Saturday, July 9, 2011

Forbes.com - Going, Going, Gone

Just going through a recent issue of Forbes magazine (which I am still getting for free).

Here is another article on helping get rid of (a lot) of stuff.  The examples they give include "downsizing, helping a parent move or handling an estate..."

The key points include the following:

  • Accept that downsizing is tough
  • Do your homework
  • Call in an appraiser
  • Be wary of family lore
  • Don't junk that Buck Rogers patch
  • Call in an auction house
  • Donate and deduct
  • Pass down some heirlooms as gifts
  • Consider capital gains
  • Reduce paperwork for your heirs


Read here for more details:
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