Florida Law
Discover Florida's unique estate planning laws and how they may impact your family's legacy. Learn about homestead protections, probate rules, and more.
How does Florida's lack of state income tax affect estate planning?
Florida has no state income tax, which can make it an attractive state for estate planning purposes. This means beneficiaries typically won't pay state income tax on inherited assets like retirement accounts or investment income. However, federal estate taxes may still apply to larger estates, and other Florida-specific laws around homestead and probate should be considered when creating your estate plan.
