Thought for the Day” #1225 – by Stephen R. Elville, J.D., LL.M.

March 5, 2019

Many couples and their families are concerned about the latter stages of continuing care retirement community (CCRC) living after one spouse may require higher levels of care in assisted living or skilled nursing while the other spouse remains in independent living. Depending on the CCRC contract and the internal policies and procedures of the particular CCRC, life and the financial outlook for the spouse in independent living may look vastly different at that time from what was contemplated by him or her at the time of entry to the community months or years earlier. This situation may require analysis, intervention, and representation to negotiate (or renegotiate) and develop an acceptable arrangement for the healthier spouse’s future financial welfare and happiness. #elvilleeducation