A friend of mine always says that Estate Sales are just fancy garage sales and he could not be farther from the truth. Good estate sale companies have many contacts and experience in selling the many possessions that seniors collect throughout the years. When I interview estate sale contacts I am always amazed on the items they see as "valuable" and some items I would see as "high worth" have little if any value.
"We can't believe how much we received from the estate sale profits. We paid for Mom & Dad's move to the senior living facility and added some $ to their savings which is great and the estate sale comapany did the work"
Assisted Living comprises about 750,000 residents in the US and is the step before nursing homes for some seniors. Most states do not regulate assisted living facilities (while they do nursing homes) and these facilities are perfect for residents that need custodial care (help with bathing, dressing, and etc.). The US Dept. of Health & Human Services did a thorough review of assisted living communities and published the results in 2012 and here are the highlights:
What does an Assisted Living Facility provide and cost
Golden Nugget: Difference between Assisted Living & Nursing Home – Assisted Living Patients usually need help bathing and sometimes dressing themselves, but normally can make it to the cafeteria for meals. When the resident becomes “room bound” or needs help most nights to get to the cafeteria, then it may be time to move to a nursing home.
6 minute YouTube Video describing the mechanics of a great estate sale.