Minneapolis, Minnesota – 5/25/2010 – Many seniors and their families are financially strapped and stressed about how to pay for needed senior housing or long term care services. In these times, traditional funding sources such as savings, stocks , long term care insurance, or reverse mortgages may not adequately meet their needs. There are other answers.
V.A. AID & ATTENDANCE PENSION BENEFIT: a direct payment to Veterans or Surviving Spouses to pay for home care
ELDERLIFE SENIOR LINE OF CREDIT: interest-only monthly payments to finance or supplement senior housing costs
LIFE CARE ASSURANCE BENEFIT: use an unwanted or unneeded life insurance policy to pay for home care or senior housing


