Thought for the Day” #1237 – by Stephen R. Elville, J.D., LL.M.

March 28, 2019

Choosing a continuing care retirement community (CCRC) and making the physical and financial move there is a huge decision involving multiple considerations and potential outcomes. Experience indicates that the “front-end” considerations are easier to assess than the “back-end” possible outcomes under different scenarios (what happens if I run out of money?). The thought here – except in the clearest of circumstances, don’t go through the CCRC selection and move-in process without advance analysis and input from each of your advisory team members (CPA, financial advisor, and attorney). #elvilleeducation