Planning Resources

Funding Solutions

For seniors and their families needing financial options to consider living in a senior living community there is a “Funding Solutions” program that offers a variety of financial options. Please take some time to consider these programs and learn more about how these options can provide you and your family the funds you need to access living in a senior community and give you financial peace of mind.

VA Aid & Attendance Pension Benefits

The Veterans Aid and Attendance (A&A) Pension provides benefits that reduce the cost of care for veterans and surviving spouses who require assisted living.

What is Veterans Aid and Attendance Pension?

Veterans Aid and Attendance (A&A) Pension provides benefits for veterans and surviving spouses who require the regular attendance of another person to assist in eating, bathing, dressing and undressing or taking care of the needs of nature. It also includes individuals who are blind or a patient in an assisted living because of mental or physical incapacity. Yes, assisted care in an assisting living facility also qualifies.

If you look at the VA web sites, the amount paid varies but can be as much as $2,120 per month to a qualifying couple.

We encourage you to explore all of your financial options, using only advisors that are appropriately authorized by the Veterans Administration or other recognized authority.

*Benefits amounts listed are for 2016 and are subject to change annually.

Please click on this link for additional information: http://militarybenefits.info/veterans-pension-rate-table/

Bridge Loan Program

Elderlife Financial Services offers efs:Access, a loan structured as a line of credit with low monthly payments that you and your family can use to supplement or finance your monthly rent. The efs:Access loan can be used to help: 

  • Pay for rent while waiting for a home to sell
  • Pay for rent while waiting to settle a life insurance policy or the VA Benefit to arrive
  • Finance move-in fees or Supplement monthly rent

Elderlife Financial Services specializes in helping families with senior living needs and can be reached at 1-888-228-4500 or at www.elderlifefinancial.com.

Convert Your Life Insurance Policy with Life Care Funding

Did you know a life insurance policy may be converted to pay for care with Capital Senior Living? Use Life Care Funding to help determine if your life insurance policy can fund your care at a Capital Senior Living Community. Life Care Funding may be able to convert your existing life insurance policy into an immediate Life Care Benefit Plan to pay for the cost of care. Qualifying is quick and uncomplicated, and there are no fees or obligations to apply. Click here to learn more 

To find about how Life Care Funding can help you fund your stay with Capital Senior Living, please contact Life Care Funding.

Life Care Funding
888.670-7773

 


Tips for Families

Capital Senior Living wants families and caregivers to get the support they need in a timely manner. Here are several articles that speak to the caring of caregivers and seniors with links to additional resources.

Taking Care of the Caregiver

As a family caregiver, you may find yourself facing a host of new responsibilities, many of which are unfamiliar or intimidating. At times, you may feel overwhelmed and alone. But despite its challenges, caregiving can also be rewarding. And there are a lot of things you can do to make the caregiving process easier for both you and your loved one. These tips can help you get the support you need while caring for someone you love.

Common causes of Caregiver stress (About.com)

Caregivers and Stress Release(About.com)

Caregiving Support and Help- (Helpguide.org)

 

The website contains information, facts, opinions and recommendations of various individuals and organizations regarding senior care, health, nutrition and exercise Capital Senior Living and its affiliates, agents and licensors cannot, and do not, guarantee the accuracy, completeness, timeliness, merchantability or fitness for a particular purpose of, or otherwise endorse, any opinions or recommendations, nor does Capital Senior Living constitute the giving of medical, health or fitness advice. Users of the website must consult their own physicians regarding the applicability of any opinions or recommendations with respect to their own conditions.