045: California Exit Strategy: Trends, Moving Planning, and More

Reasons to move out of California, or if you’re thinking more local, out of the Bay Area, may range from a lower cost of living, lower taxes, less crowding, retirement, following family, or simply a change of pace. But it’s no secret that the extensive list of things that need to be done for moving can be overwhelming. How do you start? Where do you start? And when planning ahead, how far in advance should you start?

In a new episode of Absolute Trust Talk LIVE, we are happy to welcome guest Scott Fuller, relocation expert and founder of LeavingTheBayArea.com. As the top resource for helping clients navigate the moving process systematically, Scott brings a wealth of information on the type of moving trends in the Bay Area and across the state. Scott and Kirsten will also examine how COVID-19 has impacted the market and the relocation process. Moving is a big job, but when you have the right plan and thought process in place, you will be able to smoothly check off all the “to-dos” on your list and move like a pro.

Big Three from Episode #045:

  1. Moving isn’t just about logistics. It’s also about being mentally and emotionally prepared as well.
  2. Are you ready to move, but not sure where? Take time to sit down and visualize the process and visualize your goal for making a move.
  3. While there are a lot of people moving out of California, there are just as many relocating within the state to lower density areas – especially now with COVID.

Time-stamped Show Notes:

3:29 – Who is moving out of California, and why?

5:02 – Are people moving just moving out of state, or are they moving to other parts of California?

6:23 – Scott discusses the impact COVID has had and will have on this California moving trend

7:43 – Scott shares some interesting stats and trends that are coming out of the bay area

10:07 – Kirsten and Scott discuss the most common relocation challenges today

15:27 – How far in advance should someone start planning a move?

17:35 – Scott discusses how to prep for moving your items

22:43 – Kirsten and Scott talk about some of the most popular out of state locations people are moving to

Episode #045 Freebie – 12 Step Roadmap to Your Next Destination

When moving, it’s essential to have a plan, something that breaks down the process and helps you transition from point A to B, and so on. And for the average person trying to develop that plan, and then put it into play can be daunting. Today’s guest, relocation expert Scott Fuller, is sharing exclusive access to his thoughtfully curated planning resource, “12 Step Roadmap to Your Next Destination.” This 12-step roadmap will help you break down each step of your next move making it more manageable and less stressful. It’s time to plan your move like a pro. Download your free copy now!

Resources/Tools/Links Mentioned in This Episode:
U-Haul Migration Trends

[Ad] No matter what the reason, moving can have a significant impact on your estate plan. It’s important to review your plan with your attorney to go over any positive or negative changes as well as strategies for helping to minimize the tax impact on your estate. As experts in California law, we can help modify or build an estate plan to meet your needs. Schedule a free discovery call today, and let’s get started!

Looking for more resources? Absolute Trust Counsel has a library of free articles, checklists, and guidebooks to address the most common estate planning questions in easy-to-understand language. Explore those listed below, or for more, visit https://absolutetrustcounsel.com/resources.