UK property loans

For expats living and working abroad, managing your finances across countries can feel like second nature. You’ve got your offshore bank accounts, you make the occasional transfer, and maybe you even hold funds in more than one currency.

Have you ever struggled to access your salary while docked in a new port? For yacht crew, banking isn’t just about getting paid – it’s about managing your money when you have a global lifestyle.

If you’re managing your finances across borders, you already know how challenging it is to stay ahead of volatile currency markets, shifting geopolitics, and fluctuating markets. These aren’t just theoretical risks – they’re part of your everyday financial reality.

If you live in a country with a weak currency, then you would probably see the sense in taking money offshore to store and invest in a major currency. The overriding benefit of this move is that your international buying power won’t be eroded because your currency is devaluing against the likes of the US dollar, pound sterling or euro.

Author: Michael-Pierre Giraud, Head of Fiduciary Services, Jersey

With incapacity issues on the rise, what can trustees do to mitigate against, and manage the impact of, a settlor or other key person's incapacity (and the possibility of undue influence) on existing and new trust structures? This article considers some scenarios that a trustee may face in this context along with guidance provided by case law and offers some practical suggestions.