loader from loading.io

656 - Closing a Family Business

Organize 365® Podcast

Release Date: 05/26/2025

Transformation with Amanda A. show art Transformation with Amanda A.

Organize 365® Podcast

In this episode, I introduce you to Amanda A. who is married with three kids. Amanda found herself with compounding Golden Windows which created a little chaos in her life. She had just started back to work, went to transfer files to her dropbox and stumbled upon an old bundle she’d downloaded years prior - the Ultimate Bundle. It was exactly what she needed and her “relationship” with Organize 365® took off from there. Amanda had tried a lot of other organizational systems but none of them seemed to be the solution. When Amanda came across the module about organizing your schedule is...

info_outline
Coffee Chat - Customer Appreciation Days are HERE! show art Coffee Chat - Customer Appreciation Days are HERE!

Organize 365® Podcast

Yesssss, announcing Customer Appreciation Days!! This Thursday through Monday at midnight. Boy do I have some great deals for you. If you have had your eye on a product for a while now is your time to get it at 15% off.  Also, there will be daily deals too! There are videos each day to keep you in the loop of everything Organize 365®. Thursdays deals are geared towards all the new products and “while they last” products. If you feel like you have a handle on your home and work, this is the day for you.  Friday is going to feature additional deals on the Friday Workbox and...

info_outline
657 - Boundaries ? show art 657 - Boundaries ?

Organize 365® Podcast

Summer planning round 3, ding ding ding. I share a lot of my life because I am part of the Organize 365® brand. I’ve been podcasting for over 12 years and over that time I have shared a lot about me, my life, and my family. Recently I shared how I wanted to spend the next 120 days upleveling the upstairs of my house. Those plans changed when Abby decided to have back surgery. And once again those plans have changed. And when evaluating my boundaries, I asked to share some news on this podcast I’d been withholding to explain why all the changes. My personal life A year or two ago I started...

info_outline
656 - Closing a Family Business show art 656 - Closing a Family Business

Organize 365® Podcast

Life can really get challenging when you lose someone and they owned a business.  Emily and I had to face that, with our dad, and I’ve shared about it and now Anna Hall is sharing about her dad. Anna has two younger brothers and she was kind enough to share their experience with settling his estate, taking care of his business and employees, and the family house her father built with his two hands. It couldn’t have come at a more complicated time for Anna. She and her husband had just built a house one year prior to be a half mile between her mom and her dad who were divorced. ...

info_outline
655 - Organizing Your Role as the Executor of an Estate show art 655 - Organizing Your Role as the Executor of an Estate

Organize 365® Podcast

If you find yourself in this role as Executor of an estate, I want to make sure to support you best during this time by providing a little food for thought. How do you want this time to look? It’s not easy losing a loved one and hopefully this episode provides emotional support in the form of considering your mindset during this time. And we found it is best practice to have ONE executor! Emily and I were both executors but needed to be present for every singing of all the papers and Emily bowed out. She said you do it, I trust you!  It’s so much easier with ONE executor!! Here are...

info_outline
Transformation with Eve M. show art Transformation with Eve M.

Organize 365® Podcast

In this episode, I introduce you to Eve M who lives in Western Ireland with her rescue cat. Eve was first introduced to Organize 365® through listening to another podcast that was interviewing me about ADHD and Organize 365® solutions. Eve became obsessed about this idea of the slash pockets and organizing. She listened to the Sunday Basket® episodes repeatedly. She has a podcast too called Feel Better Everyday that she hosts, author of the book 365 Ways to Feel Better, owns her therapy practice, and is a freelance journalist.  We rabbit trailed about having a podcast. Eve has noticed...

info_outline
654 - Organizing Your Role as a Power of Attorney show art 654 - Organizing Your Role as a Power of Attorney

Organize 365® Podcast

info_outline
653 - Advocating For Your Own Medical Needs show art 653 - Advocating For Your Own Medical Needs

