Wrap several layers of newspaper around the area that you are planning to lift the plant. Make sure that the needles will not poke through the newspaper. Use the tape to gently keep the newspaper in place.
Mix two parts of fine sand, one part peat moss and one part loam in a new pot. Use the trowel to make sure the mixture is evenly distributed. Remove half of the mixture and put it in the bucket for later use.
Use the trowel to loosen the soil around the palm. Once it is loose, gently pull it out of the pot while holding onto the part of the trunk with newspaper over it. Don't press down too hard or the needles may puncture the paper or your skin.
Place the palm into the pot with the newly created mixture. Use the trowel to place the remainder of the mixture around the plant so that it stays firmly rooted in the new pot. Once the palm has been secured in the new pot, remove the newspaper.