Barclay Damon
Barclay Damon
NEWS RELEASE

Marcy Robinson Dembs Published in Northern New York Community Foundation Newsletter

Marcy Robinson Dembs, Trusts & Estates Practice Area co-chair and partner, recently had her “Charitable Contributions a ‘Non-Factor’ in Donor Domicile” article published in the Northern New York Community Foundation Winter 2019 Newsletter.

“Can a donor make a contribution to a New York-based charity and not have it affect his or her legally declared “domicile” in another state? Absolutely! Clients frequently ask how they can effectuate the change of their “residence” from New York to another jurisdiction with a more friendly tax code. However, the change of “residence” is not really the issue. In order to avoid New York income and estate tax, a donor must change his or her “domicile.””

Read the full article here.