Alternative Investment / Property Finance
Carlton Bonds
Fixed-rate investment supporting UK property lending and development finance for eligible experienced investors.
Area of expertise
Expatriate wealth
Clarity on the additional UK and overseas considerations facing internationally based clients and families.
Overview
Overview
Leaving the United Kingdom does not automatically remove an estate from the scope of UK Inheritance Tax. UK situated assets generally remain within scope, and an individual's wider connection to the UK can continue to matter for longer than clients expect.
Cross-border families frequently hold a mix of UK property, offshore arrangements, overseas pensions and assets in more than one legal jurisdiction. Succession outcomes depend on how those interact, not on any one of them in isolation.
Andrew's background across the UK life and pension market and offshore life companies based in the Isle of Man sits behind this work. [Specific jurisdictional rules, treaty positions and current statutory tests to be confirmed with the client's tax adviser.]
Considerations
What matters in practice
The points below are the ones that tend to decide outcomes, and the ones worth putting to any provider.
Scope of UK IHT
UK situated assets generally remain in scope regardless of where the owner is resident.
Domicile and connection
An individual's connection to the UK for tax purposes can persist after departure. [Current tests to be confirmed.]
Multiple jurisdictions
Two or more legal systems may claim a say in succession, sometimes with conflicting rules.
Wills and probate
A single will rarely deals cleanly with assets held across several countries.
Currency exposure
Assets and liabilities in different currencies introduce risk independent of investment performance.
Reporting obligations
Cross-border holdings often carry reporting requirements in more than one place.
Support
How New Walk helps
Support is practical and specific rather than promotional. The aim is that an adviser can explain a proposition, and their reasoning, without relying on the provider's marketing language.
Framing the UK-side questions clearly so overseas advisers can be briefed properly.
Retirement and succession planning input for advisers whose clients have cross-border complexity.
Identifying where specialist tax or legal advice is required rather than assumed
[Jurisdiction-specific guidance to be confirmed case by case.]
Related
Related specialist solutions
Propositions that relate to this area. Each is information only and is intended for eligible and experienced investors.
Inheritance Tax / Business Relief
Carlton Wealth Preservation
A specialist investment service for eligible investors considering Business Relief within inheritance tax plans.
New Walk Consulting works with a carefully selected group of specialist providers. The propositions shown are not ranked and no proposition is presented as more suitable than another. Suitability depends upon individual circumstances. Capital at risk — the value of specialist investments can fall as well as rise and investors may not get back the amount invested. Tax treatment depends upon individual circumstances and may change. These propositions are intended for eligible and experienced investors only.
Also relevant
Other areas of expertise
Most client situations touch more than one of these.
Inheritance Tax & Business Relief
Specialist solutions that help advisers and their clients plan for the transfer of wealth across generations.
Private Credit
Access to specialist opportunities in privately originated lending, arranged outside public credit markets.
Alternative investments
Carefully selected opportunities that sit outside mainstream listed markets and conventional fund ranges.
Talk it through with Andrew.
Enquiries come to Andrew directly. There is no obligation and no product pitch at the first conversation.
Important information
This page is information only and is not advice, a personal recommendation, or an offer or invitation to invest. Capital at risk. Tax treatment depends upon individual circumstances and the relevant legislation, which may change.