Elder Law: “Downsizing? Three Things to Consider”

My clients are often considering a change in their living arrangements. Many consider some sort of Assisted Living situation while others still want to remain in their own home – just a smaller, less expensive, and more manageable home.  These are the people to whom this entry is directed.

The article on downsizing from nextavenue made me think of my clients and how often they are surprised (understandably so!) by how wrong some of their assumptions are once they actually start the process of finding a more manageable home.  As simple as the article’s three steps are, I believe they could make your search for your own smaller place much more successful and with fewer surprises.

Summary:

1. The process of finding a place takes longer than you think – be patient and take your time!
2. The “downsizing” part could and probably should extend to many areas of your life, not just the walls and the rooms – take advantage of the process.
3. Be sure to do the math on your overall and your monthly expenses/savings in order to avoid some financial surprises when assumptions turn out to be incorrect.

Here’s a link to the article:

Downsizing Article 

ALL READERS:    This blog is not, nor shall it be deemed to be, legal advice or counsel. This blog does not create an attorney-client relationship with any reader.  It is designed to encourage thoughtful consideration of important legal issues with the expectation that readers will seek professional advice from a licensed attorney.

bridget@decorolaw.com