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Relocating Your Tax Home: A Guide to Changing State Domicile
Contributed by: Dale Shaw, CFP, RICP
In today’s increasingly mobile world, high-net-worth individuals often find themselves weighing the benefits of relocating to a state with more favorable tax laws. While the prospect of saving on state income taxes, property taxes, or estate taxes is appealing, changing your state domicile requires careful planning. This guide highlights the possible substantial…