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:
- Weekly housekeeping and laundering of bed linens
- 3 home cooked meals per day, 7 days per week
- Exercise and wellness programs
- Entertainment and social events
- Common areas and accommodations for family/friend gatherings
- Wireless call system
- 24-hour staff
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 $2,230.00 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.
In some states (i.e. Indiana and Ohio), Medicaid Waiver programs are available to fund assisted living services. Other state specific programs may exist. For example, Indiana has a special program, Money Follows the Person Demonstration Grant, which assists individuals moving from a nursing home or hospital to assisted living.
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 underperforming asset, or require liquidity and are considering letting the policy lapse.