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New State Resident Form

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greetings and welcome to this week's edition of smart council for lunch i'm suzanne sayward a partner at the dedham massachusetts law firm of samuel sayword in baylor where we concentrate our practice in the areas of estate planning elder law estate and trust administration and probate so today i want to talk a little bit about establishing residency in another state for the purpose of reducing or eliminating the massachusetts estate tax as you may know massachusetts imposes an estate tax on the value of assets in excess of one million dollars when someone passes away if someone owns real estate in massachusetts there is an automatic lien against that property that is cleared by filing an estate tax return with the department of revenue paying the tax and obtaining and recording the lien release for individuals who want to reduce or eliminate their estate tax burden moving to a state where there is no estate tax is sometimes a good option florida has the advantage of ha

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