There are many financial implications to consider before moving to a Life Plan Community. Becoming a resident at a Silverstone Living Community may present worthwhile tax and financial advantages.

Pre-Paid Medical Expenses
A portion of the one-time entrance fee may be included on a federal tax return as a prepaid medical expense. A portion of the monthly service fee may also be deducted (typically 30% to 40%).

New Hampshire’s Tax Advantage
New Hampshire is one of the most attractive states to retire in, due to an appealing tax profile:

  • No general sales tax.
  • No state income tax.
  • No state estate tax.
  • No capital gains tax.
  • Pensions are not taxed.
  • Lowest tax burden of any New England state.
  • In the Top 10 of Lowest Tax States in the US. (