Hurricanes, Displacement and the Effect on Domicile

Hurricanes Harvey and Irma have cut a devastating swath of large-scale destruction through both Texas and Florida over the past few weeks. While stories of tremendous courage and breath-taking heroism shed light on the more admirable qualities seen in human nature, the overall tale remains one of mass evacuations and terrible property loss. The fortunate few that were able to evacuate to winter or vacation homes may have avoided the worst of the storms, but those who fled to the safer harbors of Connecticut may have another problem: the Connecticut estate tax. The move, though intended to be temporary, may affect these individuals’ domicile planning for the purpose of estate taxes. For those in this situation, it is important to keep all pertinent records and to contact your estate-planning professional.

See Lisa P. Staron, Hurricanes, Displacement and the Effect on Domicile, The National Law Review, September 20, 2017.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.