Downsizing Your Home and Life Radio

Anthony Alosi has been working as a Senior Vice President at First American Financial for 28 years. First American Financial is part of the Insurance industry located in California.

In this episode we go deep talking about;

What is a 1031 Exchange and How It Can Benefit Real Estate InvestorsTax implications of a 1031 exchange and the difference between the purchase price, sales price, and taxable amount.The Timeline of a 1031 Exchange from Contract to Sale of Real EstateOvercoming Challenges When Executing a 1031 ExchangeWho Qualifies for a 1031 Exchange in Real Estate

Find Anthony Online at:

Phone: (949) 885-2436

Email: [email protected]

 

Contact us online at:

Phone: 1.800.240.6084

Email: [email protected]

Visit Anne Nouri at, www.TheDownsizingCoach.com for additional information and resources.

Joy Loverde is a leading consultant in the senior industry and a trusted advisor in aging and eldercare-related issues. The author of The Complete Eldercare Planner, Joy's work has been featured on Today, the CBS Early Show, NPR, and in USA Today and the Wall Street Journal. She lives in Chicago.

In this episode we go deep talking about;

Recognize that life transitions, including the process of growing old, can be manageable and not something to be feared or avoidedThe need to create a solid financial plan that takes into account your changing needs and circumstances.The significance of organizing all of your papers as you ageDownsizing process that allows you to focus on what truly matters, making this transition as smooth and stress-free as possible.The significance of life planning as you age, and why you need real estate and downsizing experts to assist you in this processRecognizing that caregiving never ends, but it can be challenging process at times

Books by Joy Loverde:

 Who Will Take Aare of Me When I'm OldThe Complete Elder Care Planner Book

Find Joy Online at:

Email: [email protected] 

Phone: 312-282-3714

Contact us online at:

Phone: 1.800.240.6084

Email: [email protected]

Visit Anne Nouri at, www.TheDownsizingCoach.com for additional information and resources.

Penny Worley is the President of Worley Auctioneers and Appraisers, a firm she founded in 1994 to use the auction method of marketing to guide businesses, banks, government agencies, estates and individuals through transitions. 

An auctioneer, appraiser and Realtor, she’s sold tens of millions of dollars in real and personal property. She specializes in asset recovery for businesses, banks and government agencies, and is an active member of the National Auctioneers Association (NAA), holding their prestigious Certified Auctioneers Institute (CAI) designation

In this episode, we go deep taking about:

The Advantages of Selling Real Estate through an AuctionImportance of Signing up with a Reputable Auctioneer and Things to Look Out forDealing with Out-of-Town Buyers Who Require ShippingThe Role of Sellers in an AuctionThe Auction Process and What it EntailsThe importance of obtaining a professional evaluation before deciding to part with your items

 

Find Penny online at:

Email; [email protected]

Phone; 513.774.9182

Website;Worley Auctioneers

 

Contact Information:

Phone: 1.800.240.6084

Email: [email protected]

Keller Williams McLean

Prime Auction Solutions

6820 Elm St

McLean Va 22101

Keller Williams Palm Beach

Prime Auction Solutions 

250 S Australian Ave.

Suite 1201

Weat Palm Beach FL 33401

Visit Anne Nouri at, www.TheDownsizingCoach.com for additional information and resources.

Our guest today is Lindsey B. Sarowitz, a Senior Trust Officer at Sandy Spring Trust, bringing more than 10 years of experience in estate planning, probate, and trust administration. She was previously a trust and estate attorney at a Bethesda, Maryland-based law firm, and she also teaches "Wills and Estates" and "Probate in Maryland" 

What we discuss in this episode today:

The defination of Estate planningSteps involved in estate planning from first to lastWhy estate planning is important to everyone, wealthy or not!What transpires in an estate planning if you have multiple children.How and why you should navigate Probate Ahead of Time What is power of attorney and why do you need one even if you're married?

 

Find Lindsey online at:

Email: [email protected]

website: Click Here

 

Visit Anne Nouri at, www.TheDownsizingCoach.com for additional information and resources.

Here's a guide to everything you need to know before making the move. One important aspect of preparing for a move to assisted living is downsizing and decluttering personal belongings. This can be a difficult process, but it's important to prioritize the items that will be most useful or meaningful in the new living space.

Here's everything we talk about in this episode;

What is assisted living and what are the services offered in the residencyThe difference between independent living, community living and a nursing facilityImportance of early preparations to someone moving into an assisted living residenceThe myths and misconceptions of people living in an assisted living residenceAdvantages of assisted living versus aging in your home

Find Jeanina DiVittorino online at;

Phone: 1-202-345-9665

Email: [email protected]

 

Book Recommendations:

Sky Above Clouds

Love's Way: Living Peacefully with Your Family as Your Parents Age

 

Visit Anne Nouri at, www.TheDownsizingCoach.com for additional information and resources.

Great conversation about, Enuff with the Stuff and Downsizing, Maria White & Anne Nouri. Questions discussed during this episode.

