09/04/2026
“Is It Better to Sell My Home Now and Downsize or Leave It to My Children as an Inheritance?”
The answer depends on your goals, finances, family situation, and long-term plans.
For some families, keeping the home as an inheritance makes sense emotionally and financially. For others, selling the home during retirement may provide more flexibility, less stress, and additional funds for future needs.
A few things seniors and families often consider:
💰 Will the proceeds from the home help support retirement, healthcare, or lifestyle goals?
🏡 Is the home becoming difficult or expensive to maintain?
👨👩👧 Do your children actually want to keep the home?
📍 Would downsizing or relocating improve quality of life?
📑 Are there estate planning, tax, or inheritance considerations to discuss with professionals?
🛠 Will the home need major repairs or updates in the coming years?
Sometimes selling earlier and downsizing can simplify future estate issues, reduce stress on loved ones, and allow seniors to enjoy more freedom and support during retirement. But it’s always best to discuss these options with estate planning and tax professionals.
As an SRES®, I can help connect you with resources, discuss your housing options, and think through the real-life side of these decisions — not just the transaction itself. Reach out today!!
https://www.realtor.com/advice/finance/selling-family-home-estate-planning/
Brian Williams, Realtor, Broker, SRES
Carpenter Realtors
317-601-6187
Estate planning is a crucial step for homeowners looking to leave their home to their kids. But what if they want to sell before then?