Discretionary vs Bare Trusts for British Expatriates

As a British citizen living or working abroad, understanding the nuances of trust law and its implications on your financial planning is crucial. Two common types of trusts that often come into consideration are Discretionary Trusts and Bare Trusts.

Tax, UK taxProACT Sam Orgill25 January 2024trusts, estate planning, inheritance tax, bare trusts, discretionary trusts, uk expatsComment

Succession takes planning

With the death of Queen Elizabeth II we saw that a smooth succession takes planning.

A long life well lived can be enhanced by a smooth succession, by not leaving your family with issues when its your time.

Wednesday Webinar, Wills & Estate AdminProACT Sam Orgill26 September 2022Gainsborough Housequeen elizabeth ii, king charles iii, succession, wills, estates, legacy, estate planningComment

A Smooth Family Succession for Expats

Wednesday Webinar, Wills & Estate AdminProACT Sam Orgill20 September 2022queen elizabeth ii, king charles iii, succession, wills, estates, legacy, estate planningComment

Death is the hardest thing to face 🪦

Your inevitable death is be a hardest thing to face in life.

But in a lifetime of financial planning, and in over 20 years of providing expat services, I know that it is one of the most important subjects to face head on.

Tax Saving Expat Experts, UK tax, Wills & Estate AdminProACT Sam Orgill18 February 2022ProACT Partnershipmaking a will, estate planning, inheritance tax, capital gains tax, deathComment

Inheritance passes through the bloodline unless you make a will

Inheritance rights pass through the bloodline automatically.

That means if there is no will, it passes to the bloodline.

Wills & Estate AdminProACT Sam Orgill16 February 2022ProACT Partnershipmaking a will, estate planning, inheritance tax, capital gains tax, deathComment

[Webinar] Capital Gains Tax Becomes Inheritance Tax If You Don’t Plan Ahead

Capital gains tax (CGT) is due when you sell an asset such as a property, shares or cryptocurrency. However, if you die then CGT becomes inheritance tax which means that your family will pay up to 40% tax.

By taking the right steps and planning ahead you can reduce this liability all the way to 0%.

Tax Saving Expat Experts, UK tax, Wednesday Webinar, Wills & Estate AdminProACT Sam Orgill15 February 2022ProACT Partnershipmaking a will, estate planning, inheritance tax, capital gains taxComment

[Webinar] Why Making a Will To Avoid Inheritance Tax Works

We’ll be looking at how making a will can help you avoid inheritance tax.

Tax Saving Expat Experts, UK tax, Wednesday Webinar, Wills & Estate AdminProACT Sam Orgill7 February 2022ProACT Partnershipmaking a will, estate planning, inheritance taxComment

Live Chat