Changing Your Residence
The Offices of Hodgson Russ LLP
The Guaranty Building, 140 Pearl Street, Buffalo, NY
Recent income tax increases have given many New Yorkers reason to consider changing their residence to a low- or no-tax state. New York’s estate tax, which can apply to estates in excess of $1 million, is 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 that New York respects a taxpayer’s change of residence.
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
- Income and Estate Tax Rules
- Statutory Residence
- Changing Your Domicile
- Getting New York to Respect Your Change of Residence
- Traps for the Unwary
- Questions and Answers
Speakers: Joseph N. Endres and Timothy P. Noonan
2 hours of CPE credit will be available. Registration and continental breakfast at 8 a.m.