Announcement

Collapse
No announcement yet.

Continuing Care Retirement Communities (CCRC)

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    #16
    Originally posted by 502E79 View Post

    Hi Faith,
    ...
    I'll add them to my prayers this evening Faith. Parkinson's may be a heavier burden....

    Jer
    Thanks so much!

    ~ Faith
    MSWorld Volunteer -- Moderator since JUN2012
    (now a Mimibug)

    Symptoms began in JAN02
    - Dx with RRMS in OCT03, following 21 months of limbo, ruling out lots of other dx, and some "probable stroke" and "probable CNS" dx for awhile.
    - In 2008, I was back in limbo briefly, then re-dx w/ MS: JUL08
    .

    - Betaseron NOV03-AUG08; Copaxone20 SEPT08-APR15; Copaxone40 APR15-present
    - Began receiving SSDI / LTD NOV08. Not employed. I volunteer in my church and community.

    Comment


      #17
      Originally posted by palmtree View Post
      If anyone is thinking of protecting assets by hiring a lawyer I recommend having it in place well before you are ready to enter a CCMC.
      My research has led to reviewing applications for waiting lists. All of three applications, required that applicant have a will or trust along with a health care proxy in place prior to admittance. And of course proof of sufficient funds to purchase and maintain your choice of residence.

      Originally posted by palmtree View Post
      If anyone might need to use Medicaid it takes major acrobatics to get things safe. Everything must be done five years before entering a facility.
      This is a different discussion, but my memory regarding Medicaid approvals and home ownership changing hands 5 years previously, was correct in FL in 2002. But also note that the law allows for a spouse to retain the home to live in, regardless of its value. Unless 2001 standards no longer apply.




      Comment


        #18
        Wanted to bring this thread up to date for those who responded to it last year and newbies who may be interested.

        It isn't a lock yet, but I found a place that meets all or at least many of my requirements. You can only see so far ahead in life and to extrapolate isn't recommended IMHO. So research is over and I have begun to act.

        Timing, patience, a handful of other virtues (think faith) have been at the forefront these past months. A lot remains before I can move, but that said, I expect mid autumn will find me in new digs.

        Any questions are welcome... they might come in handy as I dot the "I's" and cross the "t's." The preceding responses to this thread have been addressed, at least as best as I could currently.

        Comment


          #19
          Sounds good, Jer! Hope everything goes smooth for you!
          PPMS for 23 years (dx 1998)
          ~ Worrying will not take away tomorrow's troubles ~ But it will take away today's peace. ~

          Comment


            #20
            Lots of luck Jer. Hope it is a great transition for you.
            Kathy
            DX 01/06, currently on Tysabri

            Comment


              #21
              I have a couple. Did you have to pay an entrance fee? Does the facility control the money? if yes, suppose they go bankrupt iWas it possible to research if the monthly fees in past years remained consistent without sudden spikes? I don’t mean to be offensive but could you ballpark the entrance fees and the monthly’s and finally what state do you reside? Thank you for all the help you are comfortable sharing.

              Comment


                #22
                Originally posted by KoKo View Post
                Sounds good, Jer! Hope everything goes smooth for you!
                Thanks KoKo, but as we both know... Having MS gives an a priori assumption, nothing goes completely smooth.

                Comment


                  #23
                  Originally posted by pennstater View Post
                  Lots of luck Jer. Hope it is a great transition for you.
                  Thank you also Pennstater.

                  It's going to be a learning experience for sure but that's a good thing.

                  Also a side note, I did look into (asked is all), on staff, retention rates, nurses or aides for assisted living section (if or when this transition becomes needed). The answer was similar but reflected a lot of what Covid-19 did around the world. Previous to 2020 their retention rates were average. They felt understaffed in 2020. Honest IMO.

                  I did consult with an attorney over my LW&T etc, needed updating (my executor passed last year). And I addressed your question of leaving. One can leave at any time. Understand that the buy-in refund declines over time, so after a pre determined amount of years... zero refund.

                  What happens if you are no longer able to manage your finances? Part of the paperwork needed for entrance is a PoA who in my case can handle medical and financial requirements.

                  Comment


                    #24
                    Originally posted by robert152 View Post
                    I have a couple. Did you have to pay an entrance fee?
                    Yes.

                    Originally posted by robert152 View Post
                    Does the facility control the money? if yes, suppose they go bankrupt iWas it possible to research if the monthly fees in past years remained consistent without sudden spikes?
                    No. This facility has existed for 4 or more generations and appears financially sound and socially responsible. As of my approval for residence I was informed of a cost of living increase in the monthly fee above the figure stated in supplied literature.

                    Originally posted by robert152 View Post
                    I don’t mean to be offensive but could you ballpark the entrance fees and the monthly’s and finally what state do you reside? Thank you for all the help you are comfortable sharing.
                    I don't find it offensive but some may decide not to research at all if I disclosed my findings. This is a mistake, do your research. And a reminder... I enter as independent living. I pray the need for assisted living will never arrive.



                    Comment


                      #25
                      JER ( if I may call you JER) thank you for the info. My wife is recovering from a very nasty fall which I may post about and we will have to sell our two story house and move but where??? We are considering independent living if My wife recovers as they are predicting so I am just starting to check things out. Again, thank you and best of luck.

                      Comment


                        #26
                        Much appreciate the update!
                        My plan is also to eventually go to a place like Pennstater described and definitely with a skilled/dementia unit. There are a couple of nice ones around here. It will likely be expensive but that is what I have worked for and fortunately there are no concerns about preserving an estate. I'd like to spend it all and if not the remaining will go to an animal charity.
                        He is your friend, your partner, your defender, your dog. You are his life, his love, his leader. He will be yours, faithful and true to the last beat of his heart. You owe it to him to be worthy of such devotion.
                        Anonymous

                        Comment

                        Working...
                        X