Tax Benefits of Florida Residency

Beyond the sunshine and warm weather, the tax benefits of a Florida residency can be substantial.  Everyone probably knows that Florida does not have state income taxes, but it is generaly less known that Florida estate taxes are more favorable than many other states. One of the questions that many snowbirds ponder is whether or not to establish residency in Florida.  Boca Raton Attorney Allan Lipman offers a free online audio domicile guide that covers the benefits of establishing residency in Florida.  Lipman is licensed in both Florida and New York and his 10 part free audio guide provides numerous comparisons of the tax handling for both states.  A good listen for anyone pondering an investment in Florida real estate.

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