By Chad Creveling, CFA and Peggy Creveling, CFA This article is for general information purposes only and is not intended as specific tax advice. Please consult your tax advisor for advice relevant to your situation. Americans who live overseas and who are married to foreigners can choose which filing status to use when filing their U.S. income taxes. Expats often don’t give much thought to this choice, which involves selecting either married filing jointly (MFJ)...
The Wall Street Journal invited Creveling & Creveling to be part of a panel of experts for personal finance on its WSJ Expat site. The following article originally appeared on the WSJ site and has been shared with permission. We asked Peggy and Chad Creveling of Asia-based Creveling & Creveling Private Wealth Advisory for the ultimate ITIN (U.S. Individual Tax Identification Number) primer for Nonresident Aliens (NRAs) or American expats with NRA spouses: What is...
By Peggy Creveling, CFA, and Chad Creveling, CFA Although it may not be common to have problems with a brokerage account, fraud and bankruptcies can and do happen. These types of issues may occur most frequently in the offshore world where regulators may not have a handle on money being channeled through tax havens, but they can also happen in larger or better-regulated markets. For example, in January, several foreign exchange brokers went bust when...
The Wall Street Journal invited Creveling & Creveling to be part of a panel of experts for personal finance on its WSJ Expat site. The following article originally appeared on the WSJ site and has been shared with permission. Caring for elderly parents is never easy, but it can be even more challenging for expats living far away from family members. Fortunately, technology and planning can make the task a bit easier. Here are a...
By Chad Creveling, CFA and Peggy Creveling, CFA The potential for higher-than-market yields coupled with full or partial principal protection offers a compelling combination of benefits for investors, especially in today's low interest rate environment. Catering to investors' need for security and desire for higher returns, private banks and other financial institutions in the offshore markets have jumped on the structured product bandwagon. Structured products come in all shape and sizes, but typically embed a...
By Peggy Creveling, CFA and Chad Creveling, CFA The U.S. S&P 500 reaches a fresh high; European interest rates fall to new lows. The talking heads on cable financial networks argue about asset price bubbles and the likelihood of a market correction. For expatriates trying to manage their long-term portfolios, the current environment may be unsettling. But when it comes to successful long-term investing, having a plan to deal with short-term uncertainty and market volatility...
The Wall Street Journal invited Creveling & Creveling to be part of a panel of experts for personal finance on its WSJ Expat site. The following article originally appeared on the WSJ site and has been shared with permission. We asked Peggy and Chad Creveling of Asia-based Creveling & Creveling Private Wealth Advisory how expat Americans can protect their personal finances and information from cybercriminals. Send your expat finance questions to
The Wall Street Journal invited Creveling & Creveling to be part of a panel of experts for personal finance on its WSJ Expat site. The following article originally appeared on the WSJ site and has been shared with permission. We asked Peggy and Chad Creveling of Asia-based Creveling & Creveling Private Wealth Advisory if U.S. expats who are married to non-resident alien spouses should file U.S. taxes jointly with their spouses, or file separately. Send...
The Wall Street Journal invited Creveling & Creveling to be part of a panel of experts for personal finance on its WSJ Expat site. The following article originally appeared on the WSJ site and has been shared with permission. We asked Peggy and Chad Creveling of Asia-based Creveling & Creveling Private Wealth Advisory to discuss the pros and cons of U.S. expats investing in variable annuities. Send your expat finance questions to
By Chad Creveling, CFA and Peggy Creveling, CFA With spiking volatility, toppy markets and memories of the 2008 financial crisis indelibly imprinted on investor psyches, it can be tempting to try to avoid market risk and hide out in the relative stability of cash or bonds. This can be a mistake, however, especially for those in or nearing retirement. As Craig L. Israelsen, PhD, points out in a study published in the recent Forbes magazine...
The Wall Street Journal invited Creveling & Creveling to be part of a panel of experts for personal finance on its WSJ Expat site. The following article originally appeared on the WSJ site and has been shared with permission. We asked Peggy and Chad Creveling of Asia-based Creveling & Creveling Private Wealth Advisory to help U.S. expats with non-resident alien spouses navigate the U.S. Social Security system. Send your expat finance questions to
By Peggy Creveling, CFA and Chad Creveling, CFA This article is for general information purposes only and is not intended as specific tax advice. Please consult your tax advisor for advice relevant to your situation. As 1099 forms from U.S. banks and brokerages roll in, many Americans living overseas are collecting the documents needed to file their 2014 U.S. taxes. Since there are a number of sometimes obscure tax forms that U.S. citizens living overseas...