View Full Version : Probate, Death Tax, Joint Tenancy.. HELP!


clarence
I've read before that when writing up a will, probate can be avoided. If I understand correctly, probate is expensive, timely, and unnecessary. But with a living trust, I run into the problem of the Death Tax! Furthermore, I know that all these taxes/laws vary by state, and I'm planning on relocating my family from San Diego to Tampa Bay soon.

This San Diego lawyer (http://www.walterstrustinfo.com/) has a lot of information about trusts for California residents, and this Florida attorney (http://www.floridaestateplanninglawyerblog.com/) deals with probate, etc. in Florida, but what if I'm moving from one state to another?

Does anyone know how the rules apply for those who are no longer a resident of one area, but not yet a resident of another?

"It's a recession when your neighbour loses his job: it's a depression when you lose yours."
-- Harry S. Truman

:confused:

clydewolf
Clarence,

In most situations, you are a resident of California until you become a resident of Florida. For example, your car is registered in CA and your bank accounts are in CA until you arrive and change these things to FL.

I am not a lawyer, so this is just a layman's take on your situation.

You may find this link worth while: http://www.retirementliving.com/RLstate1.html