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Dual residency
"Steve B" wrote in message ... "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. So get a 2nd house / shack in Nevada. Use that as your legal residence and the Utah house as a vacation home. |
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