Financial Assistance
Autumn Trace will never ask for an expensive buy-in just to move in. Also, we have designed a very flexible lease with the agreement of one low monthly service fee, which includes:
- Rent
- Utilities
- Maintenance
- Weekly housekeeping and laundering of bed linens
- 3 home cooked meals per day, 7 days per week
- Exercise and wellness programs
- Entertainment and wellness programs
- Entertainment and social events
- Transportation
- Common areas and accommodations for family/friend gatherings
- Wireless call system
- 24-hour staff
- Security
Please check out the many financial options we have listed to assist you in making Autumn Trace your home, and contact us with any questions or to set up a time to meet and discuss.
Government & State Options
If you are a wartime veteran or the surviving spouse of a veteran and are paying for care, you may be eligible for a tax-free pension from the U.S. Department of Veterans Affairs, which provides up to $2,266.00 per month through the Aid & Attendance benefit. Veterans, Financial, Inc. will help you navigate the eligibility and application process free of charge. To learn more, please contact: 1-800-835-1541 / www.VeteransFinancial.com
Insurance Options
Long term care insurance can help defray the costs of senior living. Additionally, many individuals are unaware that their life insurance policy is a financial asset that can be sold to fund their current senior living expenses. Commonly referred to as a Life Settlement, it involves the sale of an existing life insurance policy to an investor for a lump sum cash settlement greater than the cash surrender value given by the insurance company.
Cash settlements typically range in amounts between 10% and 40% of the life insurance policy’s face value. Policy owners may want to consider this option if they have outlived the purpose of a life insurance policy, can no longer afford it, feel it has become an under performing asset, or require liquidity and are considering letting the policy lapse.