Find a Belmont Village Community

Financial Planning for Assisted Living

The pricing at Belmont Village will vary based on your living arrangements and the amount of care you need. You may be eligible for a number of benefits and services that can help offset your living costs.

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 $2,200 per month – to help pay for personal care such as assisted living. Find out more at www.benefits.va.gov/pension/aid_attendance_housebound.asp

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 call 1-888-228-4500 for details.

GIFT TAX EXEMPTION

If your family members contribute to pay the costs assisted living, they may take advantage of the IRS gift tax exemption. In 2019, individuals can provide gifts of up to $15,000 per person per year without paying a federal gift tax ($30,000 as a joint gift). Before making any financial decisions, we strongly recommend that you consult a tax professional.

For more information about these programs, please contact a Community Relations Associate at the Belmont Village nearest you.

IS IT TIME TO GET HELP?

Learn more about your options and decide the best fit for your care needs with this quick 4-5 minute survey.

CONTACT BELMONT VILLAGE

Want more information? Contact Belmont Village to learn more about our communities or schedule a tour.

EXPLORE OUR LOCATIONS

Keep exploring what makes Belmont special. View our locations to find the best community for you.