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Frequently Asked Questions

Financial Planning FAQs

  • expand What Does Lifecare Mean?

    Lifecare at The Estates means you can feel confident about your financial security for the future – no matter your long-term care needs. Research shows that about 70 percent of people 65 and older will need long-term care services at some point in their lifetime.

    Lifecare guarantees lifelong access to care – while protecting your assets at the same time. This lifetime of care includes independent living, assisted living, skilled nursing and rehabilitation services. With Lifecare, should your health needs change, you can receive health care services at the same monthly rate you pay for independent living. Tax benefits included!

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  • expand What Is Long-Term Care Insurance?

    Law passed by Congress in 1980, establishing a clear and comprehensive prohibition of discrimination on the basis of disability.

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  • expand Can I Afford to Live at The Estates at Carpenters?

    At The Estates at Carpenters, payment of a one-time entrance fee and an ongoing monthly fee guarantees access to a lifetime of health care at predictable costs. Without the protection of Lifecare, long-term health care costs can quickly and easily deplete a lifetime of savings. Lifecare can help protect your assets in retirement. Contact us today to discuss the costs associated with a Lifecare community and how affordable it really can be.

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  • expand How Does Lifecare Protect My Financial Assets?

    The Estates at Carpenters is a Life Plan Community offering a Lifecare contract, which means that costs remain predictable no matter how much care you or your loved one needs – whether that is assisted living, skilled nursing or short- and long-term rehabilitation.

    With a Type “A” Lifecare contract, residents are guaranteed unlimited, lifetime access to care at rates that don’t increase significantly, even if health needs do. Lifecare is only for individuals who move into independent living while they’re still healthy. Lifecare’s one-time entrance fee and ongoing monthly fee translate into substantial savings compared with pay-as-you go health care options.

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  • expand What Are the Tax Advantages to Retiring in Florida?

    Financial incentives abound when you call Florida home in retirement. Florida does not have a state income tax for individuals, so you can continue to build your wealth. All wages and earnings are exempt. Florida has no state inheritance taxes, so you won’t have to pay state taxes on any money willed to you. Florida has no estate tax, so your estate is worth more. Florida has no capital gains tax, so your investments grow larger.

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  • Sales Process FAQ

    expand I’m Interested in Your Community. Where Do I Begin?

    Experienced team members in our Sales and Marketing Department are here to assist you with any questions and to help you through the process. If you are interested in simply scheduling a visit to tour our beautiful 33-acre campus and see our model apartments, contact us today at (877) 849-7815 or complete our online contact form.

    If you are ready to make a move to The Estates at Carpenters, our professional team can help you expediate the process – from completing the applications and selecting your residence to customizing your new home and making the actual move.

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  • expand What Is Involved With the Admission Process?

    Once you have decided which apartment and contract is right for you, the actual application process begins by submitting both a financial and a personal statement. Upon approval of your application, you will be asked to make a deposit on your entrance fee.

    Additionally, your physician will need to complete a medical form and return it with the results of recent medical tests. Once your financial paperwork is approved, you will be scheduled for a non-invasive medical evaluation.

    Our team will do everything we can to expedite your move, so you can begin enjoying the benefits and amenities of life at The Estates as soon as possible!

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  • expand Once I Select an Apartment and Contract, What Is the Next Step?

    Work with our Move-In Coordinator in our Design Center to personalize your spacious independent living residence and make it uniquely your own! Think of your new apartment home as a “blank canvas” to express your style.

    Plus, our VIP Move-In Package – an added value of $2,500! – will help make downsizing and moving from your current home a breeze! We partner with Premier Transitions, America’s oldest trusted relocation firm.

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