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florida tax laws: RE TAXES: Come to Florida to Live and Not Die - 06/08/10 03:00 PM

As the old saying goes, there are two things one cannot evade: death and taxes. While death is unavoidable, there is a way to avoid certain taxes.
Move to Florida.
When it comes to taxes and asset protection, Florida is one of our country's friendliest states. Florida has no, I repeat, no income tax. Florida does not have any estate or inheritance taxes (a rare state attraction, indeed), and the Sunshine State offers homestead exemption to homeowners. Homestead exemption shields the residence from probate (in most cases), exempts the property from creditor claims during owner's lifetime and after death, as … (0 comments)

 
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Julie Jones

Fort Lauderdale, FL

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