Financial Options and Planning

To help seniors and family members navigate through the many options available for financing assisted living, Sunrise is pleased to partner with Elderlife Financial Services.

Elderlife provides seniors and their loved ones with financial information, guidance, and services that simplify the transition to senior living. With a single phone call, your loved one can get a complete solution tailored to their unique needs and resources.

This includes help with real estate, veterans benefits, insurance policies, and a short-term bridge loan if they need to move quickly.

• Residents/families may be able to deduct the cost of room and care
• Resulting after-tax cost of senior living can represent a significant savings

Call 866-506-4244 or visit the Elderlife Financial Services website to learn more.

An Elderlife Financial Concierge will help you design a personalized financial plan so your family can start enjoying the assisted living care, services, and peace of mind you deserve.

The U.S. Department of Veterans Affairs outlines the benefits available to our senior veterans. War veterans and their spouses may be eligible to receive nearly $2,000 per month to help defray the cost of assisted living or other non-reimbursed medical care through the Aid and Attendance program.

To learn more, visit our Veterans page, contact your Veterans Regional Office, or call 800-827-1000.

The Internal Revenue Service (IRS) offers tax deductions on some costs related to senior care for both the resident and their family caregiver. Sunrise does not provide tax advice, but we suggest reaching out to your tax adviser or accountant for guidance on assisted living financing, as the after-tax cost of senior living can represent a significant savings. Tax deductions may apply to suite and care costs.

A companion living shared suite offers all the features and benefits of senior living homes at a more affordable rate. Companion residents enjoy great meals, engaging activities, transportation, and, most importantly, experienced team members dedicated to compassionate care. Sunrise companion living residents are matched through a common background or interest that can serve as a foundation for a friendship. Companion living eases the transition to the community through the guidance of a roommate who can help with feelings of isolation and depression and can help build confidence and self-worth through a meaningful relationship.