- Former Golf Course Now Home to New Senior Living Facility in Conroe
- Worthington Manor Luxury Living Community takes over Wedgewood Golf Course
- Spectra Properties Plans 118-Unit Worthington Manor in Conroe, Texas
- Worthington Manor at the Lakes of Wedgewood, a senior living community, to open in Conroe in November
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Helpful Tips, Articles, and Information
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Aging isn’t something we are always prepared for in our loved one or in ourselves. Focusing on overall wellness and happiness, being more knowledgeable about our situation or condition, and finding the best solution or best “fit” for our care is important to improve quality of life and manage expectations.
As a caregiver, your journey looks a little different depending on the health of your loved one. Sometimes you have to make the best decision you can in a very short amount of time. Sometimes you have time to research and ask more questions.
We’ve created on our blog what we hope will be valuable articles and resources to address some frequently asked questions about senior living. For more specific questions about community offerings, visit our Amenities page or contact the community.
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Financial Resources
Choosing the right community for yourself or a loved one can be a challenging process. Finding ways to pay for the right community shouldn’t have to be.
While Worthington Manor is not providing you financial advice, we can help you become aware of the financial resources and options available.*
VA Pensions are available to U.S. Military veterans and widowed spouses of veterans. Pension benefits are needs-based, and your “countable” family income must fall below the yearly limit set by Congress.
Aid and Attendance is a VA pension for qualified veterans or spouses of veterans who require the aid and attendance of another person. Financial qualifications for Aid and Attendance are different than financial qualifications for the basic pension alone. Some people who qualify for Aid and Attendance even though they would not have qualified solely for the basic pension. For more information click here.
This financial option can be used to pay for immediate care needs, all health conditions are accepted, there are no wait periods, no care limitations, no costs or obligations to apply, no requirements. LTCI plans will help pay for long-term care costs.
A convenient financing option. A flexible line of credit options is ideal for those who need rent or care support while waiting for other benefits to begin or are in the process of selling a home. Find out more at Elderlifefinancial.com.
A life settlement is the sale of an existing life insurance policy to a third party for more than it’s cash surrender value but less than it’s death benefit.
If family members contribute to the monthly costs of assisted living or memory care, they may be able to take advantage of the IRS gift tax exemption. In 2021, individuals can provide gifts of up to $15,000 per person per year without paying a federal gift tax ($30,000 as a joint gift). Consult a tax professional to learn more about the Gift Tax Exemption.
*This information is provided to help you become aware of resources and is not considered advice and is not guaranteed to be accurate or current information. Please seek out the specific resources to get up to date information that may be an option for you.
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