2023 Q3 Summer Well-Advised Newsletter
Is downsizing right for you? – We often recommend clients downsize prior to turning 80. While accessing the equity in your home is one part of the equation, it is actually the less impactful part. More importantly, moving while you’re still healthy enough to go through the extensive packing and planning that moving entails is critical. We can help you (or your parents) decide when the right time to downsize is for you.
What’s next for the family cabin? – The memories you have made here are priceless – but the capital gains liability that is accruing on your family vacation property most certainly is not! It is vitally important that proper planning is in place around how and when to transfer/sell this family asset – both for your family’s long-term wealth, and for family harmony. We have extensive experience in this space and can help you make the right decision at the right time.
Click on the link below to view the full Assante’s Summer Well-Advised Newsletter!