Considering the Cost of Alzheimer’s Care
Caring for a loved one with Alzheimer’s is not a simple task. It’s hard seeing someone who was one vibrant and warm become distant and withdrawn. It’s also not easy to accept that this person will never be the same again. So when you are already dealing with the emotional weight of the situation, the last thing you want to be burdened with is the cost of Alzheimer’s care.
If you are considering an Alzheimer’s care facility for a loved one and need help with covering the costs, there are some financial options out there that could make things a little easier. Here are just a few offered at Brookdale Senior Living.
Elderlife Financial Services
Elderlife offers lines of credit to families and seniors that are interested in financing their senior living arrangements. This plan offers low monthly payments and can be used to supplement a senior’s move into a senior living community while waiting for the sale of a home or other benefits to kick in.
Veterans Aid Attendance Pension
The Department of Veterans Affairs provides the Aid and Attendance Pension to eligible wartime veterans and their surviving spouses. This benefit can offset a significant portion of the long term care expenses in a Brookdale community. This benefit ranges from $1,056 to $1,949 per month depending on your situation. It also is tax free.
Harbor Life Settlements
Harbor Life Settlements helps seniors get cash out of their existing life insurance policies – fast! You can sell your policy and stop paying skyrocketing premiums, prevent lapsing on your lifelong investment and get the money you need now. You get the full payment and can use the cash however you want, including long-term care. We can offer 10-60% of the policy face value - many times what the insurance company or other brokers may offer. We do this quickly because we have shortened the life settlements processing from 3-12 months to less than 2 weeks, with a qualifying policy illustration. Let us help you capture the value of your policy before it is too late. For exact details and a free 5-min qualification call, contact Harbor Life Settlements directly at 800-981-0610.
Call Brookdale today to find the right financial options for Alzheimer’s care. Find an Alzheimer’s care facility in your area today!