If you’re seeking an improved quality of life, reduced cost of doing business, or decreased state taxes, you may be considering a residency transition. However, if you’re contributing a sizeable amount in income taxes, your state may make it difficult for you to leave.
In addition to knowing how to properly change your residency, it’s equally important to know the tax implications before making the move. Join us for an on-demand webcast addressing the following key questions to consider before moving to a new state:
- How do I establish residency?
- How do I determine the overall tax impact?
- What are the potential tax exposures and audit risks?
- What are the possible estate impacts, especially in our current low-interest rate and valuation environment?