In a decision officially released this week, Redding Life Care v. Redding, a 4-3 majority held that it was legitimate and legal for the town of Redding to use a hypothetical fund as a valuation analysis tool. The ruling is a case of first impression for Connecticut.
March 11, 2013 at 10:51 AM
1 minute read
The older and richer people get, the more they may be interested in finding out what a CCRC is.
It stands for continuing care retirement community. These are luxurious retirement communities that start with a cottage or condo for independent living one or two bedrooms, room for guests.
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