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Reply to "Moving Residency for Tax Purposes - Anyone Done This?"
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[quote=Anonymous][quote=Anonymous]We have done it and maintained our northern residence to be near our children and grandchildren. You need to get a drivers license, voter registration, move your financial addresses, get local doctors etc. It saves on state income taxes and a big thing for us will be no estate taxes. I wouldn’t relocate to a low tax state just because of taxes. We’re retired and hate cold weather. [/quote] That's the thing, you have to actually like where you are relocating to. And want to live there part time. Otherwise, it's not worth it (IMO) [/quote]
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