Considering what will happen to your assets and liabilities after you're gone can be challenging, but our advisers are here to help you run through this process with confidence and peace of mind.
Estate planning is essential for protecting your wealth and assets. At Skybound Wealth, we combine years of experience with expert knowledge to ensure that your assets are safeguarded across multiple jurisdictions.
By structuring your wealth in a tax-efficient way, you can be confident that your earnings are protected and made good use of when you’re no longer here. Our professional team is equipped to help you understand trust planning and wills, so you can sit back, relax and concentrate on living your life.
Do you need reliable trust planning services? Talk to our team today.
Living as an expat can bring new opportunities, but it also adds layers of complications when planning your estate, wills and trusts. Your assets may be distributed across multiple countries, with jurisdictional differences and varying legalities.
If your permanent home is abroad, inheritance tax is only applied to your UK assets. Therefore, it’s important to understand the tax liabilities you’re subject to, so that you can avoid double taxation.
Probate issues may arise if you were to pass away while living abroad. To ensure that your assets are distributed according to your wishes, it’s vital to engage in thorough estate planning, including wills and trusts. Protecting your family involves considering the legal rights and responsibilities in your host country, such as guardianship laws, and ensuring that you have appropriate legal documents in place to safeguard their interests.
Are you ready to start estate planning? Contact our team today to find out more.
You can reach us directly by calling us between the hours of 8:30am and 5pm at each of our respective offices and we will immediately assist you.
Whilst setting up a trust can incur legal costs initially, these costs often allow a person (Trustee) to protect their wealth from the tax man when they pass away, meaning they can pass more of their money on to family and loved ones.
The recipient of a trust as nominated by the trustee is known as the beneficiary. This could be, amongst others; your spouse, a family member or an entity such as a charity.
Trust planning can be a rather complex matter, but at Skybound Wealth, our experienced advisers will support you, making the process as easy to understand and as hassle-free as possible.
Drafting up a will is an essential part of any financial plan, but even more essential if you’re an expat, or you have assets in more than one country. It’s important to make sure you have a will written up that will cover these different bases. Here’s why…
You may have a will which was written in your home country, but it may not necessarily be valid in your current country of residence. In countries where Sharia Law is applied, such as the UAE, the absence of a will may mean your wealth is passed on in line with Sharia Law rather than your personal wishes.
This could result in a long and lengthy period of time when your loved ones are left without access to your wealth, and in some instances, bank accounts can be frozen for months. All of this can be prevented by making sure you have a will set up in the right jurisdiction, and we can help you do just that.
D Lewisham
London - UK
We approached Skybound Wealth for financial advice when making the move back from Italy to Australia. We dealt with Kieran Tween who was excellent, very responsive and patient, really listened to our needs and spent as much time as we needed to get comfortable with all the options. Due to factors beyond our control we couldn’t proceed at this time but I wouldn’t hesitate to recommend Kieran to anyone looking for financial advice particularly retirement planning.
Esther M Watts
Geneva - Switzerland (ARIF)
I am not a finance expert by any stretch of the imagination. I am a UK citizen working overseas in the Non-Profit sector. Christopher Bowler of Skybound Wealth Management has supported me over the last month. I came to Chris having had a terrible experience with another Independent Financial Advisor who was at best disingenuous and worst untruthful. Chris has been patient, explaining things thoroughly in laypersons terms. He has been super efficient in supporting me to get out of a poor investment situation and into a more cost efficient choice. He has been fully transparent regarding fee structures and costs. I would highly recommend Christopher Bowler to support you in understanding your current situation and advising you on future improvements to help secure the financial future you need/desire.
Hulya Kurt
Geneva - Switzerland (ARIF)
Taylor Condon, made it very easy for me with all the paperwork that needed to be signed and sealed. She is instrumental for all my financial matters. She can explain everything in a simple and understandable way. She did and is accompanying me, like a real partner, genuinely guiding me throughout my financial journey. I trust her and Skybound Wealth 100%.
We combine our expertise with our unparalleled level of service to ensure you receive the financial support you need. Specialising in an extensive range of sectors, from concise repatriation plans to bespoke pension reviews, we empower our people to excel as we work together to stay at the forefront of international financial planning and lead its evolution.
With extensive knowledge and expertise honed over more than two decades in the financial industry, our team is exceptionally well-equipped to handle even the most complex financial matters.
Do you need more information about our financial services? Feel free to browse through the latest news and advice for our expats including blogs, articles and more!
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The biggest investment we make isn’t into a single stock or share, it’s our commitment to helping you realise the future you deserve .
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