Downsizing in Australia - Mark O'Shea | Page 22

DOWNSIZING IN AUSTRALIA • Sorting out your legal documentation and personal situation, including considering any tax implications • Looking at your downsizing options and choosing what suits you. Discussion The first step to downsizing is to discuss your feelings with your spouse or partner. (If you are single, then family and friends are a good start.) Agreeing to decide to downsize could be the most important step in the whole process. This sounds like very simple advice, but, in reality, some couples are not good at letting their feelings be known even to each other. 022