What do the terms “Grantor,” “Settlor,” and “Donor” mean?
These terms mean the same thing and are interchangeable. They are the words attorneys use for the person who creates a trust agreement. 24.   How do I establish a Florida domicile? It is important to remember: An individual might be a resident in many states, but he/she can only have a domicile in one state. The distinction is very important. There are several steps that a new resident should take, the more the better: – Go to the courthouse and sign a “declaration of domicile” which states that, under oath, you now consider yourself a Florida resident. – Register to vote (and then actually vote whenever you can). – Change your driver’s license and auto tags. – File federal income tax returns in the Atlanta, Georgia IRS office. – Execute a new will and/or trust declaring a Florida domicile. – Minimize financial contacts in other states by transferring as much as possible to Florida bank accounts, safe deposit box, stock brokerage accounts, and IRAs. – Maximize social, civic, and fr
