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Real Estate
Reply to "Anyone downsize to a townhome?"
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[quote=Anonymous]Assisted living is pricey. One pays to effectively lease the unit, and then some if they need any other services. If they are ill or become frailer the cost ramps up quickly. In another state, Florida, as of a few years ago the base price was $2800/month but services like medication management was about $600 extra per month. Ask the assisted living facility how many nurses they have on duty on the overnight shift. Divide that number by the number of units and you can quickly deduce how effective the assisted living facility is. A better idea is to find a good quality continuing care residence - the kind that has a large buy-in fee -- and move them in there. Then they will be cared for for the rest of their lives. Ask the same questions of the CCRC that you would ask of the ALFs. Also ask about the refund policy. [/quote]
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