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I wouldn't change it unless some entity that is important (SS, IRS, etc) tells you that you must and gives you good reason.
This is what happened to me with my Bro's. I was his POA and Trustee, but he still got personal mail and was the full state away from me, so I had to arrange bills and etc to come to me for payment, what have you.
When my brother died I tried to do change of address from the facility to my house and they could not do it, as it would have meant (the postal service claimed) me getting all facility mail? I don't see how that would work, but that was Palm Springs for you! So the place forwarded his mail for a year. If there was anything after that, oh well, too bad.
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I'm thinking if you are the one who is handling his financial affairs, then leave things alone. He may start getting mail at the ALF and that would pose a bit of a situation. You need to have ONE address that is 'always available' for the person to receive mail.

The 7 years my YD and her hubby were finishing his medical training, our home address was the 'permanent' one that he could use if mail came that was sensitive, etc. Some I passed along to them in bulk form, some was just garbage.
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If you are the person who will be managing all his affairs, I don't think it matters until he needs to apply for Medicaid.

Are you his PoA or legal guardian?

Are you his representative payee for his SS benefit? If not, you will need to become this for him.

Not sure if it matters for Medicare...I just went on it recently so hoping others will know.

Do as much management as you can through any online portals (like banking, healthcare, etc) and set up auto-pay so you have less to think about (like mortgage, insurance, credit card or any other time-sensitive payments).
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