Whether you’re 45 or 85, planning for the future can be the biggest gift you give to your family members, even while you’re still here to enjoy the present. According to a study by Caring.com, 40% of people surveyed did not have any estate planning in place because they “just haven’t gotten around to it.”
Beyond the obvious financial aspect of planning, one often overlooked piece of business is just what to do with your belongings once you have decided to transition to a smaller home, or are no longer here to enjoy them.
If you are considering downsizing, here are a few ideas that can be practiced now, as a “gift” to your family members and yourself, by lifting the burden from them – and you – down the road... Read the rest