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Florida is a leading destination for Rhode Islanders. Whether for a winter vacation, a second home, establishing domicile, or doing business, your client is likely to have significant contacts with Florida. One of the few states with no income, gift, or estate tax, Florida offers favorable creditor, homestead and Medicaid protections. Being aware of the differences in Florida law will provide a key to successfully advising Rhode Islanders, whether they are part time or full time residents.
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