financial solutions offered by Memory Haven

Financial Solutions

We understand the challenges families and individuals face today when considering a move into a senior living community. Cost is naturally one of the first questions and considerations you have in the moving process. This page offers you some information on a few financial options available to seniors. These financial resources may help you afford the cost of assisted living or memory care services. Your individual questions, application process and any particular circumstances should be reviewed directly with the financial resource provider by contacting them at the phone number listed.

Once your funding sources are available, the community's Executive Director and Business Office Coordinator will be able to work with you on the process for payment to the Community.

Memory Haven

(253) 470-4838

5107 Parker Rd E Sumner, WA 98390 US

Elderlife Financial Solutions

Founded in 2000, Elderlife focuses exclusively on helping seniors afford the lifestyle, care, and services they deserve. They will walk you through options and programs to find the best solution for both the short and long-term. Elderlife can help you create an individualized financial road map, to help you or your loved-one pay for senior living. In one phone call, find peace of mind with a sound financial road map. Solutions include:

Real Estate Services: Elderlife Senior Real Estate Specialists (SRES) can provide a market analysis of your home, help with staging, junk removal and estate sales, then complete the process by listing and selling your home.

VA Benefits Assistance: Accredited agents will help determine your eligibility and aid in the application process.

Long-Term Care Insurance Claim Assistance: Claim experts can evaluate your existing policy and help you get the most from it.

Elderlife Bridge Loan: Elderlife’s bridge loan helps your loved one move in today while waiting for other funds to become available later. It is engineered to be fast and easy, with same-day approval and funding.

To learn more, please contact Elderlife Financial Solutions at 1-888-228-4500 or visit their website at

Life Care Funding Group

Life Care Funding helps you to use any type of existing life insurance policy to pay for long-term care or senior housing. Funds are deposited into a Long-Term Care Benefit Account that makes automatic monthly payments to the long-term care provider of your choice. The payment plan is flexible and can be adjusted as your needs change. There are no fees, and once enrolled you are no longer responsible for premium payments.

The process is quick with benefit payments starting in as little time as 30 days. A Long-Term Care Benefit Plan for senior living and assisted living costs can be tax-advantaged and is both a Medicaid qualified spend-down and a VA qualified spend-down.

To learn more, please contact Life Care Funding Group at 1-888-670-7773 or visit their website at

Veterans Benefits

The U.S. Department of Veterans Affairs offers an Aid & Attendance benefit for qualified Veterans and surviving spouses to help with the cost of assisted living. This benefit can be used for care at any state licensed care setting.

Medical Eligibility: The individual must need assistance with at least 2 Activities of Daily Living (ADLs) within VA guidelines. Details on these needs can be best explained by an expert at your local VA office or by contacting a Veterans Benefits Advisor.

Financial Eligibility: Many assets, including some annuities; pre-paid funeral expenses may be exempt from consideration in the financial qualification guidelines. For more information regarding financial qualifications, seek the professional advice of a VA-accredited attorney.

To learn more, please contact a Veterans Benefits Advisor at 1-866-575-2736.

Long-Term Care Insurance

Long-term care insurance can help cover some of the costs associated with assisted living and may cover care generally not covered by health insurance, Medicare or Medicaid.

Individuals who require long-term care are typically unable to perform the basic Activities of Daily Living (ADLs). Age is not a determining factor in needing long-term care, however once a change of health occurs long-term care insurance may not be available.

To learn more, please contact the American Association for Long-Term Care Insurance at 1-818-597-3227 or visit their website at