New York Estate Planning & Elder Law Blog
CONTINUING CARE RETIREMENT COMMUNITIES
There are currently 1,900 continuing care retirement communities throughout the country, with approximately one half of a million residents. As you may already know, continuing care retirement communities are communities that offer seniors or older adults – depending on the community – independent living options with various medical and social care features. There is a recent trend to offer senior housing options in association with universities, which usually give the residents cutting edge medical care. The residents also benefit from being allowed to attend college lectures and have access to the universities exercise and recreational activities.
MAJOR FINANCIAL AND LIFE DECISION