US expatriate non-dom tax and estate planning
This matter involved advising a non-UK domiciled client who had expatriated from the US on trust and Will planning for his family, some of whom are still US citizens, including:
- Avoiding deemed domicile and becoming non-resident
- The establishment of a protected trust, taking into account the UK and US tax regimes
- The taxation of him as settlor, and members of the family as beneficiaries, in the light of the new non-domicile rules and, where relevant, continuing US status