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Our blogs

Keep you informed to keep you ahead

Our blogs

Keep you informed to keep you ahead

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Our expat financial planning blogs

Our blog site is designed exclusively to inform on issues that relate to and impact expatriates around the globe.We cover a wealth of topics that include insurances - pensions - investments - estate planning and tax - all designed to keep you informed and up to date.

Three filters are provided to enable you to quickly find the information you seek - "Categories" - "Tags" & "Archive"

By subscribing to "Market Scope" you will also receive notifications of new blog posts as they are added.

Click here to sign-up now - its free and packed with information and ideas as to how best plan your financial well being.

If you would like to ask questions or discuss any issues that relate to any blog post we will be happy to address these with you.

Regards

CSM Ltd - Expat Financial Planning Blog Team

Blog Archive

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Estate planning for your digital assets

Digital assets are not nearly as easy to retrieve as physical assets

Further to an earlier blog post entitled 'Securing your digital assets' - another article , this time authored by the Drake University, takes the issue further.

What will happen to your Facebook account when you die?

What about all your photos shared on social media, your texts with loved ones, or documents on cloud-storage systems?

In just the two-year period from 2012 to 2014, humans produced more data than in all of human civilization before that – and the pace is only accelerating.

It’s not clear what people’s digital presences will look like in years to come, but it’s sure that an increasing number of people will be creating and accumulating growing reams of data until the day they die. But then what?

How to think internationally about wills

"Do you have a Will & is it up to date ?"


"Do you have a will, and is it up-to-date?" - Without a relevant will, it is difficult to plan clearly for life’s later events; and not even life’s self-confessed singletons are immune from such considerations.

It is a question we always ask, and we are surprised by the increasing regularity with which we come across a blank sheet or a will that is well past its sell-by-date.

The importance of a will

UK individuals without a valid will die intestate, which means the intestacy law will determine how and to whom the estate is distributed.

Interestingly, the assets do not always automatically go to the surviving spouse.

5 common mistakes UK expats make with domicile & tax

Misunderstandings persist around issues of domicile - IHT - Wills & tax

British expats still have some crucial misunderstandings about their domicile status and tax position that could leave them and their loved ones financially exposed and even land them in trouble with HM Revenue & Customs, warns Rachael Griffin at Old Mutual Wealth.

The research from Old Mutual International shows that a lack of knowledge can lead to unexpected consequences.

"Inheritance tax will be a concern for many UK expats and appropriate planning needs to be in place to mitigate any on-going liability.”

Securing Your Digital Assets

Securing digital assets is hugely important

You might think that dealing with an estate is a relatively straightforward matter, and in certain circumstances this can be the case.

However if you (or somebody else) is acting as an executors you ‘stand in the shoes’ of the deceased and are charged under the Will with the responsibility of distributing the estate assets and resolving any outstanding issues.

Have you ever thought how your executors and perhaps family or friends (if they are on hand to assist) would cope with your online accounts?

• Supermarket loyalty points
• Airline loyalty entitlements
• Online music
• Online photographs
• Online videos
• Facebook
• Twitter
• Linked In
• Online banking
• Online gambling / gaming

Celebrity Will Mistakes & Lessons We Should Learn

Very costly mistakes can easily be avoided with a correctly drafted Will

Emma Myers runs her expert eye over three celebrity wills which didn't work out as originally planned...

Celebrities may seem to have it all, but they are only human and can be just as likely to make mistakes as everyone else, especially when it comes to estate planning.

However, making a mistake with estate planning can have serious repercussions for our nearest and dearest, as these examples highlight.

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