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Articles Posted in Real Life Story

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Some High End Continuing Care Retirement Communities (CCRC) Offer Glitz But Lack Basic Care Essentials.

My client is one of a large number of siblings who were searching for a high end continuing care retirement community for their mother. Mom was in her early seventies, living independently, and driving. She owned a second home where she lived during the winter months. She could afford an…

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When Discussing Senior Living Options With a Parent, Don’t Force Him or Her to Take Your Suggestions

My prospects were a 45 year old baby boomer and her mother. Her mom lived in her own home where the neighborhood wasn’t changing for the better. The mother was 78 years old, totally ambulatory, mentally alert, and had Parkinson’s disease. The daughter lived in a suburb that was a…

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Long Term Care – Let The Buyer Beware!

I recently had a very interesting conversation with an Admissions Director of a well-respected Chicago skilled nursing home. We made the observation that due to the poor economy, many Chicago assisted living homes* are accepting residents whose medical needs cannot be met. In other words, the resident belongs in a…

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Evaluating Financial Incentives Offered by Retirement Communities

A Real Life Story I am currently advising an elderly couple who recently chose a beautiful apartment in a continuing care retirement community. The items on their retirement community “wish list” included the following: The apartment had to be no less than 1000 square feet. The community had to provide…

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