Relocating to Florida? Here's How to NOT Screw It Up...

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  • Опубліковано 8 бер 2023
  • What You Need to Do When Moving to Florida…
    First things first, driver's license. You have to move your driver's license. If you're still in the system of your old state, it's really hard for you to go then, "Oh yeah, by the way, I moved. I never updated my driver's license. And oh yeah, I don't live there. I don't want to pay taxes anymore." That's probably the first thing you should do when you move here. Then along with that, your automobile registration. You want to get everything that ties you to that state severed and moved to Florida. Along that same line, voter registration. Those are some really basic ones.
    If you don't buy a house or move here and you're renting, you want to file a Declaration of Domicile. That's you basically sticking a flag in the proverbial ground there and saying, "This is where I live. I consider my Florida home my primary residence." This is super important; you can do it even if you purchase a home. You must also file a homestead exemption if you purchase a home here. This is because when it’s your primary residence, it will keep your real estate taxes from shooting through the roof every year. It's a super wonderful benefit of being a Florida resident.
    Moving along into some maybe a little bit more puzzling things that you might not think about. You need to update your estate plans. The estate rules change from state to state. You have to update it for the state that you currently live in. So if you move to Florida, you must update it to comply with the Florida rules. You want to establish that you moved your entire life, not just the state documents, but your entire life to Florida. Some of that is going to be reflected in things like doctors. You need a new local doctor, dentist, hair person, etc. Believe it or not, the state taxing authorities will look and see, "Okay, did you move to Florida? Oh, but you keep going back to New York because you like to get your nails done there or you like to get your hair done there. Your general doctor you’ve visited for 20 years is there”. Then you haven't really left. Your heart is still there, whereas the rest of you live here. Those are the basic, basic things. You can go and find crazier stuff to deal with.
    For example, if you live in Florida and are a Florida resident, you know you can get theme park tickets, especially for Florida residents. But the consequence is you don't get any resident benefits from your former state. Now you might go back to saying, "No, I moved. No, I really want to go fishing next summer in New York, so I have a fishing license for residents." No, no, no, you can't do that. You got to make sure you're severing everything. You have to look through your credit cards and bank statements and ensure that those things that tie you to your former state get severed. Again, this isn't a guarantee, but that’ll get you a lot of the way there to building that case for yourself for having moved correctly to Florida, and hopefully, you won't screw it up.
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КОМЕНТАРІ • 1

  • @jenniferhaag4695
    @jenniferhaag4695 5 місяців тому +1

    May I schedule time to speak with you. I am relocating but am in Florida but still looking for a place. I am in a Corp apartment so should I begin to change everything even know I don't have a perm place yet.