Thread: Dual residency
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Bill McKee Bill McKee is offline
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First recorded activity by BoatBanter: Sep 2009
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Default Dual residency


"Steve B" wrote in message
...

"BAR" wrote in message
. ..
In article ,
says...

I have an interest to hold residency in two states. Where would I find
out
more about this?


Talk to a CPA from both states or talk to a tax attorney. Good luck and
let us know what happens in state and federal tax court.


I'm retired and everything is in trusts.


Everything in trusts does not mitigate taxes. Just preserves the exemption
of both spouses if married, and avoids paying an attorney 6% for probate. I
doubt any state will let you declare dual residency when they want money.
Some live near the border. Aquaintance lives near the Oregon and Idaho
border in Washington, since he retired. No state income tax, go across the
border to Oregon to shop and no sales tax, and a short drive to the daughter
in Idaho.