Überseeisches Vermögen und grenzüberschreitende Nachlässe

Cross Border Succession, Taxation and Domicile Status

If you own assets abroad, the laws of that country may dictate who inherits these on your death rather than your UK will. We can advise as to whether a separate will may be needed to distribute assets outside the UK and which legal system will govern the distribution of your assets where there is a conflict between the laws in different countries.

We can also guide you on the tax implications of your residence and domicile status and in particular how UK inheritance tax would apply to your situation. We can explain the effect of spouses being domiciled in different jurisdictions and the steps that can be taken to make any elections that may need to be considered.