Every retiree should consider executing a durable power of attorney that can be activated in the event of a disability. This may avoid the necessity of a court-appointed guardian, conservator or committee.
Some retirees execute both a New York power of attorney and a Florida power of attorney.
It is anticipated that the New York power of attorney will be exercised with respect to New York assets and that the Florida power of attorney will be exercised with respect to assets in that state. This session describes the Florida durable power of attorney and contrasts it with its New York counterpart.