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Category: Finance

link to Justifying Entrance Fees For Retirement Communities

Justifying Entrance Fees For Retirement Communities

Moving into a Continuing Care Retirement Community (CCRC) can require an entrance fee of $30K-$1M or more. While this is a significant expense, the price often provides some or all medical costs on a...

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link to Increasing The Cost Of Senior Living With Community Fees

Increasing The Cost Of Senior Living With Community Fees

Moving into a senior living complex or assisted living facility often requires paying a community fee. Community fees average $1,000 to $5,000 in rental properties and cover the costs of preparing...

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link to Know The Tax Implications Of Your Parent Living With You

Know The Tax Implications Of Your Parent Living With You

If you provide a home for your parent, you may be able to get a tax deduction or credit if you provide for their care and meet IRS requirements. You may be able to deduct their medical expenses that...

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link to Finding Affordable California Senior Living Options

Finding Affordable California Senior Living Options

California is the fourth most expensive state to live in and the second most costly to retire to. From independent living to assisted living or nursing home care, senior living facilities cost above...

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link to Does Medical Pay For Assisted Living?

Does Medical Pay For Assisted Living?

Neither Medicare nor medical insurance pays the cost of assisted living. However, some states issue Medicaid waivers to cover certain expenses such as personal care services, homemaker services, case...

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link to Can ElderLife Financial Services Save The Day For Seniors?

Can ElderLife Financial Services Save The Day For Seniors?

ElderLife Financial LLC is a financial services company specializing in financial products for the senior living industry. ElderLife Financial services include financing and loan solutions, helps...

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