The Continuing Care Retirement Community as a consumer information issue

Article Abstract:

Choosing to live in a Continuing Care Retirement Community (CCRC) is an important decision for older people and must be made based on knowledge about fees, services, tax benefits and personal lifestyles. Some CCRCs are eligible for the real estate roll-over purchase tax deduction and some are arranged to generate health payment tax deductions for residents. The cost and level of long term care needs to be considered as well as the financial position of the CCRC as a non-profit, for-profit or subsidiary organization. Refunds of monthly maintenance fees are also available at some CCRCs.

Elderly, Planning, Evaluation, Life care communities

---

Communicating with worried older clients: the impact of "generational diversity."

Article Abstract:

Most people believe that differences in financial worries found between younger and older people are solely a result of the aging process and maturation. However, an alternate or influencing cause may be the education background and other social factors prevalent in the pre-World War II historical period. Financial planners should not dismiss financial fears because their clients are older, but rather should try to understand the underlying influences on their fear.

Psychological aspects, Economic aspects, Financial planning, Conflict of generations, Generation gap

---

Geriatric assisted living: "when mom and dad can't live alone anymore."

Article Abstract:

A fictitious letter from a son to his mother illustrates the factors to be considered in choosing geriatric assisted living arrangements. Assisted living facilities provide advantages over traditional board and care and nursing homes, such as hotel-style living spaces and meals, large staffs, non-intrusive monitoring, and personal independence. Financial decisions on living arrangements must be made as family decisions.

Nursing & Rest Homes, Nursing and Residential Care Facilities, Residential Care Services, Other Residential Care Facilities, Nursing and Personal Care Facilities, Residential care, Homes for Aged, Homes for the Elderly, United States, Analysis, Services, Housing, Residential care facilities, Nursing homes, Assisted living facilities, Senior citizens housing, Long-term care facilities, Long term care facilities

Similar abstracts:

• Abstracts: The continuing role of custom in the formation of international humanitarian law. Shakespeare's Henry the Fifth and the law of war
• Abstracts: New York's first community court will open this summer to reclaim Broadway. This is what can happen when the court closes its constitutional doors
• Abstracts: Past investment performance is no measure of future returns. The political business cycle
• Abstracts: Did high court make broad sweep in ERISA ruling? Pa. business court: proponents push for second attempt. High court asked to define 'willful violation' in ADEA
• Abstracts: Late challenge to Microsoft; a Silicon Valley lawyer says the software giant is still trying to stifle competition

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.