The process of preparing for and moving from a larger residence to a smaller one.
Home-owners who downsize have five choices for the proceeds they receive from the sale of their home. They may choose a combination of all five or only two to three. Very rarely will they choose only one. Here’s a breakdown of the five along with some thoughts on the one that will be very common throughout this decade.
Of all the ways of valuing our stuff, the strongest one is by emotion. Sure, financial and practical/useful measures are important when downsizing but if you run into roadblocks, look for the underlying emotions. Here are three, enduring emotions that may be overpowering or delaying your decluttering plan.
Grandchildren are a joy to grandparents. No wonder that retiring and downsizing can be a welcome change for grandparents wishing to spend more time with their grandchildren. This is one of the benefits we experienced after my wife retired and we downsized in 2014. Here are some of the ways we have been able to have more fun with our grandkids.
Anyone planning to downsize in the Greater Toronto Area (GTA), needs to keep current on the real estate market. The following video and matching graphs provide a fresh perspective on five key market measurements. The goal is to give you greater insight for your own decision making.
A major life-change such as downsizing often lead to an evaluation of your legal documents including your Will and Power(s) of Attorney. Today’s post features a podcast interview covering this topic with an excellent Wills & Estates lawyer based in Ontario, Canada. Listen to this audio recording, if you are curious about how this may apply to you.
Continue reading “Podcast #1 Interview with Wills & Estates Lawyer”
Downsizing Help 