How to Establish Domicile

Factor in taxes if you’re relocating to another state in retirement

Are you considering a move to another state when you retire? Perhaps you want to relocate to an area where your loved ones live or where the weather is more pleasant. But while you’re thinking about how many square feet you’ll need in a retirement home, don’t forget to factor in state and local taxes. […]

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Thinking about moving to another state in retirement? Don’t forget about taxes

Estate Tax, Federal Taxes, Income Tax, Individual Income Tax, Personal Residence, Retirement, Sales Tax, State Tax, Tax, Tax Planning, Tax Savings, Vacation Rental / Douglas Freeman

When you retire, you may consider moving to another state — say, for the weather or to be closer to your loved ones. Don’t forget to factor state and local taxes into the equation. Establishing residency for state tax purposes may be more complicated than it initially appears to be. Identify all applicable taxes. It

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