Life Care Contracts

Life Care Contracts are agreements that outline the future care needs and costs for individuals, typically seniors, who may require long-term assistance due to age or health issues. These contracts guarantee a specified level of care in a secure environment, such as a retirement community or nursing home, for the rest of the person’s life. The agreement often involves a one-time payment or ongoing fees, ensuring that the individual receives the necessary support without worrying about changes in financial circumstances as their needs evolve. This provides peace of mind for both the individual and their family.