situation.

With our guidance, you can maximise what your beneficiaries receive and create a lasting legacy that reflects your values.

I’m uncertain about the benefits of using trusts.

Trusts can be a valuable tool in Inheritance Tax planning, offering benefits such as asset protection, control over distribution, and potential tax savings.

By utilising trusts, you can ensure that your assets are managed and distributed according to your wishes while potentially minimising your Inheritance Tax liability.

Our experts will guide you through the intricacies of trusts, helping you understand how they can work for you and providing you with peace of mind for the future.

I don’t understand how my domicile status affects me.

Your domicile status is a key factor in determining your Inheritance Tax liability.

If you’ve retained your UK Domicile of Origin status, UK Inheritance Tax rules would still apply to your estate even after moving abroad. However, you can change your domicile status by acquiring a ‘Domicile of Choice’.

Our experts will guide you through this process, helping you understand its implications and ensuring you make informed decisions.

With our help, you can navigate this complex area and potentially reduce your Inheritance Tax liability.

I’m concerned about disputes among my beneficiaries.

Additionally, we can guide you in using the Residence Nil Rate Band (RNRB) effectively, which involves leaving your main home to direct descendants.

This can further reduce your Inheritance Tax liability and ensure a fair distribution of your estate. With our support, you can gain peace of mind knowing your legacy will be handled as you wish.