westminster towers orlando florida

Learn why Westminster Towers in Orlando, Florida, is a highly sought after Life Plan Community in Orlando and the contract options Westminster Towers offers.

Discover how seniors pay for their Entry Fees when moving to Westminster Towers and what seniors have to say in their reviews of Westminster Towers as a retirement community. Finally, access Westminer Towers’ non-profit tax returns on this page.

 

Why do seniors love westminster Towers in Florida?

There are 71 Continuing Care Retirement Communities in Florida. At Second Act we help seniors finance their moves to retirement communities all over the country so we have come to know the various retirement communities seniors love!

Westminster Towers is part of the Westminster Communities of Florida system, a Presbyterian non-profit whose story begins in 1954. Today, Westminster Communities of Florida serve over 7,000 residents in 22 communities throughout Florida.

Westminster Towers is one of Westminster Communities’ most beautiful communities. Located in the heart of Orlando it offers an abundance of meaningful things to do providing for an active, vibrant, and meaningful retirement amongst your peers.

Westminster Towers’ legacy creates an environment for a vibrant, engaging and meaningful lifestyle. The community provides:

  • Its exclusive My W Life Well Being Program
  • Heated, outdoor swimming pools with lakeshore views
  • Lounge, pub, and other common areas
  • On-Site Security and Transportation
  • Library and Computer Center
  • Health Resource Center
  • Housekeeping services

 

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How do seniors pay for their entry fee at westminster Towers in orlando?

Seniors typically pay for their Entry Fees by selling their home, with a home equity line of credit that can act as a bridge loan such as those provided by us here at Second Act, borrowing against their securities, or withdrawing from their retirement accounts.

To learn more read our blog article titled: Six Ways Senior Fund their Entry Fees in a Life Plan Community or CCRC.

Or download your Funding Guide below!

What Contract Options does westminster towers Offer?

Westminster Towers is a Continuing Care Retirement Community offering the benefit and contract options referred to as “Life Care.” We cover the different types of Entry Fees typically offered in Life Care contracts in our Guide we encourage you to download here.

Life Care provides the peace of mind of knowing that as you get older should you need care, Westminer Towers Services will be there to help cover your future healthcare needs, such as Assisted Living or Skilled Nursing Care. In addition, home health aids and rehabilitation are also available should you have a need.

Westminster Towers has homes from 475 square feet to 1,187 square feet. As a Continuing Care Retirement Community they offer a variety of contract options suited to individual needs. We encourage you to visit Westminster Towers to obtain details specific to you.

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.
3.  You make smaller, more affordable interest-only monthly payments on what you draw from your Home Equity Line of Credit bridge loan to pay for your housing or care. 

What do senior reviews say about westminster Towers?

 

Reviews:
Westminster Towers’ Reviews are top notch. It is rare to find a bad review:

» Google Reviews indicate an almost 5-star rating.

 

do i have the right to ask for westminster Towers’ tax return and financial standing?

As a non-profit, Westminster Towers’ tax returns and financial snapshot are available to the public. When visiting a CCRC in Florida you have a right to ask for the community’s financial statements and tax returns in order to assess its financial viability.

The Florida Office of Insurance Regulation, or Floir, regulates all Entry Fee Life Plan and Continuing Care Retirement communities. If you have any questions about inspection reports or other supervisory reports the office may have for Westminster Towers’ contact Floir staff directly at:

Regulation:
Florida Office of Insurance Regulation

Consumer Helpline Instate: 1-877-693-5236
Consumer Helpline Out of State: 850-413-3089
Email: consumer.services@myfloridacfo.com
Website: https://floir.com/consumers