Luxury Assisted Living For The Wealthy and Tax-Wise

It seems unlikely that a multimillionaire would want to move into assisted living. After all, rich people can afford round-the-clock home care if they need it. Yet today's elderly affluent are flocking to continuing care retirement communities (CCRCs). The reasons are simple. Many don't want to be old and alone, even if it is in their own mansions. More importantly, a new breed of CCRCs are finally

It seems unlikely that a multimillionaire would want to move into assisted living. After all, rich people can afford round-the-clock home care if they need it.

Yet today's elderly affluent are flocking to continuing care retirement communities (CCRCs). The reasons are simple. Many don't want to be old and alone, even if it is in their own mansions. More importantly, a new breed of CCRCs are finally luxurious enough — and provide a good enough financial incentive — to attract the wealt

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