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The Florida Domicile Handbook: Vital Information for New Florida Residents: Third Edition, by H. Michael Kilbourn, Brad A.Galbraith
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The Florida Domicile Handbook: Vital Information for New Florida Residents, 3rd Edition, provides fresh insight into the significant advantages especially the financial advantages of becoming a domiciled resident of Florida. One of the biggest advantages to the book is its guidance on how to properly establish domicile in Florida. This is especially important given state deficits as many northern states are aggressively chasing former residents who claim to have changed their domicile to Florida, but have not done the subjective things to prove their intent. The book is also a great resource for information that would be valuable to anyone living part-time or seasonally in Florida. It spells out some of the key advantages to domiciling in Florida, such as the low property taxes, the Save Our Homes amendment to the Florida Constitution limiting the amount of reassessment on a Florida Homestead, the estate planning advantages, tips on how to shop for and finance a home in Florida, information on Florida education institutions, etc. The success of this book s first and second editions prompted the writing of a third edition in 2014, which includes updates for all the information in the previous editions with the addition of a special chapter titled Financial Planning for Florida Residents. This third edition also provides legal perspectives including questions and answers on financial planning and laws affecting new residents. There is also a new list of resources for education, healthcare, vehicles, and quick reference websites to state programs, medical initiatives and healthcare coverage options. Lead author, E. Michael Kilbourn, is a preeminent national authority on estate tax matters and expert on the complexities of Florida domicile. His co-author, Brad Galbraith, is a well-respected attorney who has been certified by the Florida Bar as a Specialist in Wills, Trusts, and Estates Law. Both men are Florida residents. If you are considering relocating or retiring to a state with no state taxes, no winter, a cap on your realty taxes and a lifestyle of leisure and high living, The Florida Domicile Handbook is the ultimate resource for making it happen.
- Sales Rank: #556125 in Books
- Published on: 2015-01-15
- Binding: Paperback
- 220 pages
Review
I promised my wife that, when we turned 65, we would retire and move to Naples. The Florida Domicile Handbook helped me keep that promise. --Neal Boortz, New York Times #1 Bestselling Author of The FairTax Book
About the Author
With over 32 years experience in the financial services industry, the last 21 of which have been dedicated to teaching his estate planning strategies to high-net worth families and fellow planners, E. Michael Kilbourn knows the intricacies of estate planning and the benefits of Florida domicile. The president of Kilbourn Associates in Naples, Florida, Mike is a Family Wealth Transfer Planning Specialist who enjoys taking the worry out of wealth and the mystery out of financial planning. Over the years, Mike has positioned himself as a leading national authority on estate tax matters and expert on the complexities of Florida domicile. His sophisticated estate planning abilities have produced remarkable results and secured the trust of hundreds of wealthy individuals and families. Mike is a decorated Vietnam veteran with five college degrees including four masters degrees, cum laude, and was inducted into Beta Gamma Sigma. Accredited with fourteen professional designations including Chartered Financial Consultant and Accredited Estate Planner, he is founder and chairman of the Wealth Protection Network®, a national network of estate planning professionals. In addition to authoring three editions of The Florida Domicile Handbook, Mike is also the author of Disinherit the IRS (Career Press 2003) and contributing author of Optimal Aging Manual (Optimal Aging, LLC, 2004), Giving Philanthropy for Everyone (Quantum Press, 2002), 21st Century Wealth: Essential Financial Planning Principles (Quantum Press, 2000) and Ways & Means: Maximize the Value of Your Retirement Savings (Esperti Peterson Institute, 1999). Brad A. Galbraith is a partner with Hahn, Loeser & Parks LLP in Naples, Florida, and co-partner-in-charge of the firm s Indianapolis office. His practice focuses exclusively on providing creative, cutting-edge estate, tax and business planning advice to business owners and other wealthy individuals. Brad is board certified in Wills, Trusts and Estates by the Florida Bar Association. Brad began his professional career as a Certified Public Accountant. After switching to the practice of law and seeing the ineffectiveness and inefficiency of traditional planning methods, he endeavored to find a better way to assist his clients with estate, tax and business planning. As an estate planning attorney, he developed a model designed to provide clients with comprehensive, personalized estate, tax and business succession plans that withstand the test of time. He maintains an Indiana CPA license and is a frequent presenter on estate and tax planning topics to CPAs and attorneys at conferences and continuing education events throughout the United States. Additionally, Brad is the coauthor of an extensive continuing education program for CPAs, which was published and distributed nationally. That program, titled Estate Planning for CPAs, has been presented to thousands of CPAs throughout the United States. Brad has been listed in FIVE STAR: Best in Client Satisfaction Wealth Managers in 2010. He is active in several national and local charitable and religious organizations as well as organizations that support the arts.
Most helpful customer reviews
3 of 3 people found the following review helpful.
A Must Buy
By Dr. Bob
Well written and easy to follow. Just what you need if you plan to homestead in Florida. One of my better purchases.
2 of 2 people found the following review helpful.
Highly recommended!
By Thomas R. Dussault
Wow. I almost didn't order this book because so many of this kind of book consists of cursory info that can be gotten through a Google search. Not the case here. A great book loaded with valuable information. If you are thinking or planning to move to the Sunshine State buy this book! (I do not know the authors or have anything to do with this book. ) i must say it is an enjoyable read. Worth the price. Enjoy Florida!
3 of 3 people found the following review helpful.
Five Stars
By Stephen L. Smith
Great book for anyone considering Florida as their home.
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