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Trust Planning for UK Families with US Family Members

Trust Planning for UK Families with US Family Members

UK families often have family members who reside in the US or are US citizens.  The US and UK tax systems are close cousins of each other, and each have their respective complexities. One significant difference is trust planning. In the US, US families will nearly...
The Foreign Account Tax Compliance Act Explained

The Foreign Account Tax Compliance Act Explained

The Foreign Account Tax Compliance Act, also known simply as ‘FATCA’, is a United States law requiring all US citizens both internally and overseas to file reports annually regarding any foreign financial assets and account holdings. The Act was endorsed as part of...
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