July 24, 2025

GLMC Legal Featured in Fox Business: Understanding the Real Tax Savings of Moving to Florida

We’re proud to share that GLMC Legal was recently featured in Fox Business in an article titled, “How much can people save on taxes by moving to Florida?”, which explores the real financial impact of relocating to the Sunshine State.

In the article, GLMC Legal offers key insights into the tax advantages Florida offers—particularly its lack of a state income tax—and how this benefit attracts homeowners and retirees from across the country. However, our commentary goes beyond the headlines, providing a balanced perspective on the broader economic and legal implications of Governor Ron DeSantis’s proposal to eliminate property taxes.

We’re quoted several times throughout the article, analyzing:

  • The comparative savings new Florida residents may experience

  • Potential unintended consequences of removing property taxes

  • The practical realities of such policy changes for homeowners and local governments

At GLMC Legal, we pride ourselves on staying ahead of legislative changes and helping our clients navigate how these proposals may impact their long-term financial and legal planning.

To read the full article, visit Fox Business.

If you’re considering a move to Florida or have questions about how proposed tax changes might affect your estate or property planning, contact our office today.