Is there a future Residency Program?
Yes. Do you want to take steps to make Lake Prince Woods your home but you aren't quite ready to make the move? You can join the Anchorage Club by submitting your application for admission and be placed on a priority list for available homes and receive invitations to special events and happenings at Lake Prince Woods.
Is there an application process?
Yes. Contact the Marketing staff to obtain an information packet and arrange for a visit. Select the type of residence that you desire. Return the completed Application for Residency to the Marketing office. An application fee may apply.
The following summarizes the Criteria for Residency guidelines used by the Residential Living Admissions Committee:
Finances: Eligible applicants demonstrate assets and monthly income sufficient to pay for all anticipated costs for their lifetime, including level of care changes, without significant change in their current lifestyle.
Age: The age for entry is 62 years. if application is for a couple, at least one of the two must be 62 years of age.
Health: Applicants must be able to live safely at the level of care requested and live harmoniously in a community setting.
What is the Residency Process?
After your application is approved, a Marketing staff member will ask you to complete the future Residency Agreement. The Future Residency Agreement is a brief form outlining your desired residence and the projected date of move in.
To reserve a residence, you make a partial deposit of the Residency Fee.
A physician's report is completed and returned to the Marketing office.
Your move in date is chosen. We will help coordinate the details of your move with you.
Prior to your move, the Residency Agreement and the balance of the Residency Fee are due.
Are there any taxable medical deductions associated with a move to Lake Prince Woods?
In accordance with the Internal Revenue Code, residents of Lake Prince Woods may be entitled to a deduction for a portion of monthly fees and entrance fees which represent medical care in the year they were paid.
May I bring my pet?
Yes. Some restrictions apply depending upon the location of residence.
Can my family and grandchildren stay overnight with me?
Yes, visitors are welcome to stay any time. Guest rooms are available by reservation. There is a charge for reserving guest rooms.