Heading South: Changing Domicile to Reduce Your Taxes
Noon ET | 9 am PT
Individuals and businesses are increasingly relocating from the Northeast to Florida to reduce their taxes, a decision that requires careful planning and preparation. This presentation will review the opportunities and potential challenges that come with changing domicile.
Our program will evaluate the key questions to ask before making a move, such as:
· What are the major pitfalls?
· What is the difference between residency and domicile?
· What steps should be taken to establish domicile in Florida?
· What are the tax consequences?
Lillian Peters CFP®, CDFA®, CTFA, AIF®
Senior Client Advisor, PNC Wealth Management
John D. Dadakis, Partner, Fox Rothschild LLP