Changing Your Residency
Registration and continental breakfast begin at 8:00 a.m.
Recent income tax increases have given many New Yorkers reason to consider changing the residency to a low- or no- tax state. New York’s estate tax, which can apply to estates in excess of $4 million, can be another reason New Yorkers often look to establish residence in states that do not impose a “death tax”. This program will discuss New York’s tax rules and the steps that must be taken to ensure the New York respect a taxpayer’s change in residence.
Topics will include:
• Income and Estate Tax Rules
• Statutory residence
• Changing Your Domicile
• Getting New York to respect Your Change in Residence
• Traps for the Unwary
Who Should Attend: Individuals with dual residences, non-New York residents, in-house tax counsel, accountants, tax managers, financial planners, insurance executives, and high net worth individuals.