Thread: Dual residency
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Steve B Steve B is offline
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First recorded activity by BoatBanter: Nov 2009
Posts: 86
Default Dual residency


"Bill McKee" wrote in message
...

"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.


I live 27 miles from the border.