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How it all Works – From Decision to Transition

Once you’ve completed the Stay or Go Planning System,

and you've received your Stay or Go Clarity Report, and have decided to make the transition to a retirement community, you'll need to know “How it all Works”. Like planning an adventure with a travel agent, you need a detailed itinerary, so you know what to expect from the retirement community and from your Realtor.

In this live webinar and in the pre-transition guide, we will cover the four stages of your transition and show you what happens:

Before you get on the waiting list
After you are on the waiting list
Once you’ve selected your new home
During your Move-Out and Move-In to the community

1: To The Planning System

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To receive a free copy of our "How it All Works" Pre-Transition Guide, please make an appointment on Brian's calendar:

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Pre- Transition Guide Table of Contents

Introduction .................................................................................................................................................... 3
Table of Contents ........................................................................................................................................... 4

Stage 1: Before the Waiting List (at your home) ..................................................................................... 6
Envision your ideal future and how you see the rest of your life playing out ........................................ 6
Evaluate your homeownership to reveal imbalances in 5 key areas ...................................................... 6
Educate yourself via Webinars ..................................................................................................................... 6
Prioritize your search criteria ....................................................................................................................... 8
Explore Your Options by Seeking Council ................................................................................................... 8
Explore your options using our one-of-a-kind "unBiased" online tools .................................................. 9
Decide which type of community is best for you ..................................................................................... 10

Stage 1: Before the Waiting List (at a community) ...............................................................................10
Visit communities and take a tour ............................................................................................................. 10
Meet with the Sales Directors and learn more about the community .................................................. 11
Join the wait-list(s) ........................................................................................................................................ 11
The steps to joining the waitlist .................................................................................................................. 11

Stage 2: After you're on the waitlist (at your home) ............................................................................ 12
What is your nest egg worth? ...................................................................................................................... 12
How much will you net after paying your Capital Gains Taxes? .............................................................. 12
Capital Gains Taxes ....................................................................................................................................... 13
Estate Planning – What to do if a co-owner has passed away ................................................................ 14
Document your Costs of Home Improvements ........................................................................................ 16
Home preparation ideas .............................................................................................................................. 17
Gathering Information about your home .................................................................................................. 18
Begin your downsizing – Focus on what you are bringing with you ....................................................... 19

Stage 2: After you're on the waitlist (at the community) .................................................................... 20
Stay engaged with the Sales Director ......................................................................................................... 20
Get connected with the community ........................................................................................................... 20
Meet with a Financial Advisor ...................................................................................................................... 21
Prepare your 10% deposit funds (if applicable) ......................................................................................... 21
Preview your new home (apartment or cottage) ....................................................................................... 21

Stage 3: Once You've Selected Your New Home (at your home) ........................................................ 22
Re-Engage with the Downsizer/Move Manager ......................................................................................... 22
Sign a contract and get on their calendar. They are very busy. ............................................................. 22
Update your Comparative Market Analysis (CMA) .................................................................................... 22
Watch the FlightPlan Webinar ...................................................................................................................... 22
Interview Realtors (if you had not done so during Stage 2) ..................................................................... 23
Hire a Realtor (if you had not done so during Stage 2) ............................................................................. 24
Occupy or Vacate your home? ..................................................................................................................... 25
Bridge Loans for paying the entrance fee, and other expenses before vacating .. 26
Home preparation plans for the best ROI ................................... 27
Your Transition Calendar .................................................. 27

Stage 3: Once you've selected your new home (at the community) ................................................. 28
Review the Sales Terms of the overall Residential Care Agreement ....................................................... 28
Re-Review the Financial Assessment .......................................................................................................... 28
Sign the Deposit Agreement ........................................................................................................................ 29
Wire your 10% deposit .................................................................................................................................. 29
Health Assessment w/ Physicians Report ................................................................................................... 29
Acquire move-in date? (30/60/90 Days) ...................................................................................................... 30
Receive the resident welcome binder ......................................................................................................... 30
Obtain a Floor Plan for your unit ................................................................................................................. 30
Re-Engage with Downsizer/Move Manager ................................................................................................ 31
Meet Move-In and Renovation Team ........................................................................................................... 31

Stage 4: Moving Out and Moving In (at your home) .............................................................................. 32
1–2 weeks to settle into your new home .................................................................................................... 32
Downsize: donate, consign, recycle, dispose .............................................................................................. 32

Stage 4: Moving-Out and Moving-In (to the retirement community) ................................................ 33
Sign the Residential Care Agreement (RCA) ................................................................................................ 33
Wire balance of entrance fee – 90% ............................................................................................................. 33
Meet with move-in coordinator .................................................................................................................... 33
Move-Out of your old home and Move-In to your new home .................................................................. 34
Meet the staff and residents at the community ......................................................................................... 34
Meet Resident Buddy (when you're ready) ................................................................................................. 34
Selling your home .......................................................................................................................................... 35
Your Real Estate "Flight Plan" – Stress-Free Home Selling ........................................................................ 35

Free Resources ................................................................................................................................................. 36