Michael is a US citizen, private equity MD in London, earning £1.25 million a year with $4.2 million of unvested carried interest. His wife Charlotte is British, owns an £8 million agency, and holds dual-citizen children between them. They have a Chelsea home, a Delaware family trust, a spider's web of US and UK filing obligations — and a marriage under serious strain.
Tax UK, US 20 May 2026
Married or Divorcing? US/UK Tax Planning for a Private Equity Professional in London
In this episode, David Bell is joined by David Foster, partner in EY's US/UK cross-border tax team, and Ed Johnson, wealth planning professional at W1M, to explore both sides of this scenario: optimised planning if the couple stay together, and the tax implications of a cross-border divorce settlement.
About the contributors
David Foster
Partner
EY Private Client Services
Ed Johnson
Associate Director
W1M
