Anthony S. Park

Anthony S. Park

By Anthony ParkBusinessInvestingCareers
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Anthony S. Park episodes

  • E38 5 Genius Tactics Real Estate Agents Use When They Buy Their Own Homes
    Summary
    1. I was first in line
    2. I took my sweet time
    3. I house-hunt in the fall and winter
    4. I delivered my offer in person
    5. I followed up with a stubborn seller until he caved
    Links

    https://www.realtor.com/advice/buy/secrets-real-estate-agents-use-when-they-buy-their-own-homes/

    Original post by Cathie Ericson (@CathieEricson or LinkedIn)

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

    9 min
  • E37 5 Reasons It's Time To Update Your Estate Plan
    Summary
    1. You moved to another state
    2. The objects of your affection change
    3. Your assets or liabilities change
    4. Your qualified retirement plan is outdated.
    5. Executors or trustees become inappropriate
    Links

    https://www.forbes.com/sites/bobcarlson/2018/12/02/7-reasons-its-time-to-update-your-estate-plan

    Original post by Bob Carlson

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

    12 min
  • E36 How to Give Your Home to Your Children Tax-Free
    Summary
    1. For each option, think about these taxes
      1. Parents’ capital gains tax
        1. How capital gains works
        2. $250k exemption
        3. Free step-up in basis
      2. Child’s capital gains tax
      3. Child’s income tax (deductibility of housing costs)
      4. Parents’ gift tax and estate tax
      1. Stay put
      2. Outright gift
      3. Sale for a bargain price
      4. Full-price sale with seller financing
      5. What if you want to live in your home?
    2. Options
    Links

    https://www.marketwatch.com/story/how-to-give-your-home-to-your-children-tax-free-2015-02-23

    Original post by Bill Bischoff

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

    21 min
  • E35 Top Questions to Ask During an Open House
    Summary
    1. Why are the sellers moving?
    2. How long has the home been on the market?
    3. What school district are we in?
    4. Are there any offers on the table?
    5. May I have a Seller’s Property Disclosure?
    Links

    https://freshome.com/open-house-questions/

    Original post by Tara Mastroeni (@TaraMastroeni or LinkedIn)

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

    10 min
  • E34 4 Tips for Writing a Will Your Heirs Won't Fight Over
    Summary
    1. Name the right executor
    2. Include personal property
    3. Don't tie up the money for too long
    4. Explain any unequal bequests
    Links

    https://www.dallasnews.com/business/personal-finance/2018/09/25/4-tips-writing-will-heirs-wont-fight

    Original post by Liz Weston (@lizweston or LinkedIn) from @NerdWallet

    17 min
  • E32 5 Ways Homebuyers Will React to 5% Mortgage Rates
    Summary
    1. Adjust the criteria
    2. Pick up the pace
    3. Slow things down
    4. Call it quits
    5. Stay the course
    Links

    https://www.nationalmortgagenews.com/slideshow/5-ways-homebuyers-will-react-to-average-mortgage-rates-hitting-5

    Original post by Elina Tarkazikis (@ElinaTark, on LinkedIn)

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

    10 min
  • E31 Stan Lee’s Tangled Web of Estate Planning
    Summary
    1. How are we going to organize and simplify my assets?
    2. What sorts of accounts and trusts will we use and how will they be managed?
    3. How will you work with my trusted contact, while I’m well, and after I’m sick or deceased? (And for those unsure, how can I pick the right trusted contact, such as a family member or professional?)
    4. How do you determine cognitive decline in an individual? And what practice would you take if you thought my ability to answer questions and manage my funds was diminished? What would you do once you’ve made this determination?
    5. How else do you practice checks and balances during the financial planning or estate planning process, and during the monitoring of my assets?
    6. How often will we review beneficiary agreements and estate planning documents?
    7. Do you work with a team of professionals, and in what capacity? How often will I work with them too?
    8. Should we ever include my family members or other beneficiaries in our conversations, and when?
    9. Do you have any references I could speak with?
    Links

    https://www.marketwatch.com/story/stan-lees-tangled-web-of-estate-planning-and-how-to-avoid-this-mess-2018-11-14

    Original post by Alessandra Malito (@malito_ali)

    20 min
  • E30 How to Buy a House in Your 20s
    Summary
    1. Save for a down payment
    2. Shore up student loan debt
    3. Check your credit score
    4. Purchase a starter home
    5. Plan for unexpected home expenses
    Links

    https://www.realtor.com/advice/buy/how-to-buy-a-house-in-your-20s/

    Original post by Daniel Bortz (@DanielBortz, on LinkedIn)

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

    12 min
  • E29 19 Celebrity Wills That Made History With Their Demands
    Summary
    1. William Shakespeare
    2. Leona Helmsley
    3. Charles Dickens
    4. Harry Houdini
    5. Napoleon Bonaparte
    6. Gene Roddenberry
    7. Phillip Seymour Hoffman
    8. John B. Kelly
    9. Eleanor E. Ritchey
    10. Fred Baur
    11. William Randolph Hearst
    12. Dusty Springfield
    13. Tupac Shakur
    14. Mickey Rooney
    15. Jeremy Bentham
    16. George Bernard Shaw
    17. Ed Headrick
    18. Mark Gruenwald
    19. Benjamin Franklin
    Links

    http://moneyversed.com/celebrities-strange-wills/

    20 min

About Anthony S. Park

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Anthony S. Park is a professional executor for solo agers, probate real estate, and bitcoin.