Financial Services

Today’s economy has affected us all and brings unprecedented challenges to seniors and families who are preparing to make a move to a seniors community. Belmont recognizes these challenges and is presenting financial solutions to help our current and future residents move forward with confidence.

Veteran Benefits

If you are a U.S. veteran or the surviving spouse of a veteran, you may be eligible to receive a federal monthly pension – up to $1,800 per month – to help pay for personal care such as Assisted Living. For application assistance please contact a Community Relations Associate at the Belmont Village nearest you.

ElderLife Financial Services

Simple, convenient financing options are available from a recognized leader in financial services.  Flexible line-of-credit options are ideal for those who need rent support while they wait for other benefits to begin or are in the process of selling a home.  Find out more at http://www.elderlifefinancial.com or simply call 1-888-228-4500 for details.

LifeCare Funding Group

The liquidation of a life insurance policy through a Life Settlement can act as a “funding bridge” to help cover the costs of retirement and senior-living services when other assets such as a home or stocks are underperforming or difficult to sell.  Find out more at http://www.lifecarefunding.com or simply call 1-888-670-7773 for details. Save up to 35% with Companion Living at Belmont Village Roommates at Belmont Village enjoy dedicated suite apartments at lower monthly rates without sacrificing any of Belmont’s signature amenities, programs, or services. Perfect for twosomes.

Gift Tax Exemption

Family members can pitch in toward the cost of Assisted Living and take advantage of the IRS gift tax exemption. In 2009, individuals can provide gifts of up to $13,000 per person per year without paying a federal gift tax.  Consultation with a tax professional is strongly advised before making financial decisions. For more information about these programs, please contact a Community Relations Associate at the Belmont Village nearest you.