Quote:
Originally Posted by SteveFromNY
Whalen...congrats!
Mel, can you explain? I will be retiring shortly, and maintaining 2 homes - NY & FL. I expect to be 7 month in FL, the rest in NY. I will have FL plates, license, etc. What else do I need to do?
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Steve:
Basically you have to sever all ties to NYS. Bank and Brokerage accounts should be out of Fl. and make sure if you keep a house in NY you give up the STAR exemption. Obviously you have to change you voter registration and auto and drivers license.
BTW NYS will still consider you a resident even if you live out of state for 7 months, NYS may not agree with you, NYS requires a change in Domicile.
I did the research on google over a year ago so I don't have more details. But it is tricky enough that I will probably get advise from an Attorney in NY when time comes for us to change.