Changing Your Residence

8:30 a.m.—10:15 a.m.
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

Topics:

• Income and Estate Tax Rules
• Statutory Residence
• Changing Your Domicile
• Getting New York to Respect Your Change of Residence
• Traps for the Unwary