Moving From California To Nevada: What You Should Know About Residency, Income Tax, And Estate Planning

In California, we have so much at our fingertips: the ocean, the mountains, the desert, the city... It's part of the reason that California is, by a long shot, the most populous state in the nation (try 38.8 million residents as of 2014!).

Another huge upside is that we are close to Nevada! I may be partial (a Reno native and a Nevada lover at heart), but it is undeniable that the Silver State offers many benefits to both individuals and businesses that aren't available here in California. The biggest example? No state income tax! It's also noteworthy to mention cheaper housing, land values, and cost of living.

In January of this year David M. Grant, Esq. wrote an article that was featured in Nevada Lawyer (the Official Publication of the State Bar of Nevada). The article illustrated some pertinent benefits of moving to Nevada, as well a residency requirements. Don't get us wrong: we don't want you to leave us! But, as ELG serves individuals and businesses in both California and Nevada, Patrick and I felt that this article could be relevant for clients and prospective clients alike.

Let us know if you have any questions, comments, or feedback on the article (link below).

MOVING FROM SILVER TO GOLD: BECOMING A NEVADA RESIDENT By David M. Grant


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