You are invited to this three-part series where individuals and their families will gain valuable knowledge and practical tools to navigate the downsizing process successfully. The series will empower participants to assist their family members with decluttering, address financial and legal aspects, engage quality professionals, and provide emotional support, ensuring a smooth transition to a smaller home or senior care facility.
Each session will be 90 minutes long with 2-3 expert speakers, a Q&A and open panel discussion with time for participants to ask questions, seek clarification, and share personal experiences, fostering an interactive and supportive environment.
Part 2: Financial and Legal Considerations, Wednesday Jan 24, 2024, 6:00-7:30
Speakers: Rachel Bernstein Sheikh, Christine Jensen, Fairway Independent Mortgage Reverse Mortgage Specialist & Desirèe DelFrari,Insurance Broker for Medicare
- Legal considerations: Discuss important legal matters related to downsizing, such as updating wills, powers of attorney, and healthcare directives.
- Financial planning for the future: Offer advice on managing finances, including downsizing-related expenses, retirement funds, and potential healthcare costs.
- Budgeting for downsizing: Help families understand the financial implications of downsizing, including costs associated with moving, new housing, and potential renovations.
- Assessing the value of possessions: Provide guidance on appraising items of value and options for selling or donating them.