The Florida Domicile Handbook: Vital Information for New Florida Residents: Third Edition

The Florida Domicile Handbook: Vital Information for New Florida Residents, 3rd Edition, provides fresh insight into the significant advantages especially the financial advantages of becoming a domiciled resident of Florida. One of the biggest advantages to the book is its guidance on how to properly establish domicile in Florida. This is especially important given state deficits as many northern states are aggressively chasing former residents who claim to have changed their domicile to Florida, but have not done the subjective things to prove their intent. The book is also a great resource for information that would be valuable to anyone living part-time or seasonally in Florida. It spells out some of the key advantages to domiciling in Florida, such as the low property taxes, the Save Our Homes amendment to the Florida Constitution limiting the amount of reassessment on a Florida Homestead, the estate planning advantages, tips on how to shop for and finance a home in Florida, information on Florida education institutions, etc. The success of this book s first and second editions prompted the writing of a third edition in 2014, which includes updates for all the information in the previous editions with the addition of a special chapter titled Financial Planning for Florida Residents. This third edition also provides legal perspectives including questions and answers on financial planning and laws affecting new residents. There is also a new list of resources for education, healthcare, vehicles, and quick reference websites to state programs, medical initiatives and healthcare coverage options. Lead author, E. Michael Kilbourn, is a preeminent national authority on estate tax matters and expert on the complexities of Florida domicile. His co-author, Brad Galbraith, is a well-respected attorney who has been certified by the Florida Bar as a Specialist in Wills, Trusts, and Estates Law. Both men are Florida residents. If you are considering relocating or retiring to a state with no state taxes, no winter, a cap on your realty taxes and a lifestyle of leisure and high living, The Florida Domicile Handbook is the ultimate resource for making it happen.