Securing your dream retirement today while protecting your estate for tomorrow.
The LifeCare Contract provides the same benefits as a Continuing Care Contract in terms of access to higher levels of care and financial security, but it operates under a different financial model. While residents who choose to come in under a LifeCare Contract pay a higher entrance fee up-front, that entrance fee is 90% refundable; and monthly fees stay consistent through independent, assisted living, memory care, and nursing.
The bottom line: LifeCare provides access to all levels of care at Taylor, as well as access to charitable care if it should be needed over time. While it does have a higher entrance fee, some people find comfort in the refundability of that entrance fee to help preserve their estate. In addition, LifeCare is a great option for people for whom predictability and consistency are important when planning for future healthcare expenses. A one-time entrance fee is required, and monthly fees are consistent, regardless of the level of care. LifeCare is available only to residents coming to Taylor at the Independent Living level.