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Another suggestion, for your friend to find an Elder Law Attorney who also specializes in finances. That attorney could guide her with what could work best for her investments to keep those investments growing. To find an Elder Law Attorney, scroll down to the bottom of this page, in the middle you will see "Elder Law Attorneys".
Often such organizations as A Place for Mom or others are able to provide assistance with finding care. They take information about wants, needs, conditions to be addressed, and etc. as well as assets information and link up the elder with care facilities in their area.
If YOU wish to help you can go with this friend to explore Independent and Assisted Living in your area simply by search engine. Begin exploration online as almost all have good websites even down to telling size and lay out of rooms. Then make visits.
It's nice of you to care and she is wise to start early, but remember there is a time to grieve and gather strength needed here as well. I am sorry for her loss.
I am hoping that someone in this group, or perhaps other referred online groups that I’m not aware of, will contain people who are familiar with some of these specific communities and be able to give us some good input. And, yes, of course she will need to figure out what to do about all of her directives (POA, medical POA etc.) which had all named her daughter. She will be doing something soon for the short term, and then have documents drawn up within the state where she ends up settling.
Right now, we are really focusing on finding these types of progressive-care communities. Another person mentioned A Place for Mom, which I happen to be pretty familiar with and do plan to contact, but they do not have representation in all areas and, where they do, I feel they are more focused on assisted-living options.
I hope other people are reading this post and will have some input, including suggestions for information resources.
The Manor in Florence, SC
The Legacy in Hartsville, SC
Harbor Chase in Palm Beach Gardens, FL