Book Guides New Florida Residents to Domicile Status

Why do over 1,000 people move to Florida each day? FDH3coverFlorida domicile expert and author of The Florida Domicile Handbook: Vital Information for New Florida Residents, 3rd Edition E. Michael Kilbourn says it’s because the Sunshine State doesn’t burden its residents with mountains of confiscatory taxes. In the third edition of this popular book, published by Brendan Kelly Publishing (January 2015), Kilbourn and co-author Brad Galbraith, CPA, Esq., discuss the steps and activity new residents can take to prove Florida domicile intent and build a strong case in anticipation of possibly being pursued for taxes by their former state of residence.

“Now that the recession is behind us and the housing market is on the mend, we’re seeing a resurgence in migration to Florida again,” said Kilbourn, who also wrote Disinherit the IRS: Don’t Die Until You’ve Read this Book (Brendan Kelly Publishing 2014). Kilbourn spends the winter months giving free public seminars about the benefits of Florida domicile with Galbraith and other members of the Wealth Protection Network™. “Many part-time Florida residents have read or heard about Florida domicile, but are not sure if it applies to them or not. This book helps people decide whether Florida domicile is to their benefit and then provides the most current resources to get the process done as efficiently as possible.”

Updated for 2015, the book includes new information for Florida businesses, new resources for Florida students, and retirement planning strategies for the newly domiciled. The 250+-page guide also includes updated Florida facts, demographic data, geographic points of interest, web links and sample forms.

After contributing or authoring several books on financial planning including Giving—Philanthropy for Everyone (Quantum Press 2002) and 21st Century Wealth: Essential Financial Planning Principles (Quantum Press 2000), Kilbourn published the first edition of The Florida Domicile Handbook in 2009. A second and longer edition followed in 2011, and the new third is the most complete of all three. Essentially, the book is a comprehensive collection of facts and information on how to live comfortably and thrive financially in the great sunshine state. The book is available at www.brendankellypublishing.com, www.floridadomicilehandbook.com, www.Amazon.com, and will be available through major booksellers across the country in the coming months.

“Making Florida your legal domicile can have a significantly positive impact on your financial future,” states Kilbourn. “A perfect example of how Florida rewards its residents can be found in its constitution, wherein it prevents imposing a state income and state estate tax. This allows domiciled residents to save more for retirement, give more to charity, and invest in ideas that grow their savings.” Kilbourn guides high net-worth families through the maze of estate planning and said, “The book covers topics that new and potential residents need to know such as Florida taxes, domicile, estate planning, home purchase, healthcare and insurance.”

Mr. Kilbourn is the president of Kilbourn Associates and has over 40 years of experience in the financial services industry. Mr. Kilbourn is an experienced author, former college instructor, and a leading national authority on estate tax matters. Co-author Brad A. Galbraith is a partner at Hahn, Loeser & Parks, LLC. Mr. Galbraith is board certified in Wills, Trusts and Estates by the Florida Bar Association and was named a Florida Super Lawyer. The Florida Domicile Handbook, 3rd Edition is $19.95 + tax and shipping. Discover more at www.floridadomicilehandbook.com.