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2. Boomers are not moving out of their big homes. Here’s why - AOL

   www.aol.com/boomers-not-moving-big-homes...

   Here’s why. After 33 years and four children, Baby Boomers Marta and Octavian Dragos say they feel trapped in what was once their dream home in El Cerrito, California. Both over 70, the Dragos ...

3. Boomers Secure Generational Wealth by Transferring Property ...

   www.aol.com/real-estate-transfer-baby-boomers...

   The annual gift tax exclusion is $17,000 for 2023 — $18,000 for 2024. Anything over that is subject to taxation, but all but the wealthiest households will never pay it. For 2023, the IRS allows ...

4. Guide to downsizing your home - AOL

   www.aol.com/finance/guide-downsizing-home...

   Downsizing is the process of moving from a larger home to a smaller one, often one that costs less in upkeep. This might mean moving from a detached, single-family property to a condo or townhome ...

5. Downsizing (property) - Wikipedia

   en.wikipedia.org/wiki/Downsizing_(property)

   Many people downsizing from a larger property to a smaller one will find their current possessions, appliances and furnishings will be unable to fit in the new smaller home. Some people will find it especially difficult to accept the need to dispose of possessions, and this will cause some considerable anxiety. [5]

6. Estate sale - Wikipedia

   en.wikipedia.org/wiki/Estate_sale

   Estate sale. Newspaper announcement for a farmer's estate sale, 1918. An estate sale or estate liquidation is a sale or auction to dispose of a substantial portion of the materials owned by a person who is recently deceased or who must dispose of their personal property to facilitate a move. [1]

7. Estate liquidation - Wikipedia

   en.wikipedia.org/wiki/Estate_liquidation

   An estate liquidation is similar to an estate sale in that the main concern or goal is to liquidate the estate (home, garage, sheds and yard) with an estate sale organization [1] There is no government regulation of the industry. There is also no formal training for estate liquidators. [2] Estate liquidation of assets can be all-encompassing ...