One of the biggest concerns for potential residents and families today is the expected costs of assisted living and the increasing rate of long-term care. United Methodist Homes strongly recommends that individuals consult with a good elder law or estate planning attorney to obtain the best advice and information specific to their situation; however, here is some basic information to get you started.
Assisted living costs will vary based on the type of services you need the monthly. In general, you can expect to spend between $3,000 and $9,000 a month. The expense also includes:
• A daily meal or meals
• Housekeeping/cleaning services
• Building and apartment maintenance services
• Utilities (water, gas & electric)
• Security is provided at all our communities
• Access to community enrichment activities
There may also be a small admission fee which goes toward the costs of establishing the programs, helping with move-ins, and setting up care services for new residents.
Financial Qualification
Financial qualification is based on many factors mainly your age and care needs. It’s a false statement that moving into assisted living requires signing over all your assets along with your home. At United Methodist Homes, we review many factors while determining your financial eligibility to enter our communities. Your home may be a part of financial qualifications factors, but we never ask you to give us any ownership of your house. Nonetheless, if the value of your house was used as part of your financial qualification you will be required to maintain that asset to pay for your stay.
Financial Help
There are costs of long-term care and assisted living government programs that can be benefit qualified individuals. And, veterans may qualify for Aid and Assistance programs, which can pay at least some of the costs of assisted living. Please note there are eligibility requirements for government assistance.
We have assisted living communities throughout New Jersey. For more information, please visit http://www.umh-nj.org/
Assisted living costs will vary based on the type of services you need the monthly. In general, you can expect to spend between $3,000 and $9,000 a month. The expense also includes:
• A daily meal or meals
• Housekeeping/cleaning services
• Building and apartment maintenance services
• Utilities (water, gas & electric)
• Security is provided at all our communities
• Access to community enrichment activities
There may also be a small admission fee which goes toward the costs of establishing the programs, helping with move-ins, and setting up care services for new residents.
Financial Qualification
Financial qualification is based on many factors mainly your age and care needs. It’s a false statement that moving into assisted living requires signing over all your assets along with your home. At United Methodist Homes, we review many factors while determining your financial eligibility to enter our communities. Your home may be a part of financial qualifications factors, but we never ask you to give us any ownership of your house. Nonetheless, if the value of your house was used as part of your financial qualification you will be required to maintain that asset to pay for your stay.
Financial Help
There are costs of long-term care and assisted living government programs that can be benefit qualified individuals. And, veterans may qualify for Aid and Assistance programs, which can pay at least some of the costs of assisted living. Please note there are eligibility requirements for government assistance.
We have assisted living communities throughout New Jersey. For more information, please visit http://www.umh-nj.org/
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