RETIREMENT Planning
Selecting a retirement home is often a family decision shared between the individuals moving into the home and their children or grandchildren . This can be a stressful and sometimes overwhelming process . One of the keys to making this a less stressful experience is to talk about it early !
Often , the need for assisted living comes at a time that is already stressful for all parties and this leads to rushed decisions and limited time for research . By taking the time now to talk with your parents about plans for the future , you can eliminate this concern . Identify what is important to them in a retirement community . Discuss apprehensions and preferences . Take time to research options that will fit their desired lifestyle , possible future care requirements , budget and the like .
While life may throw you unexpected changes in the future , having a plan in place and knowing what all parties are expecting will make it easier to make decisions when the time comes . - Whoston Wray , Rhapsody Retirement Home , www . rhapsodyretirementhome . ca
COMMUNITY Spotlight
Every child needs a strong family and a supportive community to feel valued and safe . Since 1995 , Closer to Home Community Services has been providing communitybased intervention services to support over 60,000 vulnerable children , youth , and families who are experiencing mental health challenges , in need of parenting support and early childhood development knowledge , along with people seeking cultural identity and healing .
At Closer to Home , we know that strong , stable homes and relationships are critical to every family ’ s success and well-being . But not all families have a support network on which they can rely . Struggles may arise at any time from anywhere – from a long history of trauma to a temporary crisis . Jobs and homes can be lost in the chaos . Children ’ s lives and futures are compromised . Families need a community of support to stay together . That ’ s where we come in . And with your support , we can all be stronger together . - Closer To Home , www . closertohome . com .
TOP 5 TIPS FOR A MATURE MOVE
It is often overwhelming to even consider leaving your home as the accumulation of belongings and fond memories are strong anchors . We trust these tips will provide a starting point for conversations and actions .
LET YOUR FAMILY KNOW YOU ARE PREPARING TO MOVE . Encourage them to retrieve belongings stored in your home with a deadline for pick up and let them know any items left behind will get donated .
CONSIDER YOUR TIMELINE AND BE
REALISTIC about your needs now and in the future . The option to plan and not be forced by health circumstances is much less stressful .
CALL YOUR TRUSTED REAL ESTATE
PROFESSIONAL for a written Market Evaluation of your home . Realtors who specialize in the mature market have a network of resources to assist you in preparing your home for sale and will facilitate this process . Engaging professional organizers , handymen , gardeners , and other pros as required will ensure your property value is maximized and professionally marketed .
CONTACT WITH YOUR TAX PROFESSIONAL AND OR INVESTMENT
ADVISOR to discuss your expected net proceeds from the sale of your home ensuring any outstanding taxes or mortgages are paid out . Discuss how you want your next home to be incorporated into your estate planning if you are buying again . If you are planning to move to another locale or purchase a second home to live in part of the year , make sure you understand the tax implications domestically and at the other location . Many countries have enacted vacation home legislation , not just in BC .
A realtor who specializes in mature moves will be able to assist you locate various options for your next home , depending on your lifestyle goals and care needs into the future . - Shelly Smee , Integrity Real Estate Group , www . integritygrp . ca