Protecting family wealth & managing the impact of taxes has long been a priority for families, regardless of net worth. An increasingly desirable way for residents of high-tax states looking to reduce their total tax liability is to change domicile to a low-tax or no-tax state. BNY Mellon Wealth Management invites you attend a virtual discussion highlighting key tax and estate considerations to keep top-of-mind when thinking about moving one’s residency to a tax-favorable state. These include meeting state and federal requirements to confirm one’s newly domiciled property status, misconceptions about the ease of changing domicile from one state to another, and the awareness of pitfalls critical to avoiding undesired consequences.