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Category Archives: Florida Estate Planning

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Homestead Planning for Your Florida Property

Posted in Asset Protection, Estate Planning, Florida Estate Planning, Retirement Planning
Florida offers many advantages as a retirement haven compared to northern states (including no state income taxes and better weather). Another Florida feature (lesser-known but still quite important) is its homestead laws. “Homestead” can be a deceptively complex issue in snowbirds’ estate and tax planning when they finally become Florida residents, including asset protection, property tax savings, and restrictions on… Continue Reading

Florida Residency Planning for Kentuckians

Posted in Estate Planning, Florida Estate Planning, Income Tax Planning, Inheritance Tax Planning, Retirement Planning
If you are a Stites on Estates reader in a state where it’s cold in the winter, you have probably seen them: people who seem to live in your own neighborhood and golf at your club, but have a car with a Florida license plate. Who are those people? They’re the lucky ones: the Snowbirds… Continue Reading