Financial Solutions
for brookdale senior living families.
Learn how to pay for senior living. From Bridge Financing and Veteran Benefits to Home Sale Solutions, Life Insurance and Long-Term Care Insurance Claims Assistance, help is available.
By professionals who understand.
I want help selling my Home »
I Need Long-Term Care Insurance Claims Assistance »
Can I sell my Life Insurance Policy to Pay for Senior Living or Care?
bridge financing for senior living
Gain financial flexibility so you can move in first, while you take the time you need to sell your existing home for the best possible price, await the arrival of benefits, or arrange for other liquidity events.
With Our Second Act Home Equity Line of Credit for Senior Living acting as helpful bridge financing.
Make smaller more affordable payments that can fit into your budget on your line of credit while you work on preparing, listing, and selling your home for the highest possible price. Because we understand.
bridge loan solutions
1. You gain breathing room and time to sell your home on your own terms.
2. It is easier to stage, show and sell your home for the best price if you are not living in it.
Home sale solutions
Local Agents can help you with:
1. Assessing the right price for your home.
2. Preparing your home for sale.
3. Connecting you to packers and movers.
4. List, show, and close on the sale of your home!
5. If you would like to take your time with the process of selling your home, many families take advantage of our bridge financing program offered by Second Act, a senior-focused Division of Liberty Savings Bank, F.S.B. Ask us for details or refer to our bridge financing information on the top of this page.
Veteran Aid & Attendance Benefit
The Veteran Aid & Attendance Benefit pension provides benefits that can help veterans, their spouses or widows, to pay for long-term care at a senior living community which provides assistance with the Activities of Daily Living (“ADLs”).
Applying for the benefit can get complicated. Income and asset limits do apply. Firms that specialize in navigating the requirements are available to help you with the application.
From experience, we highly recommend you use a knowledgeable VA Accredited professional to help you. Your Community Expert can connect you to a knowledgeable professional that can help you determine your eligibility and assist you with your application if eligible.
Who Can Qualify?
1. Are you a Veteran 65 or older, or 100% disabled?
2. Did you serve at least 90 days of active military duty?
3. Was at least one of those days during a period of war?
4. Did you receive an Honorable Medical, or General, discharge?
5. Do you meet the income and asset eligibility requirements?
As you await for the veteran benefits to arrive, convenient financing options may be available to help you bridge the gap. Ask us for details!
Surviving Spouse Monthly
Veteran No Dependents Monthly
Veteran One Dependent Monthly
Veteran Married to a Veteran. Monthly
Connect to help.
Long-Term Care Insurance claims assistance
You or your loved one may have a long-term care insurance policy purchased many many years ago. And now may be the time your hard earned dollars may need to be put to work.
Our relationships with long-term care insurance claims experts can provide you the assistance you need to get the most from your policy. Make an appointment for a no-cost conversation on what may be possible and what claims assistance may cost.
Life Settlements: The Sale of a Life Insurance Policy to Pay for Senior Living
Did you know your life insurance policy is an asset you may be able to sell in a transaction called a Life Settlement? Or that you may be able to convert your life insurance a long-term care policy payment stream?
You or your loved one may have a life insurance policy you purchased years ago. We often purchase a life insurance policy to ensure our loved ones are protected in case something happens to us. But now that kids are grown, that life insurance policy may not be needed anymore.
If you have a life insurance policy you no longer need, make an appointment with us to explore whether selling it or converting it to a long-term care payment stream makes financial and life sense.
