Archive for February 7th, 2008

I nearly forgot - the other thing my CPA stated both my husband and I need is a Durable Power of Attorney for Health Care. it must be “durable,” so it can continue if you can’t make decisions for yourself. And you also need a living will. And you may also want to get a financial power of attorney.

I had a Durable Power of Attorney for Health Care for my mother before she passed away in 2006. I would get phone calls from Assisted Living every time they gave her an aspirin, but that’s ok.

This is another one of those “don’t try this at home” things. I know you can get the forms on the web or from a software program, but get an attorney to help. Each say is different, and you don’t want to do it wrong and find out too late that the documents are not valid.

Do you have these documents already?

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From Carol Simpson Productions

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I’m showing you this one simply for the decor. This home in the Malibu Colony in California is absolutely devoted to the world of folk art and Americana. Look beyond the decor and it seems to be a fairly nondescript though lovely white and bright contemporary California home. Slate and hardwood floors and a shiny new kitchen add to the appeal. There are three bedrooms including a second story master suite. It also features ones of the oddest toilet paper racks I’ve ever seen. The home also has a private pool and spa. This home is listed at $5.5 million.

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EPIC Offering Companies up to a One Half Hour Interview of Radio … - FOXBusiness

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I’ve written about the deluxe “car condos” before but I found this recent article on storage condos fascinating. More and more people are using storage condos not just as a place to stores a few things but to actually uses as a sort of second home, a place to actually spend time with your stuff. GarageTown sells units that come with cable TV, high-speed World wide web, individual thermostats, and clubhouses where the owners can hang out together. At 2,000 square feet the largest spaces are as huge as some homes. All states have self-storage units but most are the rather chilly and drab cement and metal spaces you can rent out. The storage units as condos are for the most part, clustered in resort areas and places with long winters. But that’s changing. Even rental units are getting more and more deluxe marking a shift from when people would just plunk their things in a storage facility and promptly forget about them. The prices for condo garages and storage condo units vary but GarageTown’s units in Coeur d’Alene, Idaho cost about $57,000 to $85,950 (for comparison sake, one-bedroom condos in the area under 500 square feet start around $100,000). For those who simply don’t have enough room, the storage condo becomes your garage or basement away from home, not just a place to store things but also a hideout from everything going on in your home.

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I’m taking another look at this one because when I first wrote about it last May there were no inside photos for the listing. Searles Castle in Great Barrington, Massachusetts has 40 rooms and seven turrets. The home, which has most recently served as a private school is now up for sale for $15 million. The castle, which is on 61 acres, has a fascinating history, it is one of two in the New England region (the other is in New Hampshire) that bear the name of Edward Searles. Mary Hopkins, the widow of railroad tycoon Mark Hopkins commissioned the castle which was built in 1888. She hired interior decorator Edward Searles for the project, and they married a year before it was finished (she was 22 years older than he). After she died he stayed in the castle for a time and then after his death it has been a private private school, conference center among other businesses and was most recently the John Dewey Academy. The castle has 36 fireplaces, a dungeon, and more than 50 rooms for a total of around 60,000 square feet. The finishes here are incredible imported marble, accentuated fireplaces, carved wood ceilings, a Louis XIV drawing room with details in gold and original painted ceiling, music room with 42-ft dome ceiling, a slate roof, hipped and conical roofs accentuated by finials, chimneys, gablets and turrets. It’s been sitting on the market since last Might for $15 million.

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This striking home in the Queen Anne neighborhood in Seattle is perched on a hill so you get fantastic views of the Seattle skyline including the Space Needle. And it has a roof terrace to enjoy those views. Although it is 4500 square feet there are only two bedrooms making it more of a home for empty nesters than families. The kitchen has beautiful countertops and the home had an open floor plan that puts the emphasis on the big windows facing the view. There is also a home theater and a 100 1000-bottle wine cellar. This home is listed at $2.488 million. %Gallery-14974%

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The Hudson Blue building in New York’s West Village first attracted my attention because Leonardo DiCaprio is moving into the building. The glass and steel modern building is a bit like the designer imposters version of the coveted Richard Meier buildings (if you like Meier, you’ll love Hudson Blue). The building is located between West 11th and Perry Streets. This apartment is one of the penthouses and has Hudson River views from the floor-to-ceiling windows. Building amenities include a “cyber doorman,” terraces on each floor and storage and ownership in the first floor facility which affords residents the ability to design and use as a fitness, media or meditation room. The apartment is an eighth and ninth floor duplex with three terraces. The lower floor has the dining/living room, galley kitchen and a bedroom while the upper floor is given over to the master suite with a sitting room/home office and spa bath with sauna. It is listed at $6.995 million.

