Anthony S. Park

• 40% of millennials feel homeownership is completely out of the question for them
• • 42% of millennials say they want to buy a home but just can’t afford it
  • 29% of millennials feel they will never be able to afford a down payment
  • 27% say the only way they will ever own a home is through inheritance
• Why so pessimistic?
• • 47% believe that buying a home now is a lot more difficult than it was 30 years ago
  • 49% have trouble just finding a job
• How desperate are Millenials to own a home?
• • 30% of millennials feel they have a better shot at landing a date with an A-list celebrity
  • 47% would never post on Instagram again
  • 29% would give up their iPhone, forever
  • 25% would go to jail for a week

My book “How to Buy Your Perfect First Home” available on Amazon

1. You’re assuming significant personal risk
2. It’s a major drain on your time
3. The heirs can make your life miserable
4. The pay is really bad

Read the post at https://anthonyspark.com/4-unexpected-hazards-of-being-an-executor

My book “How Probate Works” available on Amazon

1. You’re buying in a seller's market
2. You want to remodel your new home (or your old one)
3. You have kids
4. You’re downsizing
5. You’ve found a great deal, or your dream home
6. You can deal with moving only once
7. TIP: Can't carry two mortgages? Consider a bridge loan
8. TIP: Add a home-selling contingency to your contract

Read the post at https://www.realtor.com/advice/sell/times-to-buy-a-new-home-before-selling-the-old/

My book “How to Buy Your Perfect First Home” is available on Amazon

A Q&A podcast with Maureen Pritchard, estate planning attorney. Here are the listener questions Maureen answers:

1. "[Do I just] assign/designate guardians with separated responsibilities plus a will?"
2. "Is it better to have a trust where the insurance money gets deposited and designate the smarty cousin as trustee?"
3. "I assume i have to designate the trust as the beneficiary of the life insurance?"
4. "Does it matter whether it is irrevocable/revocable?"
5. "Can the trust be nearly empty the whole time?"
6. "Are there any other alternatives?"
7. "If the costs of setting up the different options can be vastly different, under what circumstances should someone choose the more expensive (and presumably more complex) option? And when does it not matter?"

My book “How Probate Works” available on Amazon

1. Change the locks
2. Check your outdoor lights
3. Test the smoke detectors
4. Find the water main shut-off valve
5. Get familiar with your circuit breaker box
6. Find the gas shut-off valve
7. Get contact info for your utility providers
8. Get the essential homeowner’s tools
9. Clean out the dryer hose
10. Change your air filters
11. Collect your closing documents
12. Update your budget

Read the post at https://anthonyspark.com/12-things-new-homeowners-should-do-asap

My book “How to Buy Your Perfect First Home” available on Amazon

1. When the Executor Fails to Preserve the Value of the Estate
2. When the Executor Appears Biased
3. When a Beneficiary Steals Estate Items
4. When Siblings at Odds Inherit a Piece of Property Together
5. When Co-Executors Disagree on How the Estate Should Be Administered

We talk about Cynthia Meason's (LinkedIn) post from https://www.gobankingrates.com/making-money/wealth/settle-inheritance-disputes/

My book “How Probate Works” available on Amazon

1. Former pension and retirement plans
2. Life insurance policies
3. Federal tax returns
4. State departments of taxation
5. Bank accounts
6. Unpaid back wages
7. Savings bonds
8. Bonus tip 1: Do not pay somebody to find money for you
9. Bonus tip 2: Arrive with the appropriate documentation and proof of your identity

Read Geoff Williams' (@geoffw or LinkedIn) post at https://money.usnews.com/money/personal-finance/saving-and-budgeting/articles/where-to-find-unclaimed-money

1. Waiting too long to prep your home for selling
2. Skipping the backup plan
3. Buying too big
4. Working with too little cushion
5. Failing to compromise
6. Using two different real estate agents
7. Closing on a Friday
8. or late in the afternoon

We talk about Jamie Wiebe's (@jamie__wiebe or LinkedIn) post from 

https://www.realtor.com/advice/buy/buying-and-selling-a-home-simultaneously-8-mistakes/ 

My book “How to Buy Your Perfect First Home” is available on Amazon

1. Choose a “trusted user”
2. Don’t rely on their Terms of Service
3. Name a Digital Fiduciary in your will
4. Make a list of your digital assets
5. Talk to an attorney

Read the post at https://anthonyspark.com/how-to-create-an-estate-plan-for-your-digital-assets

1. Familiarize yourself with the inheritance process
2. Know what you’re inheriting
3. Make a written plan for the money
4. Invest wisely

Read the post at https://anthonyspark.com/inheriting-money-do-these-5-things-first

Get my book “How to Buy Your Perfect First Home” available on Amazon