At Sonata Senior Living, we understand you may have questions about the affordability of senior living. That’s why we’ve compiled the following options to explore.
Insurance Policies
Long-term Care Insurance
Your loved one’s long-term care insurance policies could be used to help pay for assisted living and memory care services. We’ll be happy to provide a complimentary review of your policies and explain the long-term care benefits to you and your family.
Life Insurance Policy
Life Insurance may be used to pay for Assisted Living, Home healthcare and long-term care. This can be accomplished by cashing in your policy with your current provider. Another option is to contact providers who specialize in converting life insurance policy into payments that cover senior care. For additional information contact: www.lifecarefunding.com →
VA Services/Special Pension with Aid and Attendance
A special pension benefit for veterans and surviving spouses who require regular attendance of another person to assist in dressing and undressing, bathing, toileting or eating. Aid and Attendance can help pay for care in the home, assisted living or nursing home. For more information, visit your local county Veteran’s service office or Department of Veteran’s Affairs website at www.vba.va.gov →
Medical Expense Deductions for Assisted Living Services
Under the IRS tax code, some or all of the monthly expenses paid by individuals or families to an assisted living community may qualify as a deductible medical expense for federal income purposes. Contact a CPA who specializes in Elder Care or Retirement Planning.
Bridge Loans and other Financial Solutions
Elder Life Financial offers a compliment of financial solutions for senior care including a bridge loan which allows a family to move their loved one into assisted living while they are waiting for VA Aide and attendance benefit or house to sell. www.elderlifefinancial.com →
“It’s about bringing purpose and comfort through each phase of aging.”
– Stuart Beebe, CEO
“As a certified gerontological nurse I have been impressed with Sonata’s holistic and personalized approach to providing resident care and services.”
– Teresa B. Allmond, BSN, BSHA, RN-BC, LNCC
“The food is beyond words. Every dish is made to order and delicious. I love eating here.”
– Annie, Resident
“I know that the staff cares. They understand our needs even when we don’t.”
– Jo, Resident
“I never knew what I was missing. I can’t believe how much I do every day and how many great friends I’ve met.”
– Jeanne, Resident
“As usual, it’s a great day at Serenades. Thanks for every little thing you do to make this a wonderful place for Mom.”
– Kevin, Family Member
“Everyone, at all times, had mom’s best interests at heart. She was so lucky to have them all.”
– Andy, Family Member
“The staff providing activities, like all employees we encounter were truly welcoming and helpful.”
– Jack & Karen, Family Members
“So many of you touched her heart.”
– Terri, Daughter
“You definitely went the extra mile with caring for my mother.”
– Donna, Daughter
“I appreciate very much their concern for him as well as to answer and respond to those concerns.”
– Barbara, Daughter