What are the advantages and disadvantages of working with family or a professional organizer to help with Downsizing?Where should they begin the Organizational part of Downsizing?

New home location & sizeTimeline ( New construction, 55+, 2nd Home)Emotional Aspect of each room and evaluationEvaluation of Items to keep, auction or donate?

Resources for Auctioneer & Appraiser (Anne)“I paid a lot for this item”Resources for Donations/RecyclingItems with outletsThrift stores, Medication, Recycling centers, RestorePickup organizations: Purple Heart/VetSet a date on your calendar for a pickup to help you move forwardCheck with fire dept/pharmacyMoving – Day of

Packing boxes/labeling/Digital ImagesTake out trash, strip bedUnpackingFirst box outSuitcaseJewelry, medication, documentsWhere can they find a professional?

Maria White is a member of the National Association of Productivity & Organizing Professionals (NAPO). She began her organizing business, Enuff With The Stuff, in  2007  in Northern Virginia and won Organizer of the Year in 2012 in her local WDC NAPO Chapter. Maria has a podcast called Organize Your Stuff and can be found on social media under the name Enuff With The Stuff.

Visit Anne Nouri at, www.TheDownsizingCoach.com for additional information and resources.

1. I have so much stuff, where should I start?    

2. What does “acid-free” and “archival quality” mean? Do I need to use it for preserving my images?

3. What should I do with all my books? Does anyone want them anymore?   

4. How do I organize my photos?

5. What should I do with my videos/cassette tapes/audio recordings/old films be saved?   

6. Should I donate my item(s) to a museum?

7. My kids don’t want my “stuff”, but I don’t want to throw it away. What can I do?

 

Visit Anne Nouri at, www.TheDownsizingCoach.com for additional information and resources.

Downsizing & Your Junk,  Brian Scudamore  Founder1-800-Got-Junk & Anne Nouri

Brian's view about DownsizingWhen is the best time during the downsizing process that a client should contact and to discuss junk removal?How should clients prep for the downsizing journey and collection of items?What sort of items can and cannot be removed by 1-800-Junk?What are common requests made by clients and what should be avoided during their downsizing journey?What does 1-800-Got-Junk do with the items collected?How do they handle Estates for family members?How can sellers simplify the downsizing process?

Brian Scudamore is a serial entrepreneur and passionate people-person. Known for pioneering the professional junk hauling industry with 1-800-GOT-JUNK?, Brian started out as a scrappy kid in Vancouver, BC, with ambition and a big idea. Since then, he’s adapted the success of his first company to launch two additional brands in the painting, and home-detailing industries, with WOW 1 DAY PAINTING, and Shack Shine. His companies have been in the limelight for decades, on shows including Oprah and CNBC. Brian is a regular contributor to Forbes, and his story has been featured in noteworthy publications nationwide. A strong believer in ongoing personal and professional development, Brian regularly attends programs at MIT.For inquiries, contact [email protected] 

VIsit Anne Nouri www.TheDownsizingCoach.com for additional information and resources.

Your Finances, Wealth & Downsizing, David Kassir & Anne Nouri

 

What does a home downsizing look like?

 

 

Is it better to Buy or Rent while considering Downsizing?  Which is a better method?

 

 

When is the right time to work with a Financial Advisor ?

 

 

"I would like to continue working, how will that affect my retirement"?

 

 

We are considering selling our home what are the right steps to Downsizing?

 

Are there are major tax considerations in Downsizing?

 

David D. Kassir, AAMS, CMFC  

With over 25 years of experience in private wealth management, David is dedicated to helping individuals meet their financial needs by developing investment plans and retirement plans around their long-term goals and risk tolerance. His extensive experience – throughout major shifts in the markets – enables him to help clients structure a  balanced portfolio to address their specific financial goals..

 

David D. Kassir, AAMS, CMFC      Managing Director - Private Wealth Management.      [email protected]

 

Contact: [email protected] or visit  www.TheDownsizingCoach.com

How to appraise & determine value for all that "STUFF," Megan Mahn Miller MPPA & Ane Nouri, Appraisers discuss best practices and challenges for determing the value of personal assets and collections, as well as qualificationss for hiring the right professional.

Discussion Topics:

1.What does an appraiser do?

Value assets for: estates, insurance, asset separation, business liquidation…

2.People tell me they are confused about value.  How can one item have multiple values?

Value Catagories (Fair Market Value, Market Value, Retail Replacement value, partial loss value). 

3.What should people look for in an appraiser?

ChecklistUSPAP

4.What if I just want to know what my item is worth?

Why you may not need a full appraisalUsually looking to sell if the item has valueTalk to an auctioneer who specializes in those assets

5.What are resources for people who want to research what their property is worth

Price, Cost, ValueEbay and other platforms  

Megan Mahn Miller is an appraisal expert specializing in celebrity and rock n roll memorabilia, as well as unique difficult-to-value items. Her work includes valuing assets and consultation with celebrities, institutions, and heirs throughout the United States. Learn more about Megan Mahn Miller and Mahn Miller Collective, Inc. at www.mahnmiller.com.