When considering a move to a new state, clients are full of traditional concerns including moving costs, cost-of-living adjustments and the major life change of transitioning to a new set of personal and professional relationships. But overlooking the impacts on their current and legacy tax values could hurt their ability to meet retirement or legacy goals.
Working up a complete financial planning profile for clients moving out-of-state can be a great first line of defense. Some wealth management firms have planning software…
