Aging Options

Good-bye “CCRC” – Hello “Life Plan Community”

With a new generation of retirees poised to make long-term living decisions, marketers say it’s time for a new name to describe retirement communities. So say good-bye to the time-honored term, “Continuing Care Retirement Community.” That’s what the familiar acronym “CCRC” stands for, and it’s a term that has described a wide range of retirement … Read more

Why that CCRC contract requires an expert opinion before you sign

At the end of December, a New York trial court ruled that residents of a continuing care retirement community (CCRC) breached their contract when they applied for Medicaid before spending down their assets.  Good Shepherd Village at Endwell v Yezzi (NY Slip Op 51900 – NY: Supreme Court, Broome 2014). In 2009, Peter and Hazel … Read more

Help Your Clients Plan Their Housing Future

By Rajiv Nagaich, CAP, Fellow Editor’s Note: This article originally appeared in the July 2023 edition of NAELA News Online Ultimately, outside of the legal work clients seek us out for, the core issue for every retiree is housing — even if they do not realize it during the planning stages. Every elder law attorney … Read more

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