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 buyers of a second home in Florida face is whether or not to establish residency in Florida.
The Bristol Press covers this issue in a column titled, Should “snowbirds” change state residency? Although this article is written by a Connecticut attorney referring to Connecticut laws, the main themes [...]
The Southwest Florida region is home to some of the finest active adult communities in the country. These communities cater to 55+ active adults and are great alternative for those relocating to the area. One of the key issues for many is the ease at which they can make new friends with others [...]