When Charitable Donations Make Cents

When Charitable Donations Make Cents

When Charitable Donations Make Cents

True charity is something we do out of the kindness of our hearts. Whether it’s something you do every year for your favorite nonprofit or a spur-of-the-moment kind of thing, it’s always an altruistic act. To amend the famous saying, when life blesses you with an abundance of lemons, make lemonade and donate the proceeds to charity!

When a loved one passes away, we often choose to honor their spirit by donating in their name. Turning your personal loss into something that can benefit people in need is one of the most selfless acts possible. So, it makes “cents” that your kindness be rewarded with a deduction when this Tax Day rolls around!

A Few of Your Options

At Art of Downsizing, we believe that it’s a perfectly viable option to opt out of having an estate sale for your estate liquidation. If it works for your situation, donating all of your loved one’s items to charity can be a positive outcome for you and for those in need. We can also arrange to have unsold items left after the an estate sale donated for you. Talk to the experts at Art of Downsizing or your CPA to learn your options.

Downsizing is No Drudgery

Downsizing is No Drudgery

Downsizing is No Drudgery

What comes to your mind when you think of downsizing? There’s no denying it can be a daunting task. To some people it is loss, menial labor, or an overwhelming task. When you mention the word “downsizing”, people may think about scads of their coworkers getting laid off, or their parents moving into a retirement villa. We live in a society where bigger is perceived of as better. A bigger diamond, bigger tv, bigger car, bigger office. On the flip side, you might see downsizing as a feeling of freedom, simplicity, and even joy.

In reality, downsizing isn’t depressing. It actually has been proven to increase happiness once the emotional ties to the past are broken. No matter how you feel about downsizing, it is something that almost everyone has to do sooner or later for themselves, their parents, relatives, or friends.

Take Downsizing to a New Level

Some downsizing tips to help you move past your fears and reach the next level are outlined below. I believe that downsizing is an art and what works best for you might not be what works for someone else. Also, the amount of downsizing you need to do will depend on how much you start with and whether you are staying in your home or moving to a smaller location.

One way to look at downsizing is by category such as clothing, dishes, cookware, furniture, books, knickknacks, tools, pictures, linens, etc. Assess your needs and take a good look at what you really use, wear, read and want to keep. Some people want to keep it all. This is not downsizing. Some people, get fed up and want to get rid of almost everything. These are two extremes and your goal should be somewhere in the middle.

Hidden Treasures: When Appraisals Lead to Profit

Hidden Treasures: When Appraisals Lead to Profit

Hidden Treasures: When Appraisals Lead to Profit

After a family member’s death, the last thing you want to think about is selling their remaining belongings. Give yourself the time to grieve — it’s one of the most important steps in the process. When you’re ready to take the next step, check out estate sale services to get the help you need in this overwhelming time.

When you have a close relationship with the person who passed away, even the most irrelevant objects hold meaning. Letting go of anything personal <Link to Letting Go blog post> can feel like a betrayal. It’s during these times that a compassionate, but objective third party can be of the utmost service.

Finding the Right Appraiser

At Art of Downsizing, we believe in the importance of connecting you to the right appraiser for your specific situation. Long before any items are sold through an estate sale service, consider letting us help you identify items that may need an appraisal — it can be a make or break moment for you.

With help from some of our trusted connections, you can find that hidden gem and make the process worthwhile and maybe a little less painful. Appraisers are trained specifically to have a keen eye for what current market trends are yielding. And they always give you a reasonable idea of what you can expect to make. When paired with the right appraiser, you not only have someone looking out for your best interests, but someone who also becomes a key part of all estate sale services.