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The Parisian neighborhood of Montmatre has a rich history in the arts. The hilly area was once home to Pablo Picasso, Van Gogh and others including Impressionist painter Pierre-Auguste Renoir. His home Ch

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From the Real Estalker:
–The Desert Home, the sleek and modern prototype for the deluxe prefabs created by starchitecture firm Marmol Radziner in Desert Hot Springs has been listed at $1.85 million.
–Did Scott Baio move to a five-bedroom house in Encino? The Real Estalker Mama reports that Baio and his wife, Peaches Renee Sloan, still occupy Baio’s home on Royal Oak Road in Encino. It looks like the couple “bought” the new home on the show for reality drama’s sake.
–Rande Gerber and Cindy Crawford are renting out a beach front four-bedroom home in Malibu for $22,500 a month.
–Rumors have been swirling that Britney Spears purchased a new house in Hermosa Beach before she went into the hospital. The home in question appears to be owned by professional photographer Dani Brubaker (who recently took pictures of Britney and her kids for OK Magazine) and it seems unlikely that Britney actually bought this home.
–Has billionaire Ron Burkle helped Michael Jackson save Neverland Ranch? Roger Friedman at Fox News has reported that Burkle might have intervened of Jackson’s behalf to provide an extension to give Jackson time to refinance.
–Jennifer Aniston has moved out of the Malibu cottage she’s been renting since 2005.
–Jermaine Dupri has listed a five-bedroom home in Atlanta, Georgia for $1.5 million. The listing is here.
–Melrose Place actor Grant Show has listed his three-bedroom home in the Beachwood Canyon for $1,995,000. The listing is here.
–Singer Dido has listed her house in the prestigious Bird Streets area of Los Angeles for $4.6 million. The listing is here.

From the Wall Street Journal’s Private Properties:
–A Parisian home that once belonged to Impressionist painter Pierre-Auguste Renoir is on the market. It is out estate of the day later today.
–NBA point guard Baron Davis of the Golden State Warriors has sold a pair of adjacent condos in West Hollywood for $2.66 million.
–Investment banker Warren Woo has paid $20 million for a house in Los Angeles, plus $2 million more for furnishings.

From the NY Observer’s Manhattan Transfers:
–A two-floor penthouse at 530 East 72nd Street which was lived in by Frank Sinatra and Mia Farrow and then by Andy Warhol’s doctor, Denton S. Cox is on the market for $5,995,000 and it’s a real fixer-upper. The listing is here.
–Ex-F.B.I. Special Agent Ali Soufan, who now works for Guiliani Partners, and his wife just paid $1.7 million for a new Manhattan apartment.
–Stephen Drucker, House Beautiful’s editor, and real estate agent Frank Newbold closed this month on a two-bedroom co-op at 125 East 74th Street for $1.45 million.
–Parker Posey, who late last year listed her apartment in an 1845 brownstone on East 10th Street near Third Avenue for $1.175 million, is in contract to buy a $1.35 million one-bedroom co-op at 30 Fifth Avenue.
–Salman Rushdie’s ex-wife, 37-year-old Padma Lakshmi, the model-turned-Top Chef hostess paid $1,651,111 for a long, full-floor loft in Alphabet City.

From Berg Properties Large Time Listings:
–Wilmer Valderrama has sold a home in Tarzana for $1,750,000 after it had been listed for $2,250,000 and later reduced to $1,950,000.
–Rupert Murdoch has taken $2,000,000 off the asking price of his Long Island, N.Y. mansion, Rosehearty, reducing its listing price from $14,800,000 to $12,800,000. It was our estate of the day back in July.

From the NY Post’s Gimme Shelter:
–A new record residential price has been set for the North Fork of Long Island. A 135-acre estate that includes a 19-acre vineyard has been sold for $19.5 million. The original asking price for Indian Neck Farm was $22 million when it went on the market in 2006.
–Edgar Bronfman Jr. and his wife, Clarissa, finally have taken possession of their 11-room co-op at 1040 Fifth Ave.
–Author and interior decorator Regina “Gigi” Mahon has paid just over $14 million for two condo apartments on the fifth floor at the soon to be completed Plaza.
–Polo-playing communications mogul Adam Lindemann has found a new oceanfront Hamptons hideaway in Montauk for $21.5 million.

From the LA Times Hot Property:
–Keith Yamashita, a high-powered business consultant, has listed his contemporary Manhattan Beach home at $3.449 million because he and his partner, Todd Holcomb, are planning to return to San Francisco, where their 10-year-old company, Stone Yamashita Partners, is based. The listing is here.

From AOL Real Estate:
A list of America’s richest counties.

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