Couple Sought Help Relocating Retiring Parents
Profile:
A couple had retired parents in another country, on another continent. Their goal was to determine if it was financially viable for the parents to move to the United States, which required a thorough evaluation of their financial status in both their home country and the United States.
Some of our most satisfied clients are knowledgeable and educated, but just don’t have time to do it all themselves. They want to know it’s being done right and then go on about their business.
Bradway Plan:
Our clients for almost a decade, a busy professional couple had confidence that they could outsource this project to Bradway and our broader team of experts. The list of considerations was long and included the comparison and re-establishment of financial life components such as:
- Health insurance
- Sale of their home, resulting assets and taxation
- U.S. tax system
- Eligibility for support services in the U.S.
- Immigration laws
- Currency conversion
- Cost of living comparisons
- Asset liquidity for continued needs, travel and gifting to children
Bradway engaged an array of professionals stateside that included immigration and estate planning attorneys, accountants and banking consultants. We also worked with three investment advisors from their native country to determine what would ultimately serve our clients best. Some of their investments we mutually agreed to keep in their home country because it was what was best for them.
Not long after helping the couple make the United States their new home, Bradway engaged two more of their children, both busy medical professionals residing in other states. They have been well served by Bradway’s ability to conduct their financial business for them during the business day, which allows them to focus on their careers.
