Many retirees split their time between their northern homes and Florida’s warm beaches, especially in Sarasota and Bradenton. This seasonal lifestyle brings joy and creates special legal needs for estate planning. Having two homes in different states means you need two estate plans to protect your assets and family.
What makes snowbird estate planning different?
Living in two states means dealing with two sets of laws. Florida’s rules about homes, taxes and healthcare differ from northern states like New York or Michigan. Each state has its way of handling estates after someone passes away. Without the right plans, your family could face long court processes and extra costs in both states.
Why you need an estate plan for each state
Your property must follow the rules of the state where it sits. This affects more than just your homes. Here’s what you need to know:
- Each state has its own rules about who can make medical choices for you.
- State tax laws can affect how much money your family keeps.
- Court processes work differently in every state.
- Property laws vary widely between Florida and northern states.
Each state needs its own set of papers for healthcare choices, too. If you get sick up north, Florida papers might not work fast enough for doctors there. The same goes for getting sick while in Florida.
Create plans that work together
Your two estate plans must work as one team. A Florida estate planning lawyer can team up with a lawyer in your other state. Together, they’ll make sure your plans:
- Follow both states’ laws
- Protect all your assets
- Keep your healthcare wishes clear
- Help your family avoid court battles
Getting help from lawyers who know both states’ rules will save your family time and money later. They can build plans that protect you no matter which state you’re in when you need them most. Talk to an elder law attorney in both states to start your estate planning today.