Hollenbeck Palms has developed 4 Financial Entry Options so that you can choose the one most appropriate for your retirement plan.
Plan B Easy Entry (not available to Magnolia Court residents)
Plan B Easy Entry does not require residents to pay an accommodation (entry) fee. Residents pay a monthly fee only.
Plan B
Plan B requires residents pay an accommodation (entry) fee. Residents also pay a monthly fee which is significantly less than the Plan B Easy Entry plan above.
Plan A
Plan A requires that residents assign all or a portion of designated assets into the Hollenbeck Trust for their continuing care. Residents have access to these assets for their personal needs.
Plan B Refundable Option
The Plan B Refundable Option requires an accommodation (entry) fee which is 85% refundable after the apartment has been reassigned to a new resident. Residents also pay a monthly fee.
We would be happy to review your questions by phone or in person at your convenience.