Five Star Financial Solutions
More Choices for a Perfect Financial Fit with Five Star
Five Star Senior Living understands that cost is a concern when you’re looking at senior living options.
Whether your need is short-term or long-term, we are proud to introduce these Financial Solutions and invite you to learn more about each one.
These solutions work well when used alone or together. For example, you could use a line of credit to supplement your Veterans Benefits, or while you are waiting for your home to sell. You could arrange an Assurance Benefit through your life insurance and let your investments grow.
Our residents always enjoy Five Star service, beginning the moment we meet you and your family. We can help you explore your financing options, guide you through the process of applying for assistance and connect you with people in the area who can help every step of the way.
The Veterans Administration offers a pension, up to about $2,000 a month, for qualified veterans and surviving spouses to help with the cost of senior living. The paperwork can be overwhelming; Elder Resource Benefits Consulting can help. This team of experts knows the VA, can pre-qualify you and handle the entire process. These benefit specialists have helped previously denied applicants receive the assistance they deserve.
|EXAMPLE: Elder Resource Benefits Counseling can coach you through it all. They’ll review your application, help with questions and see if you qualify for little-known benefits; such as a pension for high medical bills.|
To see if you qualify and for a free benefits analysis, talk to:
The Elderlife Line of Credit for Senior Living is an easy, low-cost way for family members to help fund expenses. With small monthly payments, same-day decision, and funds available within 48 hours in most cases, Elderlife is trusted by families nationwide as a fast, simple way to access the care your loved one needs and deserves, today.
|EXAMPLE: It’s especially helpful if you are working on selling your loved one’s home or are waiting for Veterans or other benefits. You can finance just the deposit, some or all of the monthly fees.|
To learn more about how this can work for your family, please call:
Life Care Funding allows a senior to use a life insurance policy to help pay for senior living and long term care. A portion of the policy’s death benefit is converted into a Long Term Care Benefit Plan, which is paid directly to the care provider. Families gain much more value from the policy than if it were to lapse or be surrendered to the life insurance company. > Learn more
|EXAMPLE: You can keep your securities and other dearly held assets, as this funding bridge makes it possible to move into the community sooner. You can use just a small part of your policy and preserve the rest as part of the legacy you’ll share with your family.|
If you have a life insurance policy, contact Life Care Funding to discuss your options.