There is a large population of retired or elderly seasonal residents who split their time between a northern residence and winter home in Florida. If you have clients that are among the many “snowbirds” who migrate to Florida each year to escape the cold, there are some important legal considerations when it comes to planning your estate which can help avoid some possibly stressful and costly scenarios for those whom you leave behind.
Many times when a snowbird passes away, that person’s assets are usually split between the two different locations which are governed by different sets of inheritance laws and tax codes. This program will help practitioners learn about unique considerations when administering the estates, how to save considerable time in probate, and at times, costly litigation that could have been otherwise avoided.Welcome and Introductions
New Developments and Classic Concepts: Ethics Changes in Context
Tim Chinaris, Esq., Nashville, TNTax and Estate Planning for Florida Snowbirds
Bruce Steiner, Esq., New York, NYIssue-Spotting for the New York Lawyer Whose Clients May Be Considering a Change in Domiciliary to Florida
Joanne Fanizza, Melville, NY