Full Consulting Services
Not moving into one of our Partner Communities? You can hire ERBC privately for a Cash Flow Analysis. Beginning with a free consultation to determine if this would be of benefit to your family ERBC works with you to create a customized Cash Flow Analysis. By providing you with what-if scenarios in plain English, with no product sales, families are better prepared to make decisions regarding care alternatives. Our clients love the peace of mind this analysis provides - from sharing with family members to helping to determine if there is a financial benefit available to the Senior, the Cash Flow Analysis is a valuable component in caring for a loved one.
The cost of the Cash Flow Analysis product for those not living in or moving to a Partner Community is a one-time fee of $800. To engage our services you will sign an Engagement Agreement which describes our services and a statement specifying any applicable fees.
Many of our client's are discussing a family member who qualifies for the VA's Aid and Attendance Benefit, in those cases, ERBC, under the direction of a VA-Accredited Attorney will coach you through your or your loved one's VA application and provide the applicant life time support with their VA benefit pro bono for the remainder of the applicant's life.
The Process
You begin by calling the ERBC call center to schedule an appointment with one of our consultants. At the initial consultation a overview financial analysis will be performed and several different funding options will be discussed.
At the conclusion of your consultation, you will have a thorough understanding of your income and medical expense situation. Should you wish to engage ERBC, we will send you an engagement agreement and through a series of calls, finalize your Cash Flow analysis.
What will you need for your initial phone consultation?
You will need to have the following information for your consultation with
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Elder Resource
Benefits Consulting
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Monthly Income
Monthly Income from all sources
Including Distributions from IRA, 401K and other deferred retirement accounts
Annuity Income
Rental property reportable income
All other Income
Unreimbursed Medical Expenses
Medical Insurance Premiums
Long Term Care Insurance Premiums and Reimbursement Rates
Monthly Assisted Living Fees
Homecare or Adult Day Care Costs
Assets - excluding car and personal jewelry and furnishings:
Amount in IRAs/401K other deferred retirement plans please know the annual minimum distribution and any amounts taken this fiscal year
Cash Surrender Value of Annuities
Stocks, Bonds and other Investments
Investment properties (excluding primary home)
Cash, checking accounts, money market savings etc.
Estimated value of primary home after payment of mortgages and other loans.
Face Value of Life Insurance Policies.
Should you decide to pursue the VA's Aid and Attendance application, at no-charge ERBC will:
Coach you through the entire process.
Set your expectations - the time to the release of funds can vary dependant upon many factors.
Review of your application - prior to filing and under the guidance of a VA accredited attorney, ERBC staff will review the forms the applicant or family members fill out and share their experiences with you. These options will be discussed in detail with you during your initial consultation.
Representation by a VA Accredited Attorney - should you desire, our Full Consulting Clients can assign one of our VA-Accredited Attorneys as your representative with the VA at no additional charge.
Be there for you - from filing to funds release. As the VA asks you questions, ERBC will provide you with valuable insight on how to navigate the intricacies of the system.
Regarding the pursuit of a claim for pension with the VA, a topic that has garnered much discussion - Individuals permitted to charge a modest fee for providing pre-application consulting. However, once you express an intent to pursue benefits, you have become a claimant for VA purposes (38 CFR 14.627(g), and any work performed on your behalf from that point forward is provided strictly without charge.
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