Welcome

For a long time economists formulated their theories on the assumption that investors behave rationally and make explicable decisions. In fact, this belief helped underpin the very notion of the Efficient Market Hypothesis; a theory developed by Eugene Fama (University of Chicago) and Ken French (MIT), which states that share prices reflect all information which is readily available

Nowadays, even the proponents of EMH know that randomness and irrationality are constant features of investor behaviour, if not the market as a whole. However, such behaviours are likely to prove detrimental to an investors’ long-term financial goals and are precisely why a wealth manager or financial advisor should be considered as an essential part of the investing journey. Professional advice brings discipline and guards against the kind of irrational and emotionally-motivated investment decisions that have the ability to undermine even the best-laid plans.

Recent news reports across the US suggest that over the next three decades $36 trillion worth of assets is expected to be passed on to heirs in the country. And with around two in every ten households having received an inheritance in the past thirty years, it seems that succession and legacy gifting is still a major source of financial security for many. *

Here we take a look at some key issues on the subject of inheritance and estate planning for expats in the USA.