As warm weather returns to Michigan, so too do our State’s snow birds. While in Florida, some of you may have purchased assets or developed relationships with health care professionals. Others of you may have pondered moving to Florida full time or considered investing in Florida real estate. As such, Spring is the perfect time to evaluate your life at the other end of the I-75 corridor and ensure that your current estate plan protects your interests in the Sunshine State.
One important issue to consider is whether you have the appropriate Power of Attorney (POA) documents in place. Most of you likely have a Michigan Durable Power of Attorney and/or a Patient Advocate Designation. However, do you also have the Florida equivalents of these important documents?
Continue reading Estate Strategies: Michigan Snow Birds in Florida