Organize 365® Podcast

As we are having these necessary conversations on how to be prepared for unexpected medical events or natural disasters, I saw a friend of mine Sarah Hart Unger had one of her own. I asked her to come on the podcast so we could talk about what happened, how she handled it, what she learned from it, and how she may improve her preparedness. I’m Healthy Sarah shared how she was so excited to get back into running marathons. There she was in Miami in about mile 11 of her half marathon when all the sudden she heard her body say something wasn’t right. She bunked (marathon runner speak for...

info_outline
652 - Organizing Your Role as a Power of Health Care show art 652 - Organizing Your Role as a Power of Health Care

Organize 365® Podcast

info_outline
Transformation with Amy L show art Transformation with Amy L

Organize 365® Podcast

In this episode, I introduce you to Amy L. who is married with a son, daughter, a dog and some chickens. At the time she found Organize 365® she and her husband were working full time and raising cattle. Amy was lured to Organize 365® by the cozy pictures people were posting with a drink and their Sunday Baskets® on Instagram. I had forgotten all about that!!  She had to check out what all the fuss was about. Organize 365® became the first podcast she intentionally listened to to learn about organization. Amy was in the middle of a remodel and had hit her tipping point. Paper had...

info_outline
 
More Episodes

Life can really get challenging when you lose someone and they owned a business.  Emily and I had to face that, with our dad, and I’ve shared about it and now Anna Hall is sharing about her dad. Anna has two younger brothers and she was kind enough to share their experience with settling his estate, taking care of his business and employees, and the family house her father built with his two hands. It couldn’t have come at a more complicated time for Anna. She and her husband had just built a house one year prior to be a half mile between her mom and her dad who were divorced.  And Anna was in school for her doctorate, had an almost 2 year old son, and at almost 31 years had no experience how to settle an estate and grieve the loss of a parent.

It’s never planned

None of us plan when we’ll pass although we may know it’s coming soon. Our passing comes with great emotional distress to those we love. How can we make it easier on them? Do like Anna’s dad did. Thankfully he was a meticulous person and all of his paperwork was orderly and passwords were readily available. It saved a lot of time and money in lawyer fees because the lawyer didn’t have to go on a wild goose chase to obtain information. Anna advises to show up with as much paperwork as you can in that first visit. Her father assigned her uncle as the executor but let Anna and her brothers be in charge. He had a will and a separate document for the business. Her father also had titles transferred upon death saving money on taxes and keeping belongings out of probate.

What to do with the business?

Anna called a meeting with her brothers and a long time employee of her dad’s, JR. Her dad’s dying wish was to keep him working as long as JR wanted to. One of her brothers lived out of state so he wasn’t going to be able to help and Anna worked as a teacher full time so they needed to assign roles. It wasn’t too long after that Anna, who was the leader, realized her brothers weren’t paying attention to the reports, she was fine with that but wasn’t going to devote time to that anymore. 

Anna led her dad’s company for 4 ½ years but was ready to sell the company. As fate would have it her father in law had a friend with a similar business. They needed a skilled wood crafter too like JR. Anna was able to sell her fathers company, keep JR working, and keep their current customer list serviced. It was such a blessing for Anna who now had two children and ambition to pursue a career as a result of getting her PhD. However, they did not purchase the warehouse. Anna took time to sell off items. It was sweet for Anna to have some of her father’s friends stop by, share stories, and maybe claim an item or two to remember their friend.

There’s something about the 5 year mark

There was something special for Anna to run the company for almost 5 years. She cherished being the one to carry on the legacy of her dad. If you find you just can’t part with some items yet, that’s ok. I always say get a storage unit, give yourself time with those items, and avoid regretting that you got rid of them. And we talked about that significant 5 year mark. I shared in a previous episode how around the 5 year mark I was able to see some of my dad’s items with less significance. You start to realize that person is a part of you and your memories. They aren’t that thing. The material things no longer represent them. 

EPISODE RESOURCES:

Did you enjoy this episode? Please leave a rating and review in your favorite podcast app. Share this episode with a friend and be sure to tag Organize 365® when you share on social media.