Assisted Living Lifestyle

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.

Life Care Funding

Did you know a life insurance policy can be converted to pay for care with Belmont Village?  Use Life Care Funding to help fund your care at a Belmont Village Community.  Life Care Funding converts your existing life insurance policy into an immediate Long Term Care Benefit Plan to pay for the cost of care.  Qualifying is quick and uncomplicated, and there are no fees or obligations to apply.  To find out more about how Life Care Funding can help you fund your stay with Belmont Village, please contact Life Care Funding.  Visit www.lifecarefunding.com/blog/how-to-pay-for-senior-care or call 888.670.7773.

Gift Tax Exemption

Family members can pitch in toward the cost of assisted living and take advantage of the IRS gift tax exemption. In 2013, individuals can provide gifts of up to $14,000 per person per year without paying a federal gift tax ($28,000 as a joint gift). 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.

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