Financial Resources

Help when you need it.

Arbor Terrace at Crabapple Assisted Living understands that financial challenges can sometimes stand in the way of making the best healthcare decision. We are here to help you explore solutions by offering access to the following resources:

ElderLife

ElderLife offers flexible line of credit programs that are ideal for those who need supplemental funding for senior living while they wait for other benefits to begin or are in the process of selling a home. These simple, convenient financing options are available to both residents and families. Visit ElderLife’s website.

LifeCare Funding

LifeCare Funding assists residents in liquidating life insurance policies through a Life Settlement program, which can assist in helping cover the costs of senior living when other assets such as a home or stocks are difficult to sell or are underperforming. Visit LifeCare Funding’s website

Veteran’s Benefits

Veteran’s benefits are available for U.S. veterans or the surviving spouses of a veteran. If you are eligible, you could receive a federal pension of approximately $1,800 per month to help pay for personal care such as assisted living.

Tax Deductibility Benefit

Present law provides that an individual can deduct from taxable income certain medical expenses associated with living in nursing facilities, personal care homes and assisted living communities for the purpose of receiving medical care. This deduction may be applicable for adult children or certain other relatives who are paying a portion or all of a resident’s costs associated with living at Arbor Terrace at Crabapple Assisted Living. Consultation with a tax professional is strongly advised before making financial decisions. Find out more by contacting a Arbor Terrace at Crabapple Assisted Living representative.

Companion Living

Companion suites give residents an affordable roommate option without sacrificing any of Arbor Terrace at Crabapple Assisted Living's amenities, programs and services. Find our more by contacting a Arbor Terrace at Crabapple Assisted Living representative.

Senior Relocation

SeniorRelocationUSA.com has partnered with Cartus, the world’s largest relocation company, to offer a program to help seniors sell their home and make a smooth transition to a senior living community...at no additional cost. Visit Senior Relocation USA’s website.

678-894-7803

Senior community resident planning finances

Related Resources:

See for yourself the value of Arbor Terrace at Crabapple Assisted Living.