Financial Solutions for Residents and Families
Veteran Benefits
If you are a US veteran or the surviving spouse of a veteran, you may be eligible to receive a federal monthly pension – up to $1,800 per month – to help pay for personal care such as assisted living. For application assistance please contact a Community Relations Associate at the Belmont Village nearest you.
ElderLife Financial Services
Simple, convenient financing options are available from a recognized leader in financial services. Flexible line of credit options are ideal for those who need rent or care support while they wait for other benefits to begin or are in the process of selling a home. Find out more at www.elderlifefinancial.com or simply call 1-888-228-4500 for details.
LifeCare Funding Group
Life Care Funding Group works with seniors to help fund long term care and retirement living using an in-force Life Insurance Policy. The Life Care Assurance Benefit allows a senior to use a Life Insurance Policy to pay for long term care and housing by converting a portion of the policy’s death benefit into a long term care benefit that is paid directly to the care provider. Many seniors and their families find the Life Care Assurance Benefit a great way to help pay for their senior living at any of our communities. Find out more at www.lifecarefunding.com or simply call 1-888-670-7773 for details.
Companion Living at Belmont Village
Roommates at Belmont Village enjoy significant savings in completely furnished suite apartments without sacrificing any of Belmont’s signature amenities, programs, or services. Perfect for twosomes.
Gift Tax Exemption
Family
members can pitch in toward the cost of assisted living and take
advantage of the IRS gift tax exemption. In 2011, individuals can
provide gifts of up to $13,000 per person per year without paying a
federal gift tax. Consultation with a tax professional is strongly
advised before making financial decisions.
For more
information about these programs, please contact a Community Relations
Associate at the Belmont Village nearest you. Belmont Village is a
Designated Assisted Living Provider of the NFL Player Care Plan.