Private Wealth
We have extensive experience supporting clients with a wide range of crossborder private wealth matters, including international tax payments, estate planning, and multicurrency accounts for trusts.
Recommended by leading lawyers, financial advisors, and tax professionals, our services provide efficient, cost-effective solutions to manage these needs, offering clients greater control over their funds.
Tax Payments
Income planning is vital for maintaining financial stability and building long-term growth. It helps you prepare for uncertainties, manage market volatility, and fully utilise your savings and investments.
We are trusted by advisors globally, to support their clients with tax payments, as this reduces the common headaches when trying to arrange these with international banks and ensuring that deadlines are met and the payment is managed cost-effectively.
Our service also supports clients receiving tax rebate payments. Since tax authorities often issue cheques that are dif cult to deposit locally, we help mitigate this issue by providing local currency accounts, which can be used as the nominated account for payments.
The most frequent tax payments we support to tax authorities are payments to the Internal Revenue Service (IRS) in the United States and HM Revenue & Customs( HMRC) in the United Kingdom.
Common Tax payments we support:
Client residing outside of the United States with a Tax liability due to the IRS.
Client residing outside of the United States, receiving a tax rebate from the IRS.
Client residing in the UK, who has to pay HMRC using offshore funds.
An Offshore Trust, or Estate, which has a Tax liability with the IRS, or alternative international tax authority.
For more information on how we can help, feel free to get in touch:
Contact us
Important US Tax Dates
FOREIGN NON-GRANTOR TRUSTS
Annual FATCA Report Deadline
FOREIGN GRANTOR TRUSTS
Annual FATCA Report Deadline
US INDIVIDUALS RESIDING INSIDE US
US Tax Reporting Deadline for US Persons Residing Inside the US
FOREIGN NON-GRANTOR TRUSTS
Annual US Tax Filing Deadlines - For Trust and US Beneficiaries
US DOMESTIC TRUSTS
Annual US Tax Return Filing Deadline For US Domestic Trusts
US INDIVIDUALS RESIDING OUTSIDE US
US Tax Reporting Deadline for US Persons Residing Outside the US
FOREIGN NON-GRANTOR TRUSTS
Annual US Tax Filing Deadlines - For Foreign Trusts and US Beneficiaries
FOREIGN GRANTOR TRUSTS
Form 3520-A: Final Extended Filing Deadline for Annual Return for Foreign Grantor Trusts
US DOMESTIC TRUSTS
Annual US Tax Return Final Extended Filing Deadline For US Domestic Trusts
US INDIVIDUALS RESIDING INSIDE US
Final Extended US Tax Reporting Deadline for US Persons Residing Inside the US
US INDIVIDUALS RESIDING OUTSIDE US
Extended US Tax Reporting Deadline for US Persons Residing Outside the US
FOREIGN NON-GRANTOR TRUSTS
Final Extended Annual US Tax Filing Deadlines - For Trust and US Beneficiaries
US INDIVIDUALS RESIDING OUTSIDE US
Final Extended Annual US Tax Filing Deadlines - For Trust and US Beneficiaries
Trusts
Did you know?
Trusts aren’t just for asset protection – they can also be used to efficiently manage international wealth, minimise estate taxes, and simplify the transfer of assets across borders, providing peace of mind for clients with global interests.
Opening a bank account for a trust is essential for separating trust assets from personal funds. It helps ensure proper management, transparency, and legal compliance. The account allows the trustee to efficiently handle distributions and track income and expenses, providing protection and clarity.
However, the process can be lengthy, and in the UK, options are limited. For example, Metro Bank offers trust accounts, but they come with high and extensive fee schedules, whilst the application and onboarding process can often take months.
We can provide an accoutn to support UK and offshore trusts, which adheres to the guidelines set out by the Solicitors Regulation Authority (SRA) Account Rules, as funds are held with FCA regulated institutions and fully safeguarded with UK Tier 1 Banks.
Benefits of Fiber when managing Trust
Multicurrency account in the name of the Trust
Funds are safeguarded by our FCA-regulated partners
Low payment fees and highly competitive exchange rates
Quick, efficient onboarding
Multiple user management
Full reporting capabilities
Common Trust requirements we support:
Repatriating overseas assets to a UK trust
UK based trust with overseas trustees
Overseas, or Offshore trust transferring assets internationally
Overseas, or Offshore trust with international trustees
For more information on how we can help, feel free to get in touch:
Contact usEstate Planning
Establishing a bank account for estate planning is important for managing and protecting assets during the distribution process.
An account for an estate is needed to separate the deceased's funds from personal accounts, ensuring clear nancial management and compliance with legal requirements.
This account allows an executor to ef ciently pay debts, taxes, and distribute assets according to the will, offering transparency and simplifying the estate settlement process.
Setting up an estate account with traditional banks can be challenging due to extensive paperwork, including death certi cates, probate documents, and proof of executor authority. This can often lead to a lengthy onboarding process and often carries high fees, making it dif cult for executors to manage time-sensitive matters ef ciently.
Benefits of Fiber when managing Estate Planning:
Clear separation of estate assets from personal funds, ensuring proper management.
Legal compliance and reporting for estate settlements and distributions.
A dedicated account for paying debts, taxes, and making distributions, simplifying the process.
Increased transparency in managing estate finances.
Multicurrency account in the name of the Estate
Funds are safeguarded by our FCA-regulated partners
Low payment fees and highly competitive exchange rates
Quick, efficient onboarding
Multiple user management
For more information on how we can help, feel free to get in touch:
Contact us
Did you know?
Effective estate planning provides greater control over assets, ensuring a smooth transfer across borders while reducing costs and minimising the impact of estate taxes, even when managing multiple currencies.