Expatriate estate planning

New UK Inheritance Tax Rules for Non-Doms: What You Need to Know for 2025

On 30 October 2024, the UK government announced sweeping updates to the inheritance tax rules affecting UK residents who are not domiciled in the UK—commonly known as “non-doms.” Below, I’ll break down the main changes in a straightforward way to help you understand what these new rules could mean for you.

UK Budget 2024 – What does it mean for expats?

The dust is still settling on last week’s Budget. Things like increased National Insurance Contributions and a higher government borrowing ceiling have already been picked apart by the mainstream media. However, in this post, I want to focus on a few areas that will be of interest to those of us who are either living outside the UK already or who are considering doing so.

Beyond the 7-Year Rule: How the 14-Year Rule Impacts Your IHT Planning

When it comes to UK inheritance tax (IHT) planning, many of us have heard about the seven-year rule. It’s a well-known part of the tax code that says if you give away assets during your lifetime, and survive for seven years after making the gift, those assets will typically be exempt from IHT when you pass away. But there’s another, less familiar rule that can complicate matters—the 14-year rule. If you’re serious about protecting your estate from unnecessary tax, this…

Understanding UK Tax, Retirement & Succession Planning in Saudi Arabia

📚 Financial Guidance for Expats in Saudi Arabia This series provides clear, expert guidance for British expats living in Saudi Arabia—or planning to move there or return to the UK. From understanding UK tax, pensions, and succession planning in Saudi Arabia to navigating the financial implications of moving in either direction, these resources will help you make informed, confident decisions about your long-term finances. …

How Did Anne Robinson Legally Avoid Inheritance Tax?

TV personality Anne Robinson recently made headlines for legally avoiding Inheritance Tax (IHT) by gifting her £50 million estate to her family. But how did she do it? This article explores the UK’s inheritance tax rules, the seven-year gifting rule, and the potential risks of estate planning strategies.

How to Manage and Invest an Inheritance Wisely

Receiving an inheritance can be a bittersweet event, often arriving due to the loss of someone dear. However, this influx of assets also presents a unique opportunity to improve your financial stability and future. Here’s a straightforward guide on how to responsibly and effectively invest an inheritance.

Gone for a Burton! What Expats Can Learn About Estate Planning from an Acting Legend

TL;DR Estate planning is about far more than writing a will. As this case study illustrates, failing to review your affairs regularly can leave loved ones facing unnecessary tax, delays, and uncertainty. For British expats, cross-border assets, pensions, residency, and inheritance rules make planning even more important. A well-structured estate plan helps ensure your wealth is passed on according to your wishes, not simply according to default legal rules. Is Your Estate Plan Ready for Life Overseas? Stories like the…