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Up Close - Up Close - December 06, 2012
Evaluating continuing care
Gifting rules, arbitration clauses described as areas that deserve close scrutiny


Of the Journal of Business

Jeffrey Bair, of Touchmark on South Hill, says the retirement-housing market often mirrors the overall housing market.
Jeffrey Bair, of Touchmark on South Hill, says the retirement-housing market often mirrors the overall housing market.
Seniors face a sometimes daunting process, particularly in evaluating contractual terms, when researching moving into a continuing-care retirement facility, says Richard Sayre, a partner at the Spokane-based Sayre & Sayre PS law firm.

"It's just like buying a house," Sayre says. "If you get handed 40 pieces of paper, you need to read them."

Continuing-care retirement communities are facilities that offer housing for different stages of retirement, typically including...


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