In his budget last week, UK Chancellor Jeremy Hunt, announced his intention to move to a residence-based regime for Inheritance Tax (IHT). The question is how will this affect us as expats?
Richard Burton was an actor renowned for both his exceptional talent and his turbulent personal life. He also offers a cautionary tale for expats when it comes to estate planning. Despite his efforts to avoid UK inheritance tax (IHT), including living for more than a quarter of a century in Switzerland, Burton’s story reveals the complexities and pitfalls of domicile laws and their impact on inheritance tax (IHT). The Dazzling Life and Unexpected Legacy of Richard Burton …