We were residents of both Massachusetts and NH. We decided to sell up in Mass and move permanently to NH - it is a very poor State with no income tax revenue so everything is paid for through property taxes and sales tax. We had intended to live out our lives in NH and I attended many Elder Seminars and found out that NH death duties are brutal, we took out a Trust to cover our assets.
We purchased a home in Florida and saw an Elder Law expert here and found that Florida is much kinder to old people than NH. Our Attorney told us NH would have taken EVERYTHING we owned including our underwear(!) had we continued to live there. If we are forced through ill health to return to NH the first thing I would do is consult n Attorney.
It was suggested in an earlier post that you contact an Attorney specializing in Elder Law and that is exactly what you should do in order to find out what your obligations to NY are and what the benefits of Fl are.
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