Friday 1 November 2019

With move to Mar-a-Lago, Trump could use Florida real estate law to protect himself from creditors

In late September, President Trump and his wife Melania became the latest New Yorkers to relocate to Florida. The state has long been a refuge for business moguls, celebrities and athletes who are keen to protect their assets from looming threats. On the surface, Trump’s decision to move his permanent residence from Trump Tower to Mar-a-Lago appears to be motivated by the tax benefits he would reap. Because of a somewhat obscure state rule, the



source https://therealdeal.com/2019/11/01/with-move-to-mar-a-lago-trump-could-use-florida-real-estate-law-to-protect-himself-from-creditors/

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