You direct the care plan - we'll support it with financial guidance.
Support for Senior Housing & Healthcare Professionals
Help Families Access the Best Care They Can Afford
As you know, understanding the finances surrounding long-term healthcare and senior housing can be a challenge, even for the savviest families. The Lifecare Affordability Plan (LCAP™) is a financial planning process, based on your Plan of Care, designed to provide families with a strategy that meets changing healthcare needs while preserving the caregiver’s quality of life.
Introducing current and prospective resident families to LCAP can facilitate better use of their available funds, as well as:
Bolster resident’s financial security through improved management of assets
Plan for the most likely care outcomes, and optimize their finances appropriately
Make private pay admissions accessible to more residents
However, the LCAP process does more than provide financial guidance. It facilitates the decision-making process for individuals and families who are often overwhelmed by the “new normal” they find themselves in following a diagnosis.
Our approach is compassionate but grounded in reality. Having an actionable, long-term plan in place, in the form of an LCAP, helps families move forward with confidence and peace of mind.
Email or call (703) 940-3485 to schedule a meeting time.
Our Promise To You
We incorporate the plan of care built by your team and the prescription of care from the healthcare professionals at the center of the LCAP — complementing your direction with decision-making guidance and financial advice.
Just like physicians operate according to a standard of care — agreed-upon best practices and clinical paths — we operate to the highest fiduciary standard of care. The fiduciary standard of care requires that we act in the client’s best interest when offering financial advice.
We understand the importance of trust in the relationships you have with your residents, families and potential clients. We honor that in every interaction
The resource you need to meet your organization’s goals.
Our team augments your team in ways that benefit your whole organization.
Our Team
We have over 20 years of experience — personal, professional and volunteer — in the senior housing and healthcare field.
- LCAP creator Tom West is a seasoned financial planner with an emphasis on advising families struggling with a life-changing diagnosis. He sat on the boards of several assisted living and memory care communities.
- Client Services Director Arvette M. Reid has 15 years of professional experience in senior housing and healthcare — she’s walked in your shoes and understands your challenges.
- All our financial planners have decades of experience developing strategic recommendations to aid families in growing, protecting and distributing their wealth.
Case Study
Weighing the Options When the Need for Care Increases
Steve (age 75) and Mary (age 76) are in an independent living environment at an affluent lifecare community in Northern Virginia. Steve has been diagnosed with intermediate stage dementia. Mary is a no-nonsense, sophisticated investor, who has successfully managed the couple’s multimillion-dollar assets.
When we met her, Mary was evaluating whether to move toward higher levels of assistance within their community or bring additional hours of home-based care into their independent living environment. We helped Mary make a choice that gave her peace of mind and the support of her family.
