When a Life Settlement is a Life Savior

Gary H. called about an existing $3 million insurance policy on his father. He was concerned about the continuing annual premiums of $20,000 in light of the fact that his father, who was about to turn 97, was in “amazingly good” health. He wanted to know if he should...

Where does your dog live? A case for Domicile

The link to the article in Bloomberg below reminded me of a client who wanted to change his Domicile to Florida but was having a hard time letting go of a cherished item from his previous place of residence (in a northern state). In his case, it was his resident-based...

Will the Tax Man Come Knocking?

It’s an unfortunate reality, but many of my clients come to me after the tax man has knocked on their door. They thought signing and filing a simple Declaration of Florida Domicile would be the only item necessary to prove legal intent and keep the tax man at...

4th Edition of Florida Domicile Handbook Released

Why are so many Americans moving to Florida? Florida domicile expert and author of The Florida Domicile Handbook: Vital Information for New Florida Residents, 4th Edition E. Michael Kilbourn says it’s because the Sunshine State doesn’t burden its residents with...

I was born in a small town

As we mature, our past seems to stretch further than our future. For this reason, possibly, is why we tend to reminisce so often and so vividly. My memories of yonder years seem to become more glorious and more important to my daily life every day. I was born in a...

Best Key Lime Recipe

For 10 years, I’ve allowed my editor and publicist, Mollie Page, to include her Key Lime pie recipe in The Florida Domicile Handbook. She kept insisting that it was the best IF made with fresh key lime juice. I have not heard any complaints or received any